First Commerce Credit Union names Chief Financial Officer
Vice President of Risk Management Angela Terhune earns promotion, joins FCCU’s Executive Team building on19 years of leadership experience
TALLAHASSEE, FL (September 14, 2022) — First Commerce Credit Union recently promoted Vice President of Risk Management Angela Terhune to Senior Vice President/Chief Financial Officer. For more than 19 years, Terhune has been a key contributor to the strategic growth and direction of the credit union. In the first 15 years, she held positions in FCCU’s Accounting Department,
starting as an Accountant, then a Financial Analyst and ultimately rising to Assistant Controller. In 2018, she was promoted to serve as the first Director of the credit union’s newly created Risk Management Department. In 2021, she was promoted again to VP of Risk Management.
Under Terhune’s leadership, the Risk Management Department expanded to encompass many complex facets related to risk, including enterprise risk management, regulatory compliance, cyber security, fraud prevention, quality assurance, business resumption planning, legal, and insurance.
“Angela has consistently proven her ability to lead teams in accomplishing the credit union’s strategic initiatives,” said First Commerce CEO Cecilia Homison. “I am confident her leadership at the executive level will ensure the credit union’s continued financial success as we provide best-in-class services to our more than 70,000 members across North Florida and South Georgia.”
In her new role as SVP/CFO, Terhune will oversee accounting and finance operations to manage First Commerce’s nearly $1 billion in assets. She succeeds Greg Adams, who will focus on his role as Senior Executive Vice President, serving as First Commerce’s second ranking officer. Adams will work closely with CEO Cecilia Homison and the Board of Directors in overseeing and enhancing the credit union’s operations and financial performance. Adams has direct oversight of the Risk Management department he established, as well as Facilities Management. He is also responsible for monitoring progress on FCCU’s strategic plan and providing updates and analytics.
Terhune earned her degree in Finance from Florida State University. Additionally, she graduated with honors from the Southeast Regional Credit Union School (SRCUS), CUNA’s Financial Management Schools, where she received a Certificate of Excellence for High Standards of Excellence. She also earned the designation as a Credit Union Enterprise Risk Management Expert.
About First Commerce Credit Union
First Commerce Credit Union is an award-winning, full-service, #LocalStrong financial institution dedicated to empowering generations and transforming the communities it serves for over 80 years. First Commerce received the Credit Union National Association’s highly competitive 1st place Dora Maxwell Social Responsibility Community Service award back-to-back for its #LocalStrong COVID pandemic initiative in 2020 and the #FlamingoChallenge for breast cancer patients in 2021. The credit union serves more than 70,000 consumer and business members across North Florida and South Georgia and has more than $1 billion in assets. First Commerce offers best-in-class consumer and business products and services. The credit union also offers free financial literacy resources in person and online through the FCCU Foundation, as well as comprehensive financial planning and investment services through its subsidiary Six Pillars Financial Advisors, and commercial and personal insurance through First Commerce Insurance Agency. For details, visit FirstCommerceCU.org or call 850.488.0035 or 800.533.5772. Insured by NCUA. Equal housing opportunity lender.