Affinity Federal Credit Union appoints Kevin Brauer as its new CEO
BASKING RIDGE, NJ–(BUSINESS WIRE)–Affinity Federal Credit Union (Affinity), a full-service, federally insured financial institution, has named Kevin Brauer as Chief Executive Officer (CEO)/President. Brauer is Affinity’s current Chief Financial Officer and will succeed current CEO/Chairman, John Fenton. Fenton was CEO of Affinity for more than 27 years and led the growth of the organization as the largest credit union based in the state of New Jersey.1
“Kevin is a long-standing, highly respected and valued member of Affinity’s leadership team,” said Richard Meene, Chairman of Affinity’s Board of Directors. “He is committed to Affinity’s mission to support the financial well-being of its members and has been instrumental in developing the philosophy, services and impact that will continue to fuel our organization, as well as better support the communities we serve. We are confident in his vision for the future of Affinity and are delighted to appoint him to this role.
Affinity seeks to improve the financial well-being of its members and the communities it serves. Fenton has provided the vision and execution of this philosophy, striving to position Affinity as an industry leader and trusted partner for its members and community. Affinity supports this mission through its range of products and services for the individuals and businesses it serves, including various loan options, credit counseling and debt support, competitive credit card offers , investment and insurance solutions.
Brauer has over three decades of experience in the financial services industry and over seven years with Affinity. He has played a significant role in leading Affinity’s value proposition to its members and in designing Affinity’s financial wellness initiatives. At Affinity, Brauer led the Administration, Human Resources, Finance, Payments Solutions, Data, Digital Technology, Personal and Commercial Lending, Enterprise Risk Management and Operational Risk groups. Prior to joining Affinity, he held leadership roles at VSoft Corporation, Alloya Corporate Federal Credit Union, and Empire Corporate Federal Credit Union, as well as public accounting roles for a Fortune 500 company.
Brauer commented, “I am honored to lead Affinity into the next phase of its history, building on the foundation John has laid to promote the financial well-being of our members and our communities. Our goal is to improve the overall financial well-being of our members and it is exciting to partner with our team members across the organization to achieve this in a new capacity. »
Brauer will assume the role of CEO/Chairman effective January 1, 2023. He will report to the Board of Directors and assume leadership of Affinity’s 500-person team at its headquarters in Basking Ridge, New Jersey, and in its more than 20 branches. Fenton will remain in a transition role for a few months; he will also retain responsibilities within the Affinity Foundation.
Brauer is a Chartered Public Accountant who holds an MBA from Marist College and a Bachelor of Business Administration from Niagara University.
About Affinity Federal Credit Union
Affinity Federal Credit Union is a full-service, member-owned, community-driven financial institution whose mission is to support your financial well-being. With over 20 branches in the tri-state area, Affinity is the largest credit union headquartered in the state of New Jersey, proudly ranking in the top 2% of all credit unions by size of assets.1 The Affinity difference is that people help others on a deeper level and understand what YOU need to make your unique dreams come true. For more information, please visit www.affinityfcu.com.