Your Passport to Financial Success
Inet Account Access

Perry's Promotion to President

President's Desk - March, 2010

In today’s ever-changing economic environment, succession planning has never been more important for the continued stability of Texas Federal Credit Union. That is why Chairman Donald Noack and Chief Executive Officer Sandy Smith are pleased to announce that TFCU’s Board of Directors has unanimously voted to promote Catherine Perry from Executive Vice President/Chief Operating Officer to President of Texas Federal Credit Union.

Perry’s promotion to President is a well-deserved acknowledgement of her contribution to the growth and success of Texas Federal Credit Union. Perry, who has over 30 years of combined credit union and banking experience, began employment with Texas Federal Credit Union in May 1991 as the Vice President of Loan Administration. In May 1992 she was promoted to Executive Vice President and then to Chief Operating Officer in December 2004.

Smith, TFCU’s President/CEO since 1988, will continue to be the credit union’s Chief Executive Officer with Perry as her direct report. Though Smith is not planning on leaving her CEO position anytime soon, TFCU’s Board of Directors, staff, and members can rest assured that, given additional duties and responsibilities as the credit union President, Perry will be ready, willing, and able to lead the credit union toward achieving long-term goals in the future.

“It is a privilege and honor to serve as Texas Federal Credit Union’s President,” said Perry. “I have been dedicated to the credit union’s safety, soundness, and growth for the past 18 years and will do everything in my power to ensure its continued success for years to come.”

“In 2010,TFCU members can expect more credit union products and services including mobile banking, personal FinanceWorks, and Check 21 processing to expedite our members access to deposited funds” Perry reported. “Stay connected with us online by becoming a Facebook Fan of Texas Federal Credit Union this year.”

Catherine Perry