Community Financial Credit Union elects new chair of Board of Directors, establishing an all-female team at the top level
Teri Kuehn joins president and CEO Tansley Stearns to form rare all-female credit union leadership team
PLYMOUTH, MI (September 21, 2023) — Community Financial Credit Union (CFCU), a non-profit financial institution headquartered in Plymouth, Mich., today announced Teri Kuehn has been appointed to Chair of the organization’s Board of Directors. Kuehn will lead alongside Tansley Stearns, who has served as president and CEO since 2022, establishing an all-female team at the top level, a rare occurrence in the credit union industry.
“Teri brings a wealth of experience, compassion, and expertise to her new role,” said Stearns. “With her at the helm, CFCU is poised to make an even greater impact, creating joy, and igniting Michiganders’ impossible dreams.”
Kuehn served 26 years as a Certified Public Accountant, working first for Deloitte and later Saint Joseph Mercy Health System. She also taught accounting at colleges in Michigan and Arizona for more than 15 years. During this time, Kuehn has been deeply involved in her community of Northville, founding a local Moms Club, coaching the high school equestrian team, and serving as a Local Coordinator for the city’s AARP tax aide site.
“I’m honored to take on a role where my professional experience and passion for community converge,” said Kuehn. “I identify with CFCU’s mission to give back to the community and am excited to dream boldly alongside Tansley as we continue to create joy in our members’ lives.”
Kuehn’s appointment to Board Chair is a significant one, as the combination of all-female leadership at the top levels, specifically in the credit union industry, is rare. Research shows that in the United States, 35 percent of credit union board seats are held by women1 and just 30 percent of the top 50 credit unions by asset are led by women2.
“The credit union industry has seen a shift in recent years toward more women in leadership roles,” said Stearns. “There is still a lot of progress to be made, but the industry is seeing the importance of different voices at the highest level. We’re really proud to be a leader in this area.”
For more information on CFCU, visit cfcu.org or follow on Instagram @communityfinancial, Twitter @cfcreditunion, and Facebook at facebook.com/communityfinancial.
About Community Financial Credit Union
The relationship with members is everything because Community Financial Credit Union is always looking out, standing beside members in every season of life. Community Financial is a full-service financial institution headquartered in Plymouth, Michigan since 1951 with 15 branches in Southeast and Northern Michigan and $1.6 billion in assets. Membership is open to any person or any business in the state of Michigan. Community Financial is deeply rooted in the communities it serves, offering programs and partnerships like student-run credit unions, an obstacle-free path to homeownership, and more. To learn more about Community Financial and why on earth there’s a bear on the logo, visit cfcu.org.
