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Community First Welcomes New Chief Financial Officer

SVP/Chief Financial Officer Steven Velasquez

Hagåtña, Guam-

Community First Guam Federal Credit Union announced today the newest member of the Senior Management Team, Steven Velasquez. Velasquez has been appointed as Senior Vice President and Chief Financial Officer of Community First.


Velasquez joined Community First from Los Angeles in April 2024 as a Temporary Consultant for the Accounting Department. Velasquez brings over 20 years of accounting, consultation, and auditing experience in the Credit Union Industry. 


“I’m incredibly humbled by this announcement; touched and honored to be your next SVP-CFO at Community First Guam FCU, which comes with huge responsibilities, but I don’t shy away from the challenge,” said Velasquez.

“None of this would be possible without the support of a dynamic CEO, Mr. Cruz, the entire management team, Board of Directors, Supervisory Committee, and the entire staff that I’m fortunate to be surrounded by. In closing, thank you all for believing in me and I will not disappoint. So much promise and resolve will come our way through hard work, dedication, and passion, together as one!” Velasquez added. 


Gerard Cruz, President and CEO of Community First, added, “In addition to his extensive knowledge of accounting and accounting principles, Steven has strong philosophies centered around collaboration, communication, and cooperation throughout an organization, with the goal of optimizing efficiencies to strengthen service for members. Community First is excited to welcome him to the team.”



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