Frank Wasson

President & CEO

Frank Wasson is an accomplished financial services executive with over 30 years of experience driving strategic leadership and operational excellence across the credit union industry. In his current role as President and CEO of CommonWealth One Federal Credit Union, he is responsible for setting the organization's strategic vision, overseeing day-to-day operations, and leading a high-performing team to deliver exceptional member service and financial performance.

Professional Experience

Current Role

As President and CEO of CommonWealth One Federal Credit Union since 2021, Frank is focused on advancing the credit union's mission to provide personalized financial solutions and support to its growing member base. Under his leadership, the organization has achieved sustained growth, enhanced its digital capabilities, and strengthened its commitment to community engagement. Frank's strategic acumen and collaborative management style have been instrumental in driving innovation and operational excellence across the credit union.

Career Progression

Prior to joining CommonWealth One, Frank served as President and CEO of First Entertainment Credit Union, where he led the organization through a period of significant transformation and growth. He has also held senior leadership roles at CBC Federal Credit Union as Chief Operating Officer and at Partners Federal Credit Union as Chief Information Officer, where he spearheaded the implementation of cutting-edge technologies and business process improvements.

Earlier in his career, Frank spent over 15 years at The Walt Disney Company, where he held various positions within the Technology Strategy group, contributing to the company's digital transformation and technology roadmap.

Education

Frank holds a Bachelor of Science degree in Computer Science from the University of Southern California, where he graduated with honors.

Areas of Expertise

• Credit union operations and strategic planning

• Digital transformation and technology implementation

• Financial services innovation and product development

• Organizational leadership and team management

• Community engagement and member experience

Professional Impact

Under Frank's leadership, CommonWealth One Federal Credit Union has experienced consistent growth in membership, assets, and financial performance. He has been instrumental in spearheading the credit union's digital transformation initiatives, which have enabled enhanced member services and improved operational efficiency. Frank's industry expertise and collaborative approach have also led to his appointment as a Board Member at Trellance and a member of the Board of Advisors at Array, where he contributes his insights and strategic guidance.

Conclusion

With his extensive experience, proven track record of success, and deep commitment to the credit union industry, Frank Wasson is a respected leader who continues to drive positive change and sustainable growth for CommonWealth One Federal Credit Union and the broader financial services community.