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Teachers Federal Credit Union

Ben Alessi

Teachers Federal Credit Union has announced the promotion of Ben Alessi to the role of Chief Financial Officer (CFO). Alessi has over 24 years of experience in the financial services industry, 18 of which have been dedicated to Teachers.

In his new role, Alessi will oversee the financial strategy that fuels Teachers Federal Credit Union’s vision and mission, while working closely with the executive team to drive growth and member value. Alessi’s deep commitment to the organization’s values and his hands-on experience make him a trusted leader as Teachers continues its expansion and transformation journey.

“Ben has been an invaluable member of the Teachers team for nearly two decades, consistently demonstrating his dedication to our members, teammates, and our mission,” said Brad Calhoun, President and CEO of Teachers Federal Credit Union. “His expertise, vision, and commitment to the credit union movement align perfectly with our goals. As we continue to grow, Ben’s leadership will play a key role in guiding us toward an even brighter future.”

Alessi’s journey at Teachers Federal Credit Union began in the Internal Audit team. Most recently, as Senior Vice President of Accounting & Finance, he led pivotal financial initiatives, including modernizing budgeting practices and strengthening financial forecasting capabilities. A Certified Public Accountant, Alessi holds a Bachelor’s degree in Accounting from Binghamton University and an MBA in Management & Leadership from Dowling College.

“It’s an honor to take on this role at such an exciting time in our organization’s transformation journey,” said Alessi. “I am deeply committed to supporting our mission of helping members achieve their financial goals and empowering them with the tools, resources, and guidance they need to build a brighter financial future.”

Ben Alessi’s promotion reinforces Teachers Federal Credit Union’s dedication to building an exceptional leadership team to support its members and communities. For more information about Teachers Federal Credit Union and its services, please visit www.teachersfcu.org.

ABOUT TEACHERS FEDERAL CREDIT UNION

Teachers Federal Credit Union (Teachers) is one of the country’s largest credit unions, with more than $9.8 billion in assets and over 460,000 members across all 50 states. Founded in New York in 1952, Teachers is a full-service, not-for-profit financial institution with an open charter offering membership to anyone in the U.S. through its 30 full-service branches and best-in-class digital solutions. Teachers is a key supporter of the communities it serves and is proud to offer a range of member-focused products with competitive rates and low fees. What started as a smart solution for teachers is now smart for all. For more information, visit www.teachersfcu.org.

Teachers Federal Credit Union, has announced the upcoming opening of its newest branch in The Shops at SunVet in Holbrook. Set to open in 2025 as part of the highly anticipated redevelopment of the existing SunVet Mall shopping center, this will be the newest branch Teachers Federal Credit Union will open since expanding its branch presence to Florida last year.

The SunVet Mall, once a landmark in the Holbrook community, is being transformed into a vibrant 168,000-square-foot open-air shopping center, The Shops at SunVet. This major revitalization project will feature an array of retail and dining options anchored by a new Whole Foods Market. The modernized center aims to provide a dynamic and enjoyable shopping experience for the local community and visitors alike.

“We are thrilled to expand our presence on Long Island and be a part of this exciting new development aimed at revitalizing the Holbrook area,” said Brad Calhoun, President and CEO of Teachers Federal Credit Union. “Selecting The Shops at SunVet for our next branch location underscores our commitment to strategic growth and providing our members with increased convenience and flexibility as they partner with Teachers Federal Credit Union on their financialjourneys.”

The new Teachers branch will feature a welcoming and innovative design and provide a full suite of financial services, including personal and business banking, mortgages, auto loans, and financial planning. Members will continue to benefit from the credit union’s commitment to exceptional service, competitive rates, as well as tools and resources needed to make informed financial decisions.  

“Opening our next branch at The Shops at SunVet aligns with our commitment to enhancing the financial well-being of our members and supporting the communities we serve,” added Calhoun. “We are excited to continue to share the value of a Teachers Federal Credit Union membership with more people in New York and across the country.” 

ABOUT TEACHERS FEDERAL CREDIT UNION

Teachers Federal Credit Union (Teachers) is one of the country’s largest credit unions, with more than $9.8 billion in assets and more than 460,000 members across all 50 states. Founded in New York in 1952, Teachers is a full-service, not-for-profit financial institution with an open charter offering membership to anyone in the U.S. through its 30 full-service branches and best-in-class digital solutions. Teachers is a key supporter of the communities it serves and is proud to offer a range of member-focused products with competitive rates and low fees. What started as a smart solution for teachers is now smart for all. For more information, visit www.teachersfcu.org.