Brad Calhoun Appointed New CEO for New York’s Second Largest CU

Starting in early June, Brad Calhoun will become president/CEO of the Teachers Federal Credit Union, New York’s second largest credit union by assets.

He will succeed current TFCU President/CEO Robert G. Allen who is retiring after three decades of service.

Under Allen’s executive leadership, the Hauppauge, N.Y.-based credit union grew its assets from $302 million to $7.3 billion and increased membership from 73,000 to 329,705. TFCU currently manages $648 million in capital and $2.5 billion in investments, operates 31 branches and employs more than 800 full-time and part-time staffers.

Calhoun is joining TFCU from the $12.6 billion First Tech Federal Credit Union in San Jose, Calif., where he served as its chief retail and marketing officer and as head of retail for more than five years.

At First Tech FCU, Calhoun led the strategic direction of the organization and was responsible for nearly half of the more than 1,400 employees who work at 42 branches across eight states. In addition, he directed a number of major marketing initiatives and spearheaded the redesign and strategy for all branches, according to a TFCU prepared statement.

Before joining First Tech FCU, Calhoun held several executive and managerial positions at Bank of America over 13 years.

In other recent CEO announcements, the board of directors at the $361 Piedmont Advantage Credit Union in Winston-Salem, N.C., appointed Dion L. Williams as president/CEO of the Winston-Salem, N.C. cooperative.

Williams succeeds Judy R. Tharp, who retired from the credit union on April 30 after 13 years with Piedmont Advantage and more than 40 years in the credit union movement.

Williams previously served as president/CEO for Delaware’s largest credit union, the $480 million Del-One Federal Credit Union that serves 67,197 members.

Williams is a native of North Carolina where he grew up in the Granite Falls area, the credit union said.