Island Federal Credit Union has named vice president/CFO Bret Sears as its new president/CEO.
Sears succeeds Robert Dethlefsen, who retired at the end of November after 34 years of service to the Hauppauge, N.Y., credit union.
Sears has been on the executive team at the $778 million credit union since 2004 and brings more than two decades of financial experience to his new post, Island FCU said.
Prior to joining Island, Sears was senior vice president/CFO at Adirondack Bank in Utica, N.Y. He has also held high-level financial positions at Skaneateles Savings Bank in Skaneateles, N.Y., and OnBank & Trust Co. in Syracuse, N.Y., the credit union said.
A certified public accountant, Sears began his career in the Syracuse office of KPMG and graduated from Le Moyne College in Syracuse, N.Y., where he earned a bachelor’s of science degree in accounting.
“My fellow directors and I are confident that Bret is the right person to build on the success and strong foundation that Bob Dethlefsen established,” said Shirley Watson, board chair. “The board and I look forward to Island’s bright future under Bret’s leadership.”