Kevin Brauer Will Lead New Jersey's Largest Credit Union in 2023

Kevin Brauer will become president/CEO of New Jersey’s largest financial cooperative on Jan. 1, 2023, the board of directors for Affinity Federal Credit Union in said in a prepared statement earlier this week.

He succeeds current CEO John Fenton, who will retire after 27 years of service.

During his tenure, Affinity’s assets grew from $453 million in 1995 to its current assets of $4.2 billion, and loans increased from $327 million to $3.6 billion while membership expanded from 69,259 to 222,677.

Fenton provided the vision and execution to position Affinity as an industry leader and a trusted partner for the members and the communities it serves, the credit union said in a prepared statement.

Brauer currently serves as Affinity’s chief administrative and financial officer.

He holds more than three decades of financial services industry experience. Before joining Affinity in 2015, he was COO for VServe, a division of VSoft Corp. He also held top executive positions at Alloya Corporate Federal Credit Union and Empire Corporate Federal Credit Union.

“Kevin is a long-tenured, well-respected and highly regarded member of the Affinity leadership team,” Affinity Board Chair Richard Meene said. “He is committed to Affinity’s mission of supporting the financial well-being of its members and has been instrumental in developing the philosophy, services and impact that will continue to fuel our organization, as well as better support the communities we serve. We are confident in his vision for Affinity’s future and are thrilled to appoint him to this role.”

Affinity’s 505 employees run the credit union’s Basking Ridge-based headquarters, and 20 branches across New Jersey, New York and Connecticut.