TFSL News & Events

In a regulatory filing, the company stated: "TFS Financial announced that Meredith S. Weil, a member of the Board of Directors and Chief Financial Officer, will retire from her employment and her position on the Board effective January 2027. The Company further reported that James E. LaRocca will join the Company as Vice President and as Finance and Accounting Officer of Third Federal on June 29, 2026. It is anticipated that he will succeed Ms. Weil as Chief Financial Officer of the Company upon her retirement. Mr. LaRocca most recently held the role of Executive Vice President and Chief Financial Officer at Westfield Bank in Westfield Center, Ohio. He joined Westfield in 2010 and has served in multiple leadership positions within the accounting and finance departments. Mr. LaRocca is a certified public accountant registered in the state of Ohio."

Third Federal is partnering with Clearstead Advisory Solutions to provide access to wealth management services, including investment management, retirement guidance, and financial planning, to its customers across the country. Introductions to Clearstead Advisory Solutions are now being offered to all Third Federal customers in the markets the company serves. Third Federal customers now have access to wealth management services from a trusted name among financial advisory firms, during a time when more and more people need support managing their assets before and after retirement.

"We have had a positive start to our fiscal year as we quickly adapted to three recent Fed rate cuts," said Chairman and CEO Marc A. Stefanski. "Our net interest income increased by $7.4 million over the same period in 2025, and we continue to effectively navigate competition for savings customers while also managing our margin. Our Tier 1 capital ratio of 10.75%, demonstrates our strength and stability as we consistently exceed the amount considered well capitalized."