Education First FCU announces selection of chief financial officer

Education First Federal Credit Union in Beaumont, Texas, announced the appointment of Bruce Clark as its chief financial officer.

Clark comes to Education First from Randolph-Brooks Federal Credit Union in Live Oak, Texas, where he served as vice president of finance. In this role, Clark managed a $3.2 billion portfolio consisting of fixed-rate agency CMOs, fixed-rate MBS, adjustable-rate MBS, and municipal securities. He also presented the interest rate risk and economic analysis to the Asset/Liability Committee, oversaw the fund transfer and asset pricing process, and supervised a team of four.

“Bruce will be a tremendous asset to our executive team and our members alike,” said Kevin Conn, president and CEO of Education First FCU. “I know that his 25 years of experience in the financial services industry will guide us expertly as we continue to grow as a pillar in the financial landscape of Southeast Texas.”

Clark explained that he is looking forward to using his education and experience to augment performance and create member value for the member-owners of Education First. “Our members are the reason we exist, and we want to provide them the best tools available to improve their financial well-being, he said.”

According to Conn, “Clark has a passion for streamlining teams, capitalizing on cash management opportunities, and providing expert financial analysis that will help Education First continue to maintain a sound financial institution while providing services to their six-county field of membership.”

Clark earned a Bachelor of Business Administration in finance from Texas A&M. He also earned the Chartered Financial Analyst (CFA) designation from the CFA Institute and is a member of the San Antonio Society of Chartered Financial Analysts.

About Education First Federal Credit Union
Education First Federal Credit Union is a community credit union serving more than 36,000 members and with assets exceeding $460 million. With seven convenient locations throughout Southeast Texas, its field of membership includes Jefferson, Jasper, Hardin, Newton, Orange, and Tyler counties, in addition to East Chambers ISD and High Island ISD. Membership is open to anyone who lives, works, or worships in its field of membership.