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Industry Veteran Joins Firstmark CU as CFO
Wednesday, July 27, 2016 6:50 AM

Mike Grundon

Additions to the Executive Team Signal Exciting Plans for Future

With an eye on strategic growth in the near future, Firstmark Credit Union in San Antonio announced that it has hired industry veteran Mike Grundon to serve as its chief financial officer. With 30 years experience in financial services, Grundon has expertise in investment management, asset and liability management, and growth strategies.

"Mike is a seasoned financial executive with a strong background in asset liability management and financial operations,” said Nathanael Tarwasokono, president and CEO of Firstmark Credit Union. “Not only are his credentials and expertise in financial strategy invaluable, but his commitment to the credit union philosophy of people helping people matches Firstmark’s.”

Grundon has spent more than 20 years in the credit union industry, most recently as the vice president of investments with Mission Federal Credit Union, a nearly $3 billion financial cooperative in San Diego, Calif. In that role, he oversaw the management of a $1 billion investment portfolio and other related capital market transactions. Prior to that, he was responsible for the finance, treasury, and secondary market areas for Arizona State Credit Union. He also has experience in the consumer, mortgage, and business lending sectors.

During his career, Grundon has been active with multiple industry organizations including the Credit Union National Association and the Credit Union Executives Society and has been a speaker on topics such as asset/liability management, profitability, and data mining. Over the years, he has volunteered time to worthy causes such as the Children’s Hospital in San Diego, the Make-a-Wish Foundation, and Junior Achievement. 

Additionally, Tarwasokono announced that Wendy Bryant-Beswick has been named the credit union’s chief retail officer. Bryant-Beswick will be responsible for transforming the organization’s brand and retail experience for its members. She will oversee all aspects of Retail Services and Marketing, which include 17 financial centers, the member contact center, community partnerships, legislative affairs, and communications.

“Wendy is a bold, decisive leader who will play an important role in guiding Firstmark’s retail experience and marketing brand,” said Tarwasokono. “Her vision and experience will ensure we exceed the ever-evolving expectations of our members.”

Bryant-Beswick joined Firstmark in early 2016 as the chief marketing officer. Prior to her role at the credit union, she held leadership positions with iShares/Blackrock, Generations Federal Credit Union, BCCI Construction, and Schwab Institutional.

About Firstmark Credit Union
Firstmark Credit Union is committed to giving back to our community and making a difference in the lives of others. Founded in 1932 by educators, Firstmark is San Antonio’s oldest state-chartered credit union, managing more than $1 billion in assets and serving members throughout Bexar County and many surrounding counties in southwest Texas with 16 locations. Firstmark is a not-for-profit, member-owned financial institution, dedicated to meeting the needs of our members with innovative products, competitive rates and personal service. For more information, please visit firstmarkcu.org.