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July 4 – Independence Day
September 1 – Labor Day



Branch Locations

555 Quince Orchard Rd.,         Gaithersburg
12820 Wisteria Dr., Germantown
15245 Shady Grove Rd., Rockville
11140 New Hampshire Ave.,         Silver Spring

Upcoming Events

July 19 – Auto Buying Seminar, 11 a.m. – 12:30 p.m.

Enterprise Car Sales will be discussing auto buying tips as well as giving a hands on demonstration on what to look for when purchasing a used vehicle. The seminar will take place at MAFCU's Germantown Headquarters at 12820 Wisteria Dr. and lunch will be provided. To reserve your space, please RSVP to marketing@mafcu.org or 301-944-1732 by July 14.

Aug 20 – Annual Meeting, 6 p.m.

The Election of MAFCU Board of Directors will take place during our Annual Meeting on August 20 in the Community Room of our headquarters building (12820 Wisteria Dr., Germantown, MD 20874).

The slate of candidates is listed below. Nominations may also be made by a petition signed by 20 members or 1% of the membership (currently 21, 466); whichever is greater, and filed with the secretary of the board by July 11. Petitions should be mailed to the address listed above. There will be no nominations from the floor.

Board of Directors News


Michael Papillo

Carol Rieg

"MAFCU Congratulates Michael Papillo on 27 years of dedicated service on our Board of Directors and wishes him well in retirement. We would also like to welcome Carol Rieg, President of Rieg and Associates, as our newest Board Member."

Candidates for board of directors:

John G. Boothe has served on the Mid-Atlantic Federal Credit Union Board of Directors for the past 24 years. He currently holds the position of Vice Chairman of the Board, and chairs the Supervisory Committee. Mr. Boothe is retired from the IBM Corporation and the Lockheed Martin Corporation. Mr. Boothe taught, part time, at Shenandoah University, Winchester, VA, for five years following his retirement from his aerospace career. He holds an undergraduate business degree and an MBA from West Virginia University.

Barbara Kawamura has served on the Mid-Atlantic Federal Credit Union Board of Directors for the past 17 years. She currently holds the position of Secretary of the Board and is a member of the Management Committee. Ms. Kawamura was a member of the Supervisory Committee for five years prior to becoming a Board member. She worked for IBM for 11 years and is now employed by Rockville Nursery School and Kindergarten in Rockville, MD. Ms. Kawamura has a B.S. from the University of Maryland, College Park, in Information Systems Management. She is active in her church and in Rockville
civic groups.

W. R. Poffenberger has served on the Mid-Atlantic Federal Credit Union Board of Directors for the past 28 years. He currently serves on the Management Committee and previously served as Secretary for many years. Mr. Poffenberger is retired from IBM and Lockheed Martin Corporation with over 35 years of Program and Configuration Management with Lockheed Martin/Loral/IBM. His positions have included Program Management, Configuration Management, and Plans and Controls. Mr. Poffenberger attended Hagerstown College and the University of Maryland.

Carol Rieg was appointed to the Mid-Atlantic Federal Credit Union Board of Directors on March 31, 2008. She served on MAFCU's Supervisory Committee for the past six months. Ms. Rieg is a resident of Montgomery County, MD, and is President of Rieg and Associates, a government-relations and public-relations firm. She is also a member of the Gaithersburg Board of Appeals and a board member for the Gaithersburg-Germantown Chamber of Commerce. She served as a Member of the Maryland Transportation Authority from 2005 – 2007. Ms. Rieg earned her bachelor's degree from Indiana University of Pennsylvania.

Charles W. Thomas has served on the Mid-Atlantic Federal Credit Union Board of Directors for the past 28 years. Mr. Thomas also served as President/CEO of Mid-Atlantic Federal Credit Union for 32 years, retiring at the end of 2007. Mr. Thomas has served on the board of the Alliance of Credit Unions (formerly the league of IBM Credit Unions) and LICU Corporate FCU for 19 years and has been the President of LICU+ since 1990. He holds a B.S. in Business Management and has completed the CUNA/California League Executive Development Program at Stanford University. He has also completed the CUES Advanced Leadership Institute at Harvard Business School and is a board member for the National Association of Federal Credit Unions.

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MoneyMatters is a publication of Mid-Atlantic Federal Credit Union. We hope you find the articles and information helpful in navigating the money matters in your life. Please contact us with feedback or suggestions for future topics. Send mail to Mid-Atlantic FCU Attn: Marketing 12820 Wisteria Dr., Germantown, MD 20874 or e-mail marketing@mafcu.org.
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