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Schaefer Named "Most Admired CEO" by Triad Business Journal

Schaefer Named "Most Admired CEO" by Triad Business Journal

Release date: 7/15/2016

WINSTON-SALEM, NC (July 15, 2016) -- Truliant Federal Credit Union today announced that its President and Chief Executive Officer Marc Schaefer received the honor of being named "2016 Most Admired CEO" by Triad Business Journal.

Schaefer, who joined Truliant in 1995, was recognized for his leadership and contributions to Truliant’s growth, achievements, and building an innovative employee culture that aligns with the credit union’s mission to understand and improve members’ lives.

"It's an honor to be recognized by Triad Business Journal alongside the many distinguished leaders making a meaningful impact in our region and beyond," Schaefer said. "Most importantly, I'm proud of the work Truliant has done to truly improve the lives of our members, their families, and the communities we serve.”
Among notable career achievements, Schaefer was instrumental in helping pass legislation in the late 1990s that preserved credit union membership availability nationally beyond single employee groups to many companies, communities and consumers. Schaefer was also behind an innovative visual representation of member awareness that they own the Credit Union in the form of a 64-foot obelisk at Truliant’s headquarters that’s topped by an ambient lighting system that can glow from bright blue to dull yellow based on a real-time survey of member satisfaction and engagement.  

Additionally, Schaefer is a member of the TruTones, Truliant’s house band, one of his many efforts to engage with staff. He currently serves on the Executive Committee of the Winston-Salem Chamber of Commerce and the Innovation Quarter Advisory Board. He also serves on the Boards of Directors for the Charlotte Chamber and Charlotte Regional Partnership.

Most recently, Schaefer has led the 64-year-old credit union’s Greater Charlotte expansion. Truliant has had a presence in Charlotte for nearly three decades and is now dotting Mecklenburg County with new locations. The expansion will give Truliant a total of 14 Member Financial Centers in the Charlotte region by the end of 2016. 

The Triad Business Journal's 2016 Most Admired CEO Awards recognizes local industry leaders' achievements within their companies and in the community. The winners and finalists are lauded for demonstrating determination and insight yielding successes for their organizations.

About Truliant Federal Credit Union
Truliant Federal Credit Union is a mission-driven, not-for-profit financial institution that promises to always have its member-owners’ best interest at heart by improving their lives through providing financial guidance and affordable financial services. Truliant was chartered in 1952 and now serves more than 199,000+ members and currently has 31 Member Financial Centers in North Carolina, South Carolina and Virginia. For more information on Truliant Federal Credit Union, visit


Contact: Heath Combs
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