Four credit union leaders have been named to the Long Island Business News 2021 banking and finance power list — recognized not only for their leadership at their respective financial institutions, but for being on hand to be “the voice of calm in the storm” of the pandemic.
“Fortunately, Long Island’s leading banking and finance professionals were on hand to be the voice of calm in the storm, saving businesses, protecting people’s assets and helping them to pivot their financial strategies to survive the sudden downturn,” said Joe Dowd, editor/publisher of the Long Island Business News.
Brad Calhoun, president/CEO of Teachers FCU
Since joining Teachers FCU in June of 2019, Calhoun has led the organization through a full rebranding initiative and facilitated multiple strategic partnerships. Additionally, in his two years with the organization, he has overseen the credit union’s growth in assets from $7.3 billion in 2019 to today’s $8.7 billion.
Calhoun has over 25 years of leadership experience in the financial industry Before joining Teachers FCU, he served as chief retail and marketing officer of First Tech FCU, where he led the strategic direction of the organization. He also directed a number of major marketing initiatives and spearheaded the redesign and strategy for all branches, transforming the member experience while simultaneously creating greater member value.
John Deieso, CEO of Jovia Financial Credit Union
For 29 years, Deieso has served in many different capacities and departments at Jovia Financial Credit Union from consumer and commercial lending, information technology, mobile banking to telecommunications and contact center, digital banking and card services, before a rising up the ranks to his current position of CEO.
While under his leadership, Jovia Financial Credit Union has continued to shepherd its evolution as it expands into new regions, introduces advancements in digital banking, encourages a dynamic company culture and continues to create a member-centric credit union that appeals to Long Island’s ever-changing demographics while consistently positioning the organization as one that combines white glove service with innovation.
Wayne Grossé, president/CEO of Bethpage FCU
Grossé was named president/CEO of Bethpage FCU in 2015, and under his leadership, Bethpage expanded its charter in 2003 to serve nearly all residents who live, work, or go to school on Long Island. In 2016, he led a market expansion initiative that enhanced Bethpage’s field of membership to any individual or business that opens a $5 share account, not limited by geography. Under his vision, the Bethpage Cares program, which invests heavily in local, high impact community programs, serves with an eye toward creating better communities through diversity, equity, inclusion and belonging.
Over the years, Grossé has directed most of the credit union’s operations, and under his leadership as CEO, Bethpage is now the 13th largest credit union in the nation and the largest in the Northeast Region with $11.6 billion in assets.
Bret Sears, president/CEO of Island FCU
Since 2011, Sears has served as president/CEO of Island FCU, and under his leadership, the credit union has grown from an $800 million credit union with five branches to a $1.6 billion institution with 11 branch locations on Long Island and in Brooklyn.
In 2014, the credit union signed a 10-year partnership with Stony Brook University, which includes branches on campus and the Stony Brook Health Sciences Center, as well as more than a dozen ATMs on site, and naming rights to the Island Federal Arena. In addition, in 2018, Bay Ridge Credit Union became a part of the Island Federal family, expanding its charter into Brooklyn. Further, Sears’ greatest impact on the credit union has been increasing its community involvement and charitable support.