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LOC Names New CEO

loc announces new ceo

The LOC Federal Credit Union Board of Directors is pleased to announce the hiring of Stephen P. Grech as the organization’s new President and CEO.

Grech brings nearly 35 years of banking experience to LOC.  He holds a Bachelor of Science degree in Business Administration from Wayne State University and has attended CEO Institute training sessions at several prestigious universities.

Prior to joining LOC Federal, Grech was the President and CEO of Monroe County Community Credit Union. He also served as senior executive with Credit Union ONE from 2002 to 2017 including twelve years as Executive Vice President. 

“We are excited to add a seasoned professional of Stephen’s caliber to the LOC team,” said LOC Board Chairman Michael Lasley.  “The credit union is positioned for growth and Steve brings the perfect background and scope of experience to lead us into the future.”

Stephen Grech and his wife Karen live in Brighton. They have six children. He will begin his role as LOC’s President and CEO on February 3, 2020.

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