Todd Sheffield to Retire As CEO of CFCU; Search on For Successor

SANTA ROSA, Calif. — Todd Sheffield, CEO of Community First CU here, has announced plans to retire mid-year 2021. The credit union has announced a search for a replacement.

Todd Sheffield

“The board would like take this opportunity to thank Todd for his 19 years of service with Community First Credit Union. Todd’s leadership, knowledge, and commitment have helped make Community First Credit Union what it is today. We are grateful for Todd’s commitment to serving our membership during his time at Community First Credit Union,” said Chairperson John Burke. “We wish Todd all the best for his retirement and success in all his future endeavors.”

Sheffield began in credit unions in 1985 and has held positions as controller with Cooperative Center FCU, CFO with Redwood Credit Union, and CEO for Sonoma Federal Credit Union for seven years.

He joined Community First Credit Union in 2001 as CFO,  and was promoted to CEO in 2003. During his career Sheffield has overseen growth from $53 million assets and 8,900 members to almost $630 million in assets and more than 59,000 members.

‘Immensely Gratifying’

“I have had an immensely gratifying and fulfilling career and have spent 19 rewarding years with Community First Credit Union,” said Sheffield. “I am grateful for the support shown to me by the board, managers, staff, and community during my time as CEO. I have great confidence that Community First Credit Union will continue to serve the needs of its members, staying true to the credit union’s vision and founding principles.”

D. Hilton Associates is handling the search.

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