The $250 million E Federal Credit Union headquartered in Baton Rouge announced Tyler Grodi as its new president/CEO, effective May 2.

Grodi has worked in the financial industry for 12 years, including as vice president and chief financial officer of the South Dakota-based Black Hills FCU.

“Following a nation-wide search, the E Federal Credit Union board reviewed information from many candidates including some from within EFCU,” said Richard Bergeron, chairman of the EFCU board of directors in a press release. “We reviewed a lot of good talent but in the end it was the pleasure of the board to extend an offer to Mr. Grodi. We are excited to welcome him into our family and are eager to get to work strengthening EFCU's position as a leading credit union in the Greater Baton Rouge area.”

Grodi also serves as a board member for the Credit Union Association of the Dakotas, and is the chairman of the board for Midwest Business Solutions LLC, a business lending CUSO.