John Madri, Former Global CEO, has Died

On Sunday, November 23, the Northwest credit union movement lost a beloved leader when John Madri, tformer president and CEO of Global Credit Union, passed away at his home in Spokane after a long and courageous battle with pancreatic cancer. John was 78.

“John was my mentor, my role model and my friend,” said his successor, Global President and CEO Jack Fallis. “He showed me how to be a leader, a community activist and a good man. John’s memory will live on.”

John Madri was born and raised in New York City. He joined the U.S. Air Force after high school and was stationed at Fairchild Air Force Base (FAFB) in Spokane, Washington.

He left Spokane at the end of his service, only to return to FAFB a few years later to serve first as a supervisory production controller, then as chief of classification of wage administration, and finally as chief of labor and employee management relations. His civilian career at FAFB lasted 18 years.

In 1970 John was invited to serve on the supervisory committee of Fairchild Federal Credit Union — destined to become Global Credit Union — which was founded in 1954 to serve the military and civilian personnel of FAFB.

John rose to the chair of the supervisory committee, and a few years later became chairman of the credit union’s board of directors. As Fairchild Federal’s president Dominic Allessio approached his retirement, he suggested that John take his place.

Global Credit Union boomed under John’s leadership, opening nine additional branches and growing assets from $30 million to $300 million. John introduced the region’s first in-store branch and its first drive-up ATM.

John is remembered by his team as a champion of Global employees who encouraged their personal development and success, and as a brilliant communicator and a true trail blazer for Global Credit Union, and for the credit union movement at large.

John’s funeral and celebration of life will be held on November 26 at 11 a.m. at the Audubon Methodist Church. There will be a reception at Global Headquarters following the funeral.

Questions about this story? Contact James Pearson: 206.340.4790, jpearson@nwcua.org. 

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