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America’s First Federal Credit Union is proud to announce that longtime team member Nancy Rice has recently been promoted to Senior Vice President—Chief Risk Officer. A 29-year AmFirst veteran, Rice most recently served the Alabama member-driven financial institution as Vice President—Risk Management.
“Nancy’s tenure with AmFirst and her years of experience in leading compliance efforts uniquely qualifies her to step into this strategic role,” said AmFirst President and CEO Bill Connor. “Her unwavering leadership will help us contend with ever-evolving risks that we see in the financial services industry today.”
In her new role, she will be responsible for directing the administration of AmFirst credit resolutions and enterprise risk management, including vendor management, compliance, fraud, security and quality assurance.
“It is an honor to serve the AmFirst membership and I am excited to join the talented and dedicated executive team,” said Nancy Rice, Senior Vice President —Chief Risk Officer.
Rice first joined AmFirst’s Accounting Department in 1994 where she performed multiple roles, including ACH Specialist. She then moved to the Internal Audit Department in 1997 as a Staff Auditor and was promoted to Manager of the Quality Assurance/Risk Management Department in 2004. Five years later, Rice was promoted to a leadership position as Assistant Vice President—Risk Management. She was then appointed to Vice President—Risk Management in 2015 and served during this time as Bank Secrecy Act Officer.
A Birmingham native, Rice is a University of Alabama graduate. Since joining AmFirst, she has also graduated with honors from the Credit Union National Association (CUNA) Management School and received her Certified Credit Union Executive (CCUE) certification. She also holds certifications in Bank Secrecy Act, Compliance and Enterprise Risk Management.
According to Connor, additional promotions will be announced in the short-term signaling the credit union’s commitment to better equip its team to serve its members and extended communities alike.