Tropical Financial Credit Union Promotes Shaw to Executive Vice President/COO

MIRAMAR, Fla. – Tropical Financial Credit Union has promoted Richard “Rick” Shaw to Executive Vice President/Chief Operations Officer.  He previously served as Chief Financial Officer.  In his new role, Shaw will be responsible for all consumer, business, and mortgage lending, and oversee collections. His focus will be to align the lending functions with the credit union’s long-term strategic goals.  Shaw joined Tropical Financial in 2015 from Union Federal Savings Bank in North Providence, Rhode Island.  The last eight-and-half-years there, he served as President/CFO.  Union Federal was the internet banking arm of the First Marblehead Corporation in Boston, Mass. Shaw, a CPA and attorney, earned both his undergraduate degree in accounting and a J.D. degree from the University of Florida.  “Rick did a tremendous job for us as CFO and he is the right person to lead our lending division,” said Richard Helber, president and CEO.