First Tech Federal Credit Union announced the appointment of Gregory Mitchell as its new president/CEO, effective immediately. Mitchell previously served as CEO of Irvine, Calif.-based First PacTrust Bancorp and PacTrust Bank. 

With more than 30 years of community banking and financial institution experience and his visionary, results-driven leadership style, Mitchell is the ideal leader for First Tech, the credit union said. He is deeply committed to customer service and serving the community, and has been a member of a credit union for more than 35 years, First Tech said in a statement. 

Mitchell replaces former president/CEO Benson Porter, who accepted the position of president/ CEO of Seattle-based BECU in February. As a result of Mitchell's appointment, interim president/CEO Hank Sigmon will return to his previous position of chief financial officer.

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