Bruce Fafard (pictured) began his duties as the new president/CEO of the $494 million 121 Financial Credit Union on May 4, according to a prepared statement from the Jacksonville, Fla.-based cooperative.
He replaced Bill Braddock, who retired after serving 28 years as 121 Financial's president/CEO.
Braddock was credited with steering the institution through the Great Recession while increasing the number of branches and members. He also recently guided the credit union through its merger with Duval Federal Credit Union.
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