Marshall Boutwell
A Leader in Corporate Citizenship M
Atlanta-area companies.
expected to run a large credit union, let
of Gwinnett Federal Credit Union,
alone one that helps students attend
now named Peach State Federal Credit
people afford life,” Boutwell said.
college at GGC.
Union (PSFCU). Founded to serve
“Unlike banks, we don’t have investors/
arshall Boutwell’s life didn’t
turn out exactly as planned. He never
Raised in a military family, he enlisted
In 1994, he became president/CEO
than 400 other employee groups across its seven county footprint. “Credit unions are there to help
teachers, the organization once oper-
stockholders, we don’t pay federal taxes
in the U.S. Army and held several
ated out of a car trunk filled with boxes
and our board is all-volunteer. Our
command and staff positions. He
of its members’ files.
members are also our owners and they
learned all he could about leadership,
From such humble beginnings, it
aware of his responsibility when
grew to 5,000 members and $14 million
a social mission. We invest 10 percent
in assets. Under Boutwell’s 20-year
of our profits in the community through
Highly decorated, he earned
leadership, PSFCU expanded to 41,000
support of education, schools and
several medals including
members, $265 million in assets, about
the arts.”
leading soldiers into combat.
Go to engage.ggc.edu
the Purple Heart, Bronze
100 employees and 12 branches. Its
Star and Distinguished
Lawrenceville headquarters has PSFCU
for the full story
Flying Cross.
well-prepared for future growth as the
When a reduction in
credit union continues its pattern of 15
force ended his military
percent annual growth. It is one of the
career, he had to rethink his future. He earned a degree in trust management from Campbell Univer-
have expectations of service, so we have
Boutwell is enthusiastic about PSFCU’s commitment to education. “What teachers do is multigenerational,” he said. “It carries on.” When Georgia Gwinnett College was
fastest-growing credit unions in the
established, it became part of PSFCU’s
state and in the nation.
commitment to education. PSFCU
PSFCU remains education-centric,
funds two scholarships for education
sity in Buies Creek, N.C. His banking
serving employees of city and county
majors and committed $50,000 to the
career included positions at several
school systems, governments and more
Daniel J. Kaufman Scholarship Fund. To Boutwell, corporate citizenship is a duty and education the most effective way to support the community. “Companies owe it to themselves and to the community to do everything they can to support education,” he said. “We get a lot more than we receive.” In addition to leading an organization committed to its corporate citizenship, Boutwell himself serves the community through board positions for several industry-related groups, Aurora
”Companies owe it to themselves and to the community to do everything they can to support education.” – Boutwell
Theatre and the Lawrenceville Planning Commission. He also is active in Rotary. “I know that I have an impact on people and that I have a tendency to end up in leadership positions,” said Boutwell. “I spent 25 years training for this job and didn’t know it. Sometimes I have to pinch myself because it feels like I’m on vacation. I love what I do.”
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