SOMERVILLE, MA (January 24, 2024) — Naveo Credit Union is pleased to announce the appointment of Brenda Tam as their new Senior Vice President, Chief Financial Officer. Tam joins the Naveo executive team with over 15 years of experience in the financial services industry.
Tam joins Naveo after serving as Vice President, Treasury at Cambridge Savings Bank. Prior to that, Tam has ten years of treasury-focused expertise in the financial services industry, previously serving as Assistant Vice President, Treasury Officer and Senior Treasury Analyst. As a seasoned financial strategy executive, Tam brings extensive experience of financial leadership including balance sheet management, liquidity forecasting investment strategies and derivatives. In her new role as CFO, Tam will direct the overall financial plans of the Credit Union, including overseeing Naveo’s accounting, forecasting, risk and performance monitoring, budget and audit activities.
Tam holds a Bachelor’s degree in Business Administration from Suffolk University and is a graduate from the ABA Stonier Graduate School of Banking.
“We are thrilled to welcome Brenda to our Naveo team. Brenda fills a critical executive role and brings financial expertise to help position Naveo for ongoing financial success through effective financial management strategies. With commitment to our local communities, Brenda will work with our team to help further Naveo’s mission of ‘Saving Together to Lend to Each Other,’” commented Andrea J. White, President/CEO at Naveo Credit Union.
In her spare time, Tam enjoys traveling with her family and baking with her toddler son.
(www.naveo.org): A full service, not-for-profit credit union with branches in both Somerville and Cambridge, MA, which have been serving the community for over eighty-five years. Membership at Naveo is open to anyone who lives, works or attends school in Middlesex, Suffolk and parts of Essex counties. Naveo is a 170 million dollar credit union, serving nearly 10,000 members of diverse backgrounds.
Raquel Sa
VP of Marketing
617-702-5114
rsa@naveo.org
