GFA Federal Credit Union

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  • Nov 20, 2020

GFA Federal Credit Union Announces Retirement of President &Chief Executive Officer

GFA Federal Credit Union’s President and CEO, Tina M. Sbrega, has announced her plans to retire as the President & CEO in Spring 2021.

Ms. Sbrega will continue to serve in a leadership role as Chair of the wholly owned subsidiary of GFA, Lighthouse Biz Solutions, LLC., advancing their program development and working with their clients.

The Board of Directors of GFA Federal Credit Union has hired D. Hilton Associates to conduct a nationwide search to find its next President and CEO.

“The Board would like to thank Tina for the significant contribution she has made to GFA Federal Credit Union over the past 40 years. Her leadership and vision have helped the credit union achieve so many extraordinary things and her passion to help others has had such a positive impact on the lives of the members, the employees, the Board, and our community,” said Jerry Bankowski, Chief Governance Officer of the Board of Directors. “We wish Tina all the best for her retirement and success in all her future endeavors.”

Sbrega has worked in the financial industry for more than 45 years and with GFA Federal Credit Union since 1980. She was promoted from her position as the President & Chief Operating Officer into the role of President and Chief Executive Officer in 2009. Under her leadership, GFA Federal Credit Union has increased it’s branch locations and more than doubled its asset size to $600 million. As CEO, GFA Federal Credit Union became the first credit union in the nation to purchase a stock owned bank in 2012. More recently, GFA was the first financial institution in MA to provide banking services to the legal, licensed recreation and medicinal cannabis industry. In 2020, Sbrega was nominated by her team at GFA for the CCUA’s 2020 Award of Excellence and was inducted into CCUA’s Hall of Fame. Tina has received numerous awards over the years for her innovation and community engagement Tina has a Bachelor of Business Administration from Roger Williams University in Rhode Island.

“I have had such a tremendously rewarding career; it has been such a fulfilling experience to have had the privilege of serving as the leader of such a quality and forward thinking organization. I have been so fortunate to have had the support, trust and confidence of the Board over the past 12 years to lead the credit union to what it has become, and I am so very grateful for the support of the management, our Better Banking team, and community,” said Sbrega.

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