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McDermott & Bull Recruits EVP, Chief Retail Banking Officer for Technology Credit Union

IRVINE, California, October 3, 2017McDermott & Bull, one of the largest executive search firms within the Hunt Scanlon Top 50 Recruiters list, as well as one of Forbes’ Best Executive Recruiting Firms, is pleased to announce the successful appointment of Robert Reed as EVP, Chief Retail Banking Officer with Technology Credit Union (Tech CU), a credit union serving more than 80,000 members throughout the San Francisco Bay Area.

This executive recruiting engagement was conducted by Brandon Biegenzahn, President of McDermott & Bull and Financial Institutions Practice Co-Chair, and Michelle Davis, Associate Principal Consultant at McDermott & Bull.  According to Biegenzahn, “Robert brings big bank institutionalism, as well as a commitment to community-centric banking.  He is a retail banking expert who has operated in myriad capacities throughout his career, giving him the holistic perspective Tech CU was seeking to head their retail strategy.”

Reed has amassed a nearly 30-year track record of success in consumer and business banking, marketing, and private banking with three institutions – Bank of America, Arrowhead Credit Union, and Simplicity Bank.  Most recently, he served as the Chief Retail Banking Officer for Simplicity Bank, where he oversaw all points of entry from a customer standpoint, including nine retail branches, a call center, ATM, and back-office operations.  Reed was part of the executive team at Simplicity which led the extremely successful sale to HomeStreet Bank.

Reed earned a Bachelor of Science, Organizational Management degree from the University of La Verne and is a certified Six Sigma Greenbelt.

About Technology Credit Union

Tech CU (www.techcu.com) is a $2 billion+ credit union serving more than 80,000 members throughout the San Francisco Bay Area — including employees of such companies as Tesla, eBay, Applied Materials, Nvidia and Facebook. A federally insured, not-for-profit organization, we put the financial interests of our members ahead of shareholder profit by helping members achieve their financial goals on their terms and by sharing the benefits of our growth. Founded in 1960 by a group of forward-thinking employees at Fairchild Semiconductor, today we continue to be an industry leader, providing innovative financial products for all stages of our members’ lives, including personal banking, wealth management, private banking, commercial lending and business banking. Tech CU consistently achieves high marks for its customer satisfaction and maintains a 5-star rating from Bauer Financial, the nation’s largest independent rating service for financial institutions. And, with mobile and online banking, 65,000+ surcharge-free ATMs worldwide (more than Chase, Bank of America and Wells Fargo combined) and convenient branch access to our financial experts, Tech CU makes 24/7 banking easy and empowering.

About McDermott & Bull

McDermott & Bull is an executive search firm that partners with leading companies to identify and recruit leaders for permanent and interim roles.  All of the practice leaders within the firm’s retained Executive Search business have deep executive experience and are uniquely positioned to address the dynamic leadership demands of public and private companies across nearly every industry.  McDermott & Bull’s Interim Leaders team is equipped to service the needs of its clients by placing senior-level executives into temporary roles during critical periods.  The firm’s Executive Network program provides valuable resources for and offers opportunities to build meaningful relationships with thousands of C-Suite and VP-level executives throughout the country.  The formation of McDermott & Bull Europe gives the firm access to international insights and expertise and makes McDermott & Bull a true global player.