Management
Dr. Norman C. Francis, Chairman of the Board
Dr. Francis is a founding Director of the Bank and has served as its Chairman since the Bank's inception in 1972. He is also President of Xavier University, a position he has held since 1968. Under his dynamic leadership, the university has more than tripled its enrollment, broadened its curriculum, expanded its campus, and received national attention for its award winning academic initiatives and programs.
Alden J. McDonald, Jr., President and CEO
Mr. McDonald, President & CEO, has held his current position since the Bank's inception in 1972, making him the longest tenured African-American financial executive in the country. With nearly 40 years of experience in the banking industry, Mr. McDonald's strategic vision and hard work have been crucial to the success of the Bank. Under his leadership, the Bank's assets have grown from a mere $2 million in 1972 to over $370 million currently.
Leroy Watts, Executive Vice President and Chief Financial Officer
Rhonda M. McMillan, Senior Vice President and Chief Credit Officer
Rhonda is responsible for Credit Administration, Mortgage Operations, Visa and Risk Management for Liberty. She has a graduate degree in banking from Southern Methodist University's Southwestern Graduate School of Banking. With almost 15 years in banking, Rhonda has held numerous positions within the Credit Administration and Risk Management areas.
