FOR IMMEDIATE RELEASE
7, LLC has announced A.J. Holst has joined the organization as its Business Development Executive. 7 is a wholly owned credit union service organization (CUSO) of ORNL Federal Credit Union (ORNL FCU) in Oak Ridge, Tenn. Holst assumed his role effective December 11, 2019.
As part of the business development team at 7, Holst will be responsible for developing partnerships with other credit unions to enhance available member services through multiple channel delivery. His role will also include increasing brand awareness and marketing efforts of 7’s business lines, including 7 Mortgage, 7 Insurance, and 7 Title. With over 30 years in the financial industry, Holst brings extensive knowledge and experience to the organization. He most recently held the role of Area Account Manager for CU Direct, one of the nation’s largest CUSOs. In his role, he was responsible for building relationships with dealerships and credit unions throughout the East Tennessee and Kentucky region, including ORNL FCU. “A.J. has a proven track record of building and enhancing relationships between organizations,” said Chris Boler, President & CEO of 7. “He understands the importance of credit union collaboration, our commitment to offering top tier products and services, and our promise to serve our members and our partner credit unions with unparalleled support.”
CUSOs are subsidiaries of their corresponding credit union(s) and strive to build collaborative partnerships with like-minded credit unions. 7 Mortgage is a CUSO that brings together a suite of mortgage lending services that allows cost-effective origination of residential real estate loans available to every credit union regardless of size and experience in mortgage lending. ORNL FCU is one of 28 partner credit unions that use the services of 7. Sister companies, 7 Title and 7 Insurance, are jointly owned ventures with neighboring Y-12 FCU and offer clients credit union level financial products and member service.
ORNL Federal Credit Union is a not-for-profit financial cooperative locally owned and operated by its members for the benefit of all who belong. Established in 1948 with 10 founding members, ORNL Federal Credit Union’s assets have grown to over $2.25 billion and membership has grown to over 172,000. Open to businesses and anyone who lives, works, worships, or attends school in the 16 counties of Central East Tennessee, ORNL Federal Credit Union currently serves members in multiple branches located throughout Anderson, Blount, Campbell, Hamblen, Knox, Loudon, Monroe, Roane, Sevier, and Union counties.