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Community First Credit Union Appoints Executives to Board, Audit Committee

By: John Hirabayashi

Posted on 6/23/2016 4:04:00 PM

JACKSONVILLE, Fla., June 23, 2016 – Community First Credit Union, one of the largest credit unions in Florida based in Jacksonville, announces it has appointed two local executive leaders to its volunteer board of directors and its audit committee. Malinda “Lindy” Prudencio has been named to the board and Alan Lovett has been named to the audit committee.

Prudencio will serve a three-year term on the board of nine local members. She is currently the vice president of risk control and chief risk officer for The Energy Authority in Jacksonville. In her role on the Community First Board of Directors she is tasked with oversight, direction and visioning for the credit union as well as ensuring its fiscal and regulatory responsibilities and health. She has more than 16 years of risk management and financial management experience including her time with The Energy Authority as well as The Vestcor Companies in Jacksonville. Prudencio earned her MBA at the University of North Florida Coggin College of Business and a bachelor of science in business administration from at the University of Florida.

Lovett will serve a three-year term on the volunteer audit committee. He will be its fifth member. Lovett serves as the VP of internal audit for Advanced Disposal based in Ponte Vedra. He is a licensed CPA and has nearly 25 years of internal and external audit experiences in various industries. The audit committee at Community First is charged with assisting the board of directors in oversight of the integrity of the company’s financial statements, compliance with legal and regulatory requirements, independent auditing and overseeing the institution’s internal audit function and independent auditors.

Prior to Advanced Disposal Lovett held management and executive positions at Interline Brands, Inc., Wells Real Estate Funds of Atlanta, KPMG in Orlando and Atlanta, as well as the Lockheed Martin Corporation, The Walt Disney Company, Arthur Andersen & Co. and Ernst & Young. He earned an MBA at Webster University and a bachelor of accountancy and finance at Spring Hill College (Alabama).

“We are proud that Community First continues to attract our area’s top executives to serve in these vital volunteer positions,” said Community First CEO and President John Hirabayashi. “It is important to us to have not only independent insight and observations but guidance as we continue to grow in both financial strength and physical footprint. Lindy and Alan are great additions to our team that works to protect all our members and strengthen their credit union.”

Both appointments have been confirmed by the current Community First Credit Union Board and Prudencio and Lovett will serve effective immediately. Both positions were replacements for members whose
terms had expired.

Community First Credit Union of Florida is a state-chartered credit union based in Jacksonville serving anyone who lives or works on the First Coast. Community First is one of the 10 largest credit unions in the state, serving more than 116,000 members and with assets of $1.4 billion. Community First has 18 locations and 300 employees. A not-for-profit, Community First is a full-service financial institution offering banking, loans, mortgages and investments for consumers and businesses throughout the First Coast.