First Commonwealth names new chief lending officer

First Commonwealth Federal Credit Union of Trexlertown has announced the appointment of Terry Grier as chief lending officer. 

As a member of the credit union’s executive leadership team, Grier will provide the strategic direction and leadership of consumer lending, business solutions, loan operations and debt resolution. 

Grier joined the First Commonwealth family in October, working very closely with outgoing chief lending officer Kevin Brown.  

Grier has been instrumental in leading enterprise initiatives, process improvements, optimization and enhancing First Commonwealth’s portfolio of lending products and services. He has focused on building comprehensive business solutions and positioning First Commonwealth as a trusted financial partner for small businesses throughout the Greater Lehigh Valley.  

“Terry brings vast skills and expertise to this role, given his impressive background, leadership experience, financial expertise and proven success in commercial and business lending,” said Donna LoStocco, president and CEO of First Commonwealth. “He has demonstrated his ability to lead a growing financial services organization as chief lending officer as we finished 2021 with very strong results – including a milestone of achieving $1 billion in assets – and will be instrumental in driving our strategy of making our lending functions more dynamic and growing our specialty small and mid-size business solutions.” 

Grier brings more than 25 years of leadership and 18 years within the financial services industry to First Commonwealth. He holds a BA and MBA with a concentration in Executive Management from Baldwin-Wallace University in Ohio.