First Commonwealth Federal Credit Union appoints CEO

The First Commonweath Federal Credit Union board of directors announced Thursday that Donna LoStocco has been appointed CEO and president, effective July 1.LoStocco has succeeded Jo Ann Broderick, who is retiring after 17 years with the credit union.

“We would like to offer our sincere thanks to Jo Ann for her leadership at FCFCU.  During Jo Ann’s tenure, FCFCU has grown to over $600 million in assets with over 55,000 members. We wish Jo Ann the best in her retirement,” Vince Gorman, chairman, board of directors, said in a prepared statement.

“I feel honored to have been chosen to become president and CEO of such a large, well-respected organization as First Commonwealth Federal Credit Union.  I am excited to join the team, to meet First Commonwealth members and community stakeholders, and to work closely with the board to help further the First Commonwealth mission to improve members’ financial well-being,” LoStocco said in a prepared statement.

Prior to First Commonwealth, LoStocco was at the Affinity Federal Credit union for the past 18 years. Prior to Affinity, she worked for a commercial bank.