HAUPPAUGE, N.Y.–The $7.3-billion Teachers FCU here has selected a candidate from the opposite coast as its new CEO. TFCU has selected Brad Calhoun to lead the organization and succeed Robert G. Allen, who is retiring.
Calhoun is the former chief retail and marketing officer for First Tech Federal Credit Union in Hillsboro, Ore. In a statement announcing the hiring, Teachers CU said while at First Tech Calhoun led the strategic direction of the organization and was responsible for nearly half of the more than 1,400 employees who work out of 42 branches across eight states.
Before joining First Tech, Calhoun held several roles at Bank of America, most recently as area executive senior vice president for the bank’s Pacific Northwest region.
Allen has been with Teachers FCU in a variety of roles since1988, overseeing growth in assets from $250 in assets, and the expansion of branches from seven locations to 31.
According to the statement, Allen said he delayed retirement to oversee the integration of several 2018 acquisitions, including two taxi medallion-lending CUs that had been placed into conservatorship, LOMTO Federal Credit Union and Melrose Credit Union.