The $752 million KeyPoint Credit Union in Santa Clara, Calif., has named Brad Canfield as its new president/CEO, succeeding the recently retired Tim Kramer.
Canfield had been president of 1st Security Bank in the Seattle area. He joined the bank as its chief financial officer in 2008 after 20 years with BECU, most recently as CFO there.
“His extensive experience and financial management in our industry will add to the strong foundation already in place at KeyPoint Credit Union,” said Keith Stattenfield, board chairman at the 40,000-member Silicon Valley credit union.
KeyPoint serves a heavily high-tech membership, including such major companies as Google and Apple.
“KeyPoint Credit Union is here to serve our members , to take care of their financial needs and to be an integral part of the community,” Canfield said. “It is the extraordinary sense of service to the membership and community that drew me to KeyPoint.”
Kramer announced last summer that he would be retiring in March after 26 years at the helm of KeyPoint. The credit union was chartered in 1979 and Canfield is now its third CEO.