The $752 million KeyPoint Credit Union in Santa Clara, Calif.,has named Brad Canfield as its new president/CEO, succeeding therecently retired Tim Kramer.

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Canfield had been president of 1st Security Bank inthe Seattle area. He joined the bank as its chief financial officerin 2008 after 20 years with BECU, most recently as CFO there.

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“His extensive experience and financial management in ourindustry will add to the strong foundation already in place atKeyPoint Credit Union,” said Keith Stattenfield, board chairman atthe 40,000-member Silicon Valley credit union.

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KeyPoint serves a heavily high-tech membership, including suchmajor companies as Google and Apple.

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“KeyPoint Credit Union is here to serve our members , to takecare of their financial needs and to be an integral part of thecommunity,” Canfield said. “It is the extraordinary sense ofservice to the membership and community that drew me toKeyPoint.”

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Kramer announced lastsummer that he would be retiring in March after 26 years at thehelm of KeyPoint. The credit union was chartered in 1979 andCanfield is now its third CEO.

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