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Community First Fund Appoints New Chief Credit Officer

January 16th, 2024

LANCASTER, Pa. – Jan. 2, 2024 – Community First Fund, an independent non-profit community loan fund, is pleased to name Edward J. Gallagher as the organization’s new Chief Credit Officer.

With more than 25 years of tenure in community banking, Ed brings a depth of experience in sales, portfolio management, risk-rating assessment, credit underwriting analysis, development of loan policy and procedure, and oversight of lending and operations. His prior positions include Senior Vice President of Corporate Banking and Chief Lending Officer. He holds a B.S. from Wilkes University and an M.B.A. from the Haub School of Business at Saint Joseph’s University.

“We’re very pleased to add Ed Gallagher to our team of community banking experts,” said Daniel Betancourt, President and CEO of Community First Fund and Community First Fund Credit Union. “His experience and industry knowledge align well with our mission, and we look forward to everything he will accomplish with Community First Fund.”

Ed will work out of the Lancaster office and will be responsible for the organization’s credit risk and policy, lending operations, and asset management. He resides in Chester County with his wife and four children.

Community First Fund works to create financial equity through wealth building opportunities for individuals, families, and business owners, especially persons of color, women, and immigrants. The organization aligns capital, knowledge, and advocacy to advance access to financial services, business ownership, housing, and community development.

For more information, visit Community First Fund’s website or contact the organization via LinkedIn or Facebook, or via phone at (267) 236-7000 for Greater Philadelphia or (717) 393-2351 for Central Pennsylvania.

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About Community First Fund

Community First Fund is a private, independent, non-profit Community Development Financial Institution (CDFI) whose mission is to provide capital in places where it is not usually available. We seek to create positive change in the community by providing entrepreneurs, commercial real estate and affordable housing developers, as well as nonprofits with access to loans for projects that generate jobs, create housing opportunities, essential community facilities, and that help to revitalize communities.