ARLINGTON, Va.-NAFCU made three recommendations for the Federal Reserve Board’s Thrift Institutions Advisory Council (TIAC). The Fed is presently accepting nominations for the 2002-2003 TIAC. Combined, San Antonio Federal Credit Union President and CEO Jeff Farver; Kinecta Federal Credit Union and Kinecta Financial and Insurance Services President and CEO Thomas R. Graham; and Bethpage Federal Credit Union President and CEO Kirk Kordeleski, have 77 years of experience in the credit union community. Farver has the most with 32, but Graham and Kordeleski are close behind with more than 20 and 25 years, respectively. * A financially troubled San Antonio Federal Credit Union hired Farver in 1990 at the direction of NCUA as its CEO to pull the institution out of ruin. “In less than 11 years, the credit union has doubled in total assets, tripled in consumer loans, and built its capital reserves back from negative 6.6% to a respectable 8.4% of total assets,” NAFCU President and CEO Fred Becker wrote in the recommendation letter. Over the years, Farver has specialized in saving troubled credit unions, including Eglin Federal Credit Union of Walton Beach, Florida and Chattanooga TVA Employees Federal Credit Union, Becker wrote, and he has occasionally served as a consultant to NCUA and trained examiners on direct and indirect lending. Additionally, NAFCU named Farver Professional of the Year in 1999. * Graham joined Kinecta in 1990, then called Hughes Aircraft Employees Federal Credit Union, as senior vice president of administration. He was promoted to senior vice president of finance, technology and organizational development in 1993, appointed to senior vice president of lending in 1995, and CFO again in 1997, until he settled into the position of president and CEO in 1998. Prior to Hughes, Graham served as acting president and CEO of the Ohio Credit Union League. * Kordeleski joined Bethpage Federal Credit Union in 1992 as executive vice president in charge of operations until January 2000, when he was promoted to the top position. Since his promotion, Bethpage has grown over 20% per year in deposits, nearly 30% in loans, and now is a $1.35 billion credit union with more than 100,000 members nationwide. Prior to joining Bethpage, Kordeleski served at Bank/Fund Staff Federal Credit Union (World Bank/IMF) in Washington, D.C. in a variety of positions, including as computer manager. [email protected]

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