PRESIDENT AND CEO, APPLE FEDERAL CREDIT UNION, FAIRFAX COUNTY
Virginia Business //September 2, 2025//
PRESIDENT AND CEO, APPLE FEDERAL CREDIT UNION, FAIRFAX COUNTY
Virginia Business //September 2, 2025//
When Grimm assumed leadership of Apple Federal Credit Union in 2017, it had 190,000 members and nearly $2.4 billion in assets. Today, it has nearly 270,000 members, 25 branches and $5.3 billion in assets.
A sliver of that growth stems from a merger with Fairfax’s NextMark Credit Union, which was completed in January. Prior to the deal, NextMark had $519 million in assets and about 17,000 members. “These are exciting times,” Grimm wrote on his LinkedIn page when the merger was announced.
Founded in 1956 as a credit union for educators, Apple welcomes as members anyone who lives, works, worships, volunteers or attends school in Fairfax, Frederick and Prince William counties or the cities of Fairfax, Manassas, Manassas Park or Winchester.
Grimm has worked at Apple FCU since 1995, when he came aboard as a strategic planning manager. By 1999, he had been named vice president of finance. In 2004, Grimm was named Apple’s executive vice president and chief operating officer.
In addition to a marketing degree from Fordham University, Grimm has a master’s degree in business from Johns Hopkins University.
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