Matt Alexander Joins Supervisory Committee at South Carolina Federal Credit Union

June 5, 2014

N. CHARLESTON, SC — South Carolina Federal Credit Union’s Board of Directors appointed Matt Alexander as its newest member of the Supervisory Committee.

The Supervisory Committee provides assurance that credit union policies, procedures and systems of internal control are adequately designed and functioning to safeguard member assets. It also ensures the credit union’s financial condition is accurately represented via financial statements.

As a member of the committee, Alexander’s responsibilities include monitoring the quality of the credit union’s finances and evaluating actions and decisions of the Board of Directors to guarantee competence and timeliness. The committee also addresses member and employee complaints, along with supervising the operations of the Internal Audit function.

Alexander is the co-founder of Palmetto Medical Initiative (PMI) which opened its first comprehensive medial campus in Masindi, Uganda in 2011. Within 13 months, the clinic was financially self-sufficient, due to the organization’s successful business model. Since investing in the people of Uganda, PMI has treated nearly 100,000 patients and organized more than 1,000 volunteers on short-term medical missions.

In January 2014, PMI opened its second medical center in El Viejo, Nicaragua and has plans underway for a second hospital in Uganda and a location in Burundi, Africa.

Alexander was named a 2010 “Health Care Hero” by the Charleston Regional Business Journal and was selected as one of the Journals’ Top Forty Under 40 in 2011.  He received an M.B.A. in International Business from the Darla Moore School of Business at the University of South Carolina.  Mr. Alexander received a B.A. in Religion from Charleston Southern University.

 

About South Carolina Federal

South Carolina Federal Credit Union is headquartered in North Charleston.  More than 140,000 members own and belong to the not-for-profit financial cooperative, which has over $1.3 billion in assets. South Carolina Federal is a community-chartered credit union. Anyone who lives, works, worships or attends school in Berkeley, Charleston, Dorchester, Calhoun, Orangeburg or Georgetown counties, and most of the Columbia area, is eligible to join. South Carolina Federal has 17 branches, and ATMs throughout Charleston, Columbia and Georgetown. More information about South Carolina Federal can be found at scfederal.org or on the SiMPLE CENTS blog at simplecentsblog.org.