Community First Credit Union’s Chief Executive Officer, Todd Sheffield, has announced his plans to retire mid-year 2021. The Board of Directors of Community First Credit Union has hired D. Hilton Associates to conduct a nationwide search to find its next President and CEO.
“The Board would like take this opportunity to thank Todd for his 19 years of service with Community First Credit Union. Todd’s leadership, knowledge, and commitment have helped make Community First Credit Union what it is today. We are grateful for Todd’s commitment to serving our membership during his time at Community First Credit Union,” said John Burke, Chairperson of the Board of Directors. “We wish Todd all the best for his retirement and success in all his future endeavors.”
Sheffield has worked in the credit union industry since 1985. He joined Community First Credit Union in 2001 as the Chief Financial Officer and was promoted to Chief Executive Officer in 2003. Under Todd’s leadership, the credit union went from $53 million assets with 8,900 members to almost $630 million in assets and over 59,000 members. Prior to joining Community First, Sheffield worked as the CEO for Sonoma Federal Credit Union for seven years. Before that, he worked as the CFO for Redwood Credit Union and was the Controller at Cooperative Center Federal Credit Union. Sheffield graduated with a bachelor’s degree from Westmont College and Master of Business Administration from California State University, Hayward.
“I have had an immensely gratifying and fulfilling career and have spent 19 rewarding years with Community First Credit Union. I am grateful for the support shown to me by the Board, managers, staff, and community during my time as CEO. I have great confidence that Community First Credit Union will continue to serve the needs of its members, staying true to the credit union’s vision and founding principles,” said Sheffield.