SFEFCU Appoints Mike DiBenedetto as Their New CEO

The Board of Directors of South Florida Educational Federal Credit Union has announced the selection of Mike DiBenedetto to succeed William Page as President & CEO of the $800 million Miami-based credit union.  Mr. Page, who has served the credit union for more than 38 years – 30 years as its CFO and 8 years as President & CEO – will be retiring in late January 2013, when DiBenedetto officially assumes his duties.

DiBenedetto has held both regulatory and professional positions in the credit union industry over a period of approximately 26 years.  Currently he serves as Executive Vice President of Administration at FirstLight Federal Credit Union in El Paso, Texas.  Before that he held the position of Executive Vice President at Dade County Federal Credit Union.  DiBenedetto has a CPA license, an MBA from the University of Alabama at Birmingham and, prior to his executive experience, served as an NCUA examiner for 9 years.

“Mike has a wonderful reputation and excellent qualifications.  Our Board believes that his combined experience as an executive and former regulator will both protect and advance our historical mission to bring great financial value to our members while fostering positive relationships among all of our stakeholders,” said Patricia Parham, the credit union’s Board Chair.