Martinsville credit union announces leadership changes

Martinsville-based ValleyStar Credit Union announced Friday it has promoted Lisa M. Lambrecht to executive vice president. She was previously the chief financial officer at the credit union.

In her new role, she will report to the president and CEO, and oversee the CFO, chief operating officer, chief marketing officer, the risk management department and the human resources and training department. Before joining ValleyStar in 2019, Lambrecht was the president and CEO of Entrust Financial Credit Union, which merged with ValleyStar last July.

Lambrecht earned her bachelor’s degree from Old Dominion University and her master’s degree in business administration from the Keller Graduate School of Management at DeVry University.

ValleyStar also promoted Wm. Andrew Reynolds to CFO and senior vice president.

Reynolds has been with ValleyStar for 18 years practicing financial accounting and data analytics, which he will oversee in his new role. Before his time with ValleyStar, he was the controller of West Point-based Baylands Family Credit Union. 

He earned his bachelor’s degree in finance and a master’s degree in business administration from Virginia Tech. Reynolds also serves as the legislative event coordinator for the Southwest region of the Virginia Credit Union League.

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