Ticonderoga Federal Credit Union welcomes new Chief Financial Officer

TICONDEROGA, NY (February 21, 2014) — The Ticonderoga Federal Credit Union (TFCU) is pleased to announce the addition of Jon Savio to their team. Savio joined TFCU on February 12th as Chief Financial Officer; and in that role will oversee the accounting and finance functions for the institution.  Savio brings nearly fifteen years of experience in the financial services industry with considerable Asset Liability Management (ALM) and fixed income investment experience.

“I am thrilled that Jon has joined the executive leadership team in such a key role.  His education, experience, temperament and commitment to the credit union philosophy make him an ideal addition to TFCU.” said Shawn Hayes, TFCU President and CEO.  “I am confident that Jon will make significant contributions toward the continued success of TFCU as we carry out our mission is service to our members.”

Before joining TFCU, Jon Savio was a Managing Director/Portfolio Strategist at CNBS, LLC in Overland Park, KS.  While at CNBS, he worked as a consultant and investment advisor to credit unions throughout the country  providing balance sheet and investment advice as well as economic and market commentary and strategy on issues affecting credit unions.   Prior to CNBS, he worked at First St. Louis Securities, a regional broker dealer, as a fixed income portfolio accountant and analyst for community banks.   Savio’s career includes experience working as compliance officer, and as a teller and personal banker.

Savio received his Master of Business Administration and Bachelors of Science in Business Administration from Avila University in Kansas City.  He will be joined in Ticonderoga by his wife and two daughters.

About Ticonderoga Federal Credit Union: The TFCU is a not-for-profit financial institution focused on serving their members’ financial needs and supporting the community. Originally chartered in 1954 as the International Paper Ticonderoga Mill’s employee credit union, the TFCU currently offers membership to persons who live, work, worship, or attend school in, or businesses or legal entities located in Essex County, Washington County or the Towns of Hague, Horicon and Chester. For more information on becoming a member, please visit or call (518) 585-6725.

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