President and CEO
First Commonwealth Credit Union
Coming from an extensive business and banking background, Donna LoStocco has served First Commonwealth Credit Union as president and CEO for six years.
She said the most challenging part of her job is “how to make the biggest positive impact possible (in the greater Lehigh Valley) with finite time and resources, choosing between many worthy initiatives.”
What’s most rewarding? “I absolutely love the smart, driven and humble people I work with; I love investing in our leaders and watching them get closer to their potential. (I) also love changing our members’ financial lives via simple financial education and watching each make a big financial goal a reality.”
LoStocco cited David Snodgrass, now CEO of LakeTrust Credit Union in Brighton, Michigan, as a mentor. “David encouraged me to finish my undergraduate degree (despite having a full-time job and elderly parents, an … ill sister and two children all living with us) and to start and finish my MBA – he made me believe in myself enough to do it! He also taught me the value of listening, and that what I will become in five years is dependent on what I read and the people I meet.”
This profile is part of Lehigh Valley Business' Banking & Finance Power 30 list for 2021. Information used in this profile was sourced from the honoree. See the full list at lvb.com or in our digital edition.