[Baton Rouge, LA] – Neighbors Federal Credit Union, in partnership with Pinnacle Executive Recruiting is proud to announce the appointment of Jody Caraccioli as its next President and Chief Executive Officer, effective January 2027. Caraccioli, who currently serves as Chief Financial Officer, will succeed current CEO Steve Webb as he transitions into retirement after years of dedicated service. With more than two decades of executive leadership experience in the credit union industry, Caraccioli brings a proven track record of financial stewardship, innovation, and a deep commitment to Neighbors’ mission of serving its members and community.

Jody Caraccioli

Caraccioli has served as CFO of Neighbors FCU since 2008, overseeing more than $1.4 billion in assets and leading the organization through significant periods of growth and financial stability. He successfully secured $35 million in Emergency Capital Investment Program (ECIP) funding and an additional $8 million in secondary capital, strengthening Neighbors’ net worth ratio and positioning the credit union for long-term success. Under his leadership, Neighbors has consistently earned strong marks from regulators and examiners.

Prior to joining Neighbors, Caraccioli served as CFO of KeyPoint FCU and held senior operational roles with KKR, American Golf Corporation, and Arnold Palmer Golf Management, where he gained extensive experience in mergers, acquisitions, and managing large-scale operations. He currently serves as Chairman of the Supervisory Committee and as an ERM committee member at Catalyst Corporate Credit Union, also is Chair of Neighbors’ Asset Liability Committee, and a member of the Business Lending Committee.

“It is a tremendous honor to be selected as the next CEO of Neighbors Federal Credit Union,” said Jody Caraccioli. “I am grateful for the trust placed in me by the Board and our members. Neighbors has a long legacy of making a difference in the lives of the people and communities we serve, and I am excited to build on that foundation by driving sustainable growth, innovation, and member value. Together with our dedicated team, we will ensure Neighbors remains strong and positioned for long-term success.”

Caraccioli holds a Master of Business Administration from Southeastern Louisiana University, a Bachelor of Business Administration in Finance from Millsaps College, and has completed advanced training at the University of Chicago Booth School of Business. He will officially assume the role of President and CEO January 2027.

About Neighbors Federal Credit Union

Neighbors Federal Credit Union is a not-for-profit financial service organization serving over 80,000 members with over $1.4 billion in assets in south Louisiana. A handful of educators started Baton Rouge Teachers in 1954 with a shoe box, a couple hundred dollars and the goal of making financial services available to school system employees in our area. Since that time, Neighbors has undergone a variety of changes, but the mission has stayed the same: Enhance members’ financial well-being and be a partner in the communities we serve.