All Press Releases for December 14, 2020

Basil John Farmakides Celebrated for Dedication to the Field of Banking

Mr. Farmakides channels years of expertise into his executive roles with Lafayette Federal Credit Union

    ROCKVILLE, MD, December 14, 2020 /24-7PressRelease/ -- Basil John Farmakides has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.

Driven to make the world a better place, Mr. Farmakides pursued studies in banking, business and law, earning a Bachelor of Business Administration and a Master of Business Administration from James Madison University, as well as a Doctor of Jurisprudence from the Washington College of Law at American University. A senior-level executive with considerable expertise in financial management, commercial real estate and investment banking, he excels as President and Chief Executive Officer of Lafayette Federal Credit Union, an $846.7 million financial institution servicing more than 27,000 members around the world. As a strong and results-focused leader, Mr. Farmakides maintains responsibility for overseeing direction and guidance for the overall operation of the institution, manages a comprehensive commercial lending program, and identifies, negotiates, executes and integrates credit union mergers in order to increase assets.

Before obtaining his current role, Mr. Farmakides gained valuable expertise in the field as Managing Director of Havenwood Capital Markets, where he focused on originating, structuring, and placing equity and debt capital for public and private companies nationwide. He also served as First Vice President of Federal Financial Advisory Services for CB Richard Ellis, Inc., where he maintained responsibility for portfolio analysis on the acquisition, management and disposition of portfolios totaling more than $3.23 billion. Earlier, he worked in management positions for Insignia/ESG, Inc., and the U.S. Small Business Administration.

To remain abreast of changes in the field, Mr. Farmakides aligns himself with the Regulatory Committee of the National Association of Federal Credit Unions, the Metropolitan Area Credit Union Management Association, the National Association of Government Guaranteed Lenders, the Mortgage Bankers Association of America, the American Bar Association and the American Hellenic Educational Progressive Association, among several other organizations.

Outside of his work, Mr. Farmakides remains dedicated to his community through the Children's Miracle Network and Capitol Area Food Bank. Looking ahead, he intends to experience the continued growth and success of his career. Ultimately, he aims to triple the company's revenue and redistribute it to help low income and underserved populations in the area.

About Marquis Who's Who®
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Today, Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis® now publishes many Who's Who titles, including Who's Who in America®, Who's Who in the World®, Who's Who in American Law®, Who's Who in Medicine and Healthcare®, Who's Who in Science and Engineering®, and Who's Who in Asia®. Marquis® publications may be visited at the official Marquis Who's Who® website at

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