Allegacy Federal Credit Union
Michelle Salvadore has extensive work experience in the finance and accounting sector. Michelle started their career as a Senior Accountant and Staff Accountant at Gray Callison & Co. from July 1988 to August 1990. Michelle then worked as a Senior Auditor at Root Wilkerson Woods & Co. from August 1990 to December 1993. Michelle served as a Controller at Flow Chevrolet, LLC from December 1993 to November 1994.
Michelle joined Allegacy Federal Credit Union in March 1997 as an Internal Auditor and held this position until November 1999. Michelle then served as an Internal Audit Manager from December 1999 to July 2000. Michelle was later promoted to Assistant Controller and worked from August 2000 to June 2005. From July 2005 to August 2007, Michelle held the role of VP Controller, where they played a key role in ensuring compliance and reporting for financial statements.
In September 2007, Michelle was promoted to VP of Finance at Allegacy Federal Credit Union. In November 2014, they became SVP Finance and was responsible for implementing a new Enterprise Risk Management program. From 2007 to 2016, Michelle managed various financial aspects such as asset liability management, interest rate risk modeling/reporting, budgeting, and forecasting.
Michelle's most recent position at Allegacy Federal Credit Union is Chief Financial Officer. Starting in September 2020 as interim CFO, they oversaw all aspects of balance sheet management, financial accounting and reporting. In February 2021, they officially became the CFO, acting as a key member of the Executive Management team and providing financial guidance to the CEO and other team members.
Overall, Michelle Salvadore has demonstrated expertise in financial management, accounting, risk management, and strategic planning throughout their career.
Michelle Salvadore obtained a Bachelor of Science in Accounting from East Carolina University, where they studied from 1984 to 1988. Michelle subsequently became a Certified Public Accountant in North Carolina in 1992, certified by the North Carolina State Board of CPA Examiners. In 2012, they obtained the Chartered Global Management Accountant certification from the American Institute of Certified Public Accountants.
Allegacy Federal Credit Union
For 56 years, Allegacy Federal Credit Union has helped its members, employees and the communities it serves be their best by helping all make smart financial decisions. Allegacy has become one of the largest credit unions in North Carolina, serving more than 177,000 members worldwide with $2.2 billion in assets and more than $1.4 billion in assets under management in Allegacy Investment Group. With roots in Winston-Salem, Allegacy has 18 locations across the Triad and Charlotte areas, and nine high school student-run credit unions. Allegacy offers personal and business financial services to its members, including the employees, retirees, and families of more than 5,000 companies throughout the country. To learn more, visit Allegacy.org.