Ewing, NJ –Credit Union of New Jersey has selected Timothy Grossman to serve as its new Senior Vice President/Chief Financial Officer (CFO). He was placed by DDJ Myers, the well-known executive search and leadership development firm.
“We’re thrilled to welcome Timothy to the senior leadership team,” says Andrew Jaeger, CEO, Credit Union of New Jersey. “His experience driving strategic financial operations for credit unions and expertise in regulatory frameworks coupled with his collaborative approach make Timothy a strong fit. We’re confident that he will help Credit Union of New Jersey achieve its strategic goals and help more people improve their financial lives.”
Grossman brings nearly a decade of industry experience to his new role. Most recently, he served as Vice President of Finance & Accounting for Belco Community Credit Union in Harrisburg, Pennsylvania. Throughout his career, Grossman has also served in various roles for both Belco Community Credit Union and Norristown Bell Credit Union (3Hill Credit Union).
“It is truly an honor to join the Credit Union of New Jersey team,” says Grossman. “For more than 80 years, this cooperative has been giving its members the freedom to prosper. The credit union has an incredible team and I am looking forward to bringing my skills and expertise to complement their strengths. Alongside them, we will continue to help deliver that same freedom to even more consumers while ensuring the credit union remains financially strong and accessible for future generations.”
Grossman earned his Master of Business Administration and Bachelor of Arts in History, along with a certificate in Entrepreneurship, from West Chester University of Pennsylvania. He also previously served as a volunteer firefighter for Plymouth Fire Co.
“Working with the DDJ Myers team was a fantastic experience,” says Grossman. “Their proactive communication and the time spent facilitating an in-depth evaluation process was top-notch and allowed both parties to feel confident in choosing the best path forward.”
About Credit Union of New Jersey
Credit Union of New Jersey provides financial services to over 38,000 members through four full-service offices located in Mercer County and an e-branch at CUNJ.org. Established in 1943, the $479 million credit union is headquartered in Ewing Township. Membership information and current rates may be obtained by calling 609-538-4061 or visiting CUNJ.org.
About DDJ Myers, an ALM First Company
For more than 30 years, DDJ Myers has served as a trusted advisor to high-performing organizations, guiding them through complex challenges such as leadership alignment, cultural transformation, and governance excellence. Recognized as industry thought leaders in change management and leadership development, the team is committed to cultivating the next generation of visionary leaders.
DDJ Myers joined forces with ALM First, a strategic partner that offers depositories an array of financial advisory services, in 2022 to provide expanded educational opportunities and solutions to help clients optimize both people and financial performance. Learn more at www.ddjmyers.com or visit our parent company www.almfirst.com.
