Harborstone Credit Union welcomes Tim Hoefel

LAKEWOOD, WA (June 20, 2023) — Harborstone Credit Union ($1.9B, Lakewood, WA) announces Tim Hoefel will serve as its new Senior Vice President & Chief Banking Officer, overseeing the credit union’s Retail Banking Division and Contact Center.  He was placed by DDJ Myers, the well-known leadership development firm that is now an ALM First Company.

“DDJ Myers has made the interviewing and hiring process at Harborstone Credit Union an efficient and seamless process. Alexa and DeeDee were incredible partners who were communicative and supportive throughout. I’m very grateful for the care and attention I received from DDJ Myers as I explored this new career opportunity,” says Hoefel.
Tim began his career in financial institutions over 20 years ago. He has worked as a Branch Manager, District Manager, Area Manager, Retail Regional Director, and most recently served as Senior Vice President and Commercial & Business Banking Director at Umpqua Bank.
“Tim’s record of success here in the Pacific Northwest is plain to see and he will be a huge asset to the Executive Team here at Harborstone,” says Geoff Bullock, President & CEO.
Tim holds a Bachelor of Arts Degree in Business Administration from Western Washington University, where he graduated Magna Cum Laude. He also attended the Pacific Coast Banking School at the University of Washington.
“Harborstone Credit Union is an incredible organization with amazing team members and a relentless commitment to its members and its communities,” said Hoefel. “I am very fortunate to join the leadership team and look forward to advancing the mission of our great company.”
Tim is an active member of his community and uses his financial experience to support youth programs in the area. He is a board member for Junior Achievement of Washington and is the current Vice President for Communities in Schools of Kent.
Tim remains a lifelong Washington State resident and resides with his family in Kent, WA.

Tim Hoefel

About Harborstone Credit Union

Since 1955, Harborstone Credit Union has served Washington communities as a member-owned, not-for-profit financial organization, with a history of serving those who serve, and built on the principle of people helping people. At the heart of the credit union are knowledgeable and passionate team members who guide and empower consumer members and business members to make good financial decisions, promoting financial well-being and prosperity. Today, Harborstone has branch locations in King, Pierce, and Thurston Counties. Expanding financial empowerment for its members is a perennial priority for Harborstone. As a banking advocate for its members, Harborstone’s mission is to build trusted and meaningful relationships with members—and to show up, as a fabric of the community, to help those communities THRIVE. Harborstone is also committed to working toward a more fair and equitable society, one relationship at a time. Harborstone has $1.8 billion in assets and more than 85,000 members.

About DDJ Myers, An ALM First Company

DDJ Myers specializes in leadership success through executive recruitment, strategic organization, and board development for financial institutions. In addition, they offer a broad range of online assessments to help companies optimize their greatest assets – their people. DDJ Myers joined forces with ALM First, a strategic partner that offers depositories an array of financial advisory services, in 2022 to provide expanded educational opportunities and solutions to help clients optimize both people and financial performance. Learn more at or visit our parent company


Sharon Simpson
(240) 620-4095

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