Richard Sellwood Named President and CEO of USF Credit Union

Richard Sellwood is the new President and CEO of USF Credit Union, following his unanimous appointment by the Board of Directors on October 19, 2026.
Richard previously served as Senior Vice President and Chief Operating Officer, bringing extensive experience with the Credit Union and a strong understanding of its operations, employees, members and community partnerships to his new role.
As President and CEO, Richard will oversee our strategic direction, operations, member experience, and continued growth.
“I am honored and grateful for the confidence the Board has placed in me,” Richard said.“ "USF Credit Union has an incredible team of talented and dedicated employees who truly care about our members. I look forward to building on our strong foundation, strengthening our relationships with the University of South Florida and our community partners, and continuing to create an exceptional experience for our members.”
Building on a strong foundation
The Board expressed its confidence in Richard’s ability to lead the organization forward, citing his experience, understanding of our culture, and commitment to putting members first.
“Our mission remains unchanged, and our commitment to our members and employees remains as strong as ever,” said Dr. Rick Will, Chair of the Board of Directors. “We have an outstanding leadership team, a strong organization, and an exciting future ahead. We look forward to working with Richard as we continue building on the success of USF Credit Union.”
Thank you, Rick Skaggs
As Richard steps into his new role, we also recognize Rick Skaggs, who is departing the organization after many years of service and leadership.
On behalf of the Board, Dr. Will expressed sincere appreciation for Rick’s contributions to USF Credit Union, its members, and the communities it serves, wishing Rick all the best in the future.
Looking ahead
At USF Credit Union, our focus remains on helping people achieve their financial goals, strengthening the communities we serve, and making banking better for our members.
With Richard’s leadership and the dedication of our team, we look forward to what’s ahead - continuing to strengthen our relationships, create meaningful experiences for our members, and build on the foundation that makes USF Credit Union who we are.
Our mission remains the same. And we’re looking forward to what we’ll accomplish together.
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