Shawn Gilfedder is Kitsap Credit Union’s new president and CEO. (Kitsap Credit Union photo)

Shawn Gilfedder is Kitsap Credit Union’s new president and CEO. (Kitsap Credit Union photo)

Gilfedder named Kitsap Credit Union’s president/CEO

Former New Jersey banking veteran started Oct. 1.

PORT ORCHARD — Shawn Gilfedder has been named the new president and CEO of Bremerton-based Kitsap Credit Union by the organization’s board of directors. He began work on Oct. 1.

Gilfedder comes to the nonprofit organization after more than a decade as president and CEO of McGraw-Hill Federal Credit Union of East Windsor, New Jersey. Elliot Gregg will continue as president emeritus of KCU and will retire Jan. 15 after almost two decades at the helm of the $1.2 billion credit union.

During his time at the New Jersey banking institution, Gilfedder led the $420 million credit union through innovative campaigns that expanded its membership by more than 100 percent and increased assets by 150 percent, according to a KCU news release.

He is a board director for America’s Credit Union Museum. He was recognized as the Corporate Citizen of the Year from the National Junior Tennis and Learning Program of the United States Tennis Association for his fundraising efforts to revitalize Cadwalder Park’s tennis courts and after-school educational programming in Trenton, New Jersey.

Kitsap Credit Union serves more than 100,000 members from branch offices in Kitsap, Mason, Jefferson and Pierce counties.

More in Business

Rainy Daze is hosting a Pints for Purpose Event Nov. 28 raising money for Fishline's Christmas Child program.
Fundraiser Saturday for Christmas Child Program

Grab a pint and do some good at Rainy Daze Brewing in… Continue reading

.
Downtown businesses are bracing for a harrowing holiday season

COVID-19 fear, state-mandated restrictions will likely gouge holiday profits

.
Sylling’s Elderberry wins edg3 FUND’s Innovation Award

Campfire Coffee of Tacoma wins grand prize of $25,000

Port Orchard Cares: Grant program ready for small businesses hit by COVID-19
Port Orchard Cares: Grant program ready for small businesses hit by COVID-19

Twelve grants of up to $5,000 have been made available by city

Taste of PO photo contest over Labor Day weekend
Taste of PO photo contest over Labor Day weekend

Winners will receive gift certificates

Bremerton’s Art Anderson to support WSF hybrid design
Bremerton’s Art Anderson to support WSF hybrid design

Company to provide design components for up to five Olympic Class WSF ferries.

Search downtown this weekend — for painted rocks
Search downtown this weekend — for painted rocks

POBSA merchants will hold drawing for those who post selfies with their rock

Restauranteurs struggling to survive in a COVID-19 world
Restauranteurs struggling to survive in a COVID-19 world

The thin margins of small-business restaurants, crippled customer access, putting them on the brink

Port Orchard Chamber establishes COVID-19 resource page on its website
Port Orchard Chamber establishes COVID-19 resource page on its website

Links listed for national, state and county websites of benefit to business people

South Kitsap Properties opens new office in Port Orchard
South Kitsap Properties opens new office in Port Orchard

Real estate office is on Bethel Avenue

IRS tax filing season starts Jan. 27
IRS tax filing season starts Jan. 27

The deadline to file 2019 tax returns is Wednesday, April 15

Wave Broadband to increase costs of some TV services
Wave Broadband to increase costs of some TV services

Rate increases to take effect Feb. 1