Press Releases

John Mach, CEO Shares Retirement Timeline

On behalf of the Board of Directors I would like to inform everyone that John Mach, our CEO has approached us to plan for his retirement.  While we are elated that John is ready to retire, we are also a bit sad to say goodbye.

John started with Ontario Telephone Employees Credit Union in 1990.  Without doubt, John has steered our Credit Union through significant change over his tenure. In 30 years, John has driven our relationship model with passion and success.  We have seen our Credit Union grow from 3 products and $25 million in assets to a full-service financial institution with over $600 million in total assets. While John was steering these changes, he remained focused on creating the best credit union we could be for our members.  Service and relationships remained at the very core of our credit union.  We always remained steadfast in our relationship model while John served as CEO and we are all thankful for that.

John will be retiring on June 30, 2020 and our Board has appointed Dave Birak to the position of Interim CEO effective January 1, 2020.  John and Dave will be working together from January to June to ensure that the leadership change occurs smoothly without disruption.

As many of you know, John is not one to sit idle for long.  While he may call this retirement, I think a better description is “next phase of life”.  John plans to become very active in his foundation work and family… and will find some time to squeeze in some travel, golf, hiking and schooling.  As John has told the staff, “I’m also excited about just seeing where this new phase of life leads me.  My real goal is to be productive and impactful on things that I am passionate about for the next 30 years. How good would that be!”

On behalf of the Board, we wish John all the best in the future.  

Jeff Stubbs
Chairman of the Board
Comtech Fire Credit Union

Comtech Fire Credit Union Opens "Muskoka" Community Patio on King Street!

Click here to see the official press release for the King Street patio.