Banking

Foothill FCU finds its new CEO at a California peer

Foothill Federal Credit Union in Arcadia, California, has named Michael Terzian as its new president and CEO.

He replaces President and CEO Brian Hall, who is set to retire this summer.

Terzian joins $647 million-asset Foothill FCU from Partners Federal Credit Union in Burbank, where he worked since 2010. He began his career there as vice president of marketing and ultimately became the credit union’s interim co-CEO.

“Making sure we had the right fit for our credit union was the number one priority while looking for a new CEO. We feel that Mike is a great fit for Foothill, and we are excited to begin working with him as our leader,” Scott Petterson, Foothill FCU’s chairman, said in a press release.

At Partners FCU, Terzian was responsible for the oversight of marketing and business development efforts, data analytics, branch networks, contact call centers, and wealth management. Terzian was also responsible for the coordination and leadership of nine senior leaders that have teams across three major cities in both Florida and California.

“Brian Hall has done a fantastic job and I am ready and willing to try and fill the big shoes he’s leaving behind,” Terzian said in the press release.

Hall has worked in the credit union industry for more than 30 years and has been CEO of Foothill since 1995.

Foothill FCU earned $1.8 million in the first quarter of 2021, roughly double the $901,000 the company earned a year earlier, according to call report data from the National Credit Union Administration.



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