Press

GROTON, CT (July 20, 2015) — Scient Federal Credit Union (Scient) announced that its Board of Directors has named David Purcell as its new President & CEO.

“The Scient Board of Directors is thrilled to announce David Purcell as our next President & CEO, said Rick Teixeira, Board Chairman. “David brings a vast amount of experience and knowledge, serving in various industry roles throughout the years. The Board has all the faith and trust that David will build on the Scient brand and bring further success to the organization.”

“I’m indeed honored to be asked to serve as Scient’s next President & CEO,” Purcell said. “ Scient has long exemplified the credit union mission, operating as an association of people coming together for a common purpose – namely to improve the quality of our members’ lives by providing tailored products and services to turn their financial dreams into realities.” Purcell added, “I am so proud of the Scient team, they have worked extremely hard to move our unique brand forward in better serving our members’needs.”

Purcell has over 25 years of experience in the financial services industry, with half that in a senior management capacity, including most recently Chief Lending Officer and Chief Operating Officer at Scient. He has led various areas through his career, including Retail Banking and Lending, Marketing, Product Management, Electronic Delivery and Sales & Branch Operations. David is a graduate of Vanderbilt University with a BS in Business & Philosophy, and holds an MBA in Finance from the University of Colorado – Leeds School of Business.

About Scient Federal Credit Union

Scient Federal Credit Union was founded in 1968 in Groton, CT to serve the employees of Pfizer. In 1983 Scient was federally chartered to include spouses and immediate family members of Pfizer employees so they could also take advantage of credit union membership. Scient now welcomes new membership from Pfizer and beyond through an expanded membership charter which includes Select Employer Groups in the life science industry, as well as employees of the U.S. Postal Service in many areas of Connecticut. Today Scient serves dozens of organizations and over 17,000 members across the United States with a full suite of banking services tailored to the unique needs of individuals in their select employer groups. Scient, with over $230 million in assets, ranks among the Top 10 in credit unions headquartered in the state of Connecticut. Learn more about Scient at Scientfcu.org or by calling 877.860.6928