News & Announcements

Thank You Chris Burgess!

The Board of Directors for Baylands Family Credit Union, Inc. announced at their meeting on Wednesday – June 17, 2020 – the appointment of Teresa P Millis as President and Chief Executive Officer.  A 13-year veteran employee, Teresa replaces Christopher R. Burgess who will be retiring on June 30, 2020.

Chris began his tenure with Baylands in 2006 and has since led the credit union through the start-up and growth of the first new branch in James City County at Norge, followed by the addition of a home-grown branch at Bottoms Bridge in New Kent County.  Later he led the credit union through a Charter conversion changing Baylands from being federally-chartered to becoming a state-chartered credit union under a new banner as Baylands Family Credit Union.  Subsequently, an additional branch was added through a merger with Spruance Cellophane Credit Union to create the Chesterfield County Branch.  The assets of Baylands have grown steadily over Chris’s time of leadership from $70 million to almost $95 million.

Board Chairman, George R. Carter expressed “We are grateful for the service of Chris Burgess, who has successfully led Baylands through many important changes over the last few years.  We wish him much happiness and good health during his well-earned retirement. Mr. Carter went on to add, “The Board is very happy with the elevation of Ms. Millis to take the helm, and are looking forward to continued growth and success for this great financial institution.  Ms. Millis is well qualified for the position and I know that she will lead the credit union on to even greater things.”

Teresa joined Baylands in 2007 and has over 25 years of experience in the credit union and banking industry having served prior roles in Operations, Member Services and Lending, Collections and Marketing.  Teresa has a Bachelor of Arts from Virginia Tech, holds certification in Credit Union Management from Southeast CUNA Management School at the University of Georgia, and is a NAFCU certified compliance officer.

When asked about her new position, Teresa stated, “I am excited to be a part of the Baylands family and honored that I have been selected to serve as CEO.  I look forward to building on our foundation of financial strength and outstanding service to our members and community, and leading the credit union to continued success and growth.”

The Management and Staff wish to extend our warmest wishes to Chris and are excited for him as he enters this new chapter in life.  His indelible mark on each of us will not be forgotten.  Please join us in congratulating Chris on his achievements, and welcoming Teresa in her new role here at Baylands!

Your Baylands Board of Directors, Management & Staff