Sarah Fergason Named Point West Credit Union’s New CFO
April 21, 2020
Point West Credit Union recently announced that Sarah Fergason has been promoted to Chief Financial Officer. Most recently serving as the Vice President of Finance and Administration at Point West, Fergason currently oversees accounting and finance, human resources, and collections. The CFO title more accurately describes her essential role to the credit union, and she continues to help create solutions for its members.
Fergason began her career in 1997 at iQ Credit Union and transitioned to the Accounting Manager at Red Canoe Credit Union in 2006, where she handled high-volume financial operations. Committed to maximizing profitability and optimizing cash flow, Fergason joined the Point West team in 2017, bringing with her an extensive background in data research and analysis, internal control and due diligence, risk analysis management and budget management, as well as the drive to bring real change and opportunity to the underserved community.
“Sarah joined the team at a critical juncture, when intensive projects were being implemented as a springboard for long-term strategies,” said CEO, Amy Nelson. “Her data-driven mindset, fueled by a heart for service, were, and continue to be, key success factors for our credit union. During Sarah’s interview, she underscored her desire to learn and grow with our cooperative, so in turn she could support and drive Point West to serve our most marginalized members. We promised to keep Sarah busy on that path, and she has excelled at learning and leveraging the community development credit union model. It is a privilege to promote Sarah to the role of Chief Financial Officer, as she continues her mission-driven work.”
Fergason leverages her strong accounting and finance background to do good for the community; she serves on the Finance Committee for The Cupcake Girls in Portland and engages in credit union regulatory and political work in both Oregon and Washington. Her ability to successfully oversee multiple departments is a testament to her work ethic and adaptability and reinforces the value she brings to the credit union.
“I am truly honored to work with the staff, members, and community of Point West. The dedication and mission to bring financial empowerment to the underserved community is inspiring and I look forward to what the future holds as we continue to expand our outreach,” Fergason said.
Posted in Member News.