KENSINGTON, MD February 29, 2024 – Signal Financial Federal Credit Union is pleased to announce the promotion of Nico Stein as Vice President, Information Technology. In his position, Stein is responsible for all internal systems that Signal Financial provides, as well as Signal’s cybersecurity policies and programs. As a senior member of Signal’s executive leadership team, Stein reports directly to Chief Operating Officer, Alec Patrick.
Nico has been at Signal Financial for more than 10 years, most recently serving as Assistant VP, Information Technology.
“I am excited about this opportunity to continue leading my team and building on the foundation we’ve laid here at Signal,” Stein said. “I’m looking forward to implementing plenty of new emerging technologies to create a better experience for members and staff alike.”
“Nico’s promotion to Vice President and our executive leadership team is in recognition of his strong leadership skills and strategic approach to our information technology systems,” Patrick stated. “With him at the helm of our IT department, Signal has an enhanced focus on technology, both from the future of our operational systems and the protection of our members data. I look forward to seeing all Nico will accomplish in his new position.”
Stein has more than 25 years of experience in the professional IT field, starting in 1999 working at IBM. Prior to joining Signal, he worked as a Network Engineer at Catholic University in Washington, D.C.
He holds a dual Bachelor of Arts in International Business Administration and Information Technology from University of Mannheim and Cambridge University.
About Signal Financial Federal Credit Union
Chartered in 1947 as the Washington Telephone Federal Credit Union by a group of telephone company workers, the credit union was formed to help people seeking a better financial alternative and to improve the quality of their financial lives. While much has changed since 1947, the mission of the credit union remains true to this day. In 2007, the Washington Telephone Federal Credit Union officially became Signal Financial Federal Credit Union to be more inclusive of the many diverse businesses in the field of membership, in addition to the founding telephone company group. Signal has grown to more than $400 million in assets, serving more than 23,000 members. The credit union also encompasses over 250 small to medium-sized companies, as well as individuals who live, work, worship, or attend school in Washington, D.C., or Prince George’s County, MD (inside the beltway). Signal is regulated by the National Credit Union Administration (NCUA), with deposits insured by the National Credit Union Share Insurance Fund (NCUSIF) up to $250,000.