Recognized leader to accelerate First Tech's
enterprise risk management function for continued growth and
exceptional member experiences
SAN
JOSE, Calif. and HILLSBORO, Ore. , Nov. 1, 2023
/PRNewswire/ -- First Tech Federal Credit Union, the nation's
ninth-largest credit union, announced the appointment of
Jeff Prelle to Chief Risk Officer
(CRO), a new role where he will oversee enterprise risk management
and lead measuring and reporting risk management for the credit
union. Prelle will report directly to the First Tech Board of
Directors and President and CEO Greg
Mitchell.
Prelle joins First Tech with over 20 years of leadership
experience mitigating organizational risk, managing data governance
and privacy functions, and establishing sustainable enterprise
operations for several financial institutions, private equity
companies, and risk management firms, including Moody's Analytics.
Most recently, Prelle served as the EVP of Enterprise Risk at
Cadence Bank (NYSE: CADE), where he oversaw enterprise risk,
operational risk, model risk, and third-party risk, as well as
environmental, social, and governance operations.
As CRO, Prelle is charged with leading key parts of First Tech's
credit risk management function, cyber and IT risk management
divisions, and second line of defense operations. Specifically, he
will utilize his expertise in navigating regulatory and accounting
compliance to serve as the primary executive responsible for
assessing and addressing risk management, supporting enterprise
growth and service to its members and employees.
"We are excited to welcome Jeff to the First Tech community,"
said First Tech President and CEO Greg
Mitchell. "Jeff's guidance and expertise in enterprise risk
management will be instrumental in advancing the safety and
security of our members and employees, ensuring First Tech's
long-term relevancy and viability."
"I'm honored to join First Tech and be another driving force for
the organization's member-first philosophy. With ever-evolving
market conditions, we must continue prioritizing the credit union's
safety and soundness, and I look forward to implementing effective
risk management practices that drive continued growth and an
exceptional member experience," said Prelle.
ABOUT FIRST TECH FEDERAL CREDIT UNION
First Tech Federal Credit Union is the banking partner for tech
innovators. As the largest national credit union founded by and for
the people of tech, First Tech understands the unique financial
needs of their community and tailors services and solutions for
them, including in-person banking, online and mobile banking,
mortgages, loans, an investment division and more. Because First
Tech is member-owned, it puts people over profits, with competitive
rates and lower fees that provide members with the roadmap they
need for future financial success. Founded more than 70 years ago,
First Tech has over $17 billion in
assets and serves employees of cutting-edge companies like
Microsoft, Intel, Cisco, Amazon, Nike and Google through its dozens
of branch locations and more than 5,600 Co-Op Shared Branch
locations across the U.S. First Tech is federally insured by the
NCUA and is an Equal Housing Lender. For more information, visit
www.firsttechfed.com.
CONTACT
Carey Kerns
The Hoffman Agency
503-754-7975
firsttech@hoffman.com
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SOURCE First Tech Federal Credit Union
