EL PASO, TEXAS – El Paso Area Teachers Federal Credit Union (TFCU) is pleased to announce the selection of Max Villaronga as the credit union’s new President/Chief Executive Officer effective April 28, 2014.

“TFCU is excited to have Max take on the role of President/CEO,” said Art Alva, Chairman. “Max brings extensive operations and financial management experience to the credit union and we are excited to see what the future holds for our membership.”

Max has spent the last three years with Alamo Federal Credit Union in San Antonio, TX. He served as the President/CEO of the $43 million dollar credit union. Max was an instrumental part of Alamo Federal Credit Union’s successful strategy focused on regulatory compliance, fresh product introductions, innovative retail service delivery, and superior service which yielded strong improvements in lending, profitability, and membership growth. Prior to his position at Alamo Federal Credit Union, Max worked for several large organizations as a member of the senior team focusing on strategy, growth and execution of corporate goals that successfully propelled the business initiatives to greater heights.

“Max has many great ideas for continuing TFCU’s history of growth and exceptional member service. His unique vision and drive will be critical in finding new ways to serve our membership and meet their financial needs,” said Alva. “The Board is looking forward to seeing what the future holds for TFCU under Max’s leadership.”

When asked about his new position at TFCU, Max stated, “It is an honor to accept the role of President/Chief Executive Officer of TFCU. I am eager to begin my service to the credit union and its community.”

About El Paso Area Teachers Federal Credit Union
Founded in El Paso, Texas, El Paso Area Teachers Federal Credit Union (TFCU) currently has over $500 million in assets and over 50,000 members. Operated by the slogan “where people are worth more than money,” TFCU is a member-owned financial institution that provides financial products and services to its members. TFCU products include business services, convenience services, deposit accounts, loans, and youth accounts. An array of lending products offered include auto loans, signature loans, lines of credit, RV, motorcycle loans, real estate loans, and mechanic lien loans. TFCU’s website features online services such as online banking, mobile banking, bill pay, check reordering, live chat, and financial calculators. For more information please visit, www.tfcu.coop.