Third Federal Savings and Loan Association of Cleveland, the flagship subsidiary of TFS Financial Corporation (Nasdaq: TFSL), announced that Chief Financial Officer and board member Meredith S. Weil will retire in January 2027.
Weil has held the CFO role since 2024 and a board seat since 2014. Joining Third Federal in 1999, Weil served as Chief Operating Officer from 2012 until 2023.
SUCCESSION
James E. LaRocca will join Third Federal as Finance and Accounting Officer on June 29, 2026, and is expected to assume the CFO role upon Weil's retirement. LaRocca was most recently Executive Vice President and CFO of Westfield Bank in Westfield Center, Ohio, which was acquired by First Financial Bancorp in November 2025. He began his tenure with Westfield in 2010, holding various leadership positions in accounting and finance, and previously worked as a Senior Auditor at Ernst & Young. LaRocca is a certified public accountant licensed in Ohio.
"Today, Third Federal Savings & Loan Association of Cleveland (Third Federal), the primary business subsidiary of TFS Financial Corporation (Nasdaq: TFSL), announced the retirement of Meredith S. Weil as a member of the Board of Directors and Chief Financial Officer (CFO), effective January 2027," the company stated in its official release. "As a part of the statement, the company also announced that James E. LaRocca will be joining Third Federal as Finance and Accounting Officer on June 29, 2026."
The timing leaves roughly six months between LaRocca's arrival and Weil's retirement. “Meredith’s impact in the last nearly 30 years has been fundamental to the success of our company,” said Chairman and CEO Marc A. Stefanski. “Her management roles during her time with us have touched every part of Third Federal.”
ABOUT THIRD FEDERAL
As of December 2025, the organization reported total assets amounting to $17.50 billion.
LaROCCA'S BACKGROUND
LaRocca holds a BA in Accounting and an MBA from Baldwin-Wallace University.
Third Federal has 21 full-service branches in Northeast Ohio, mortgage lending offices in Central and Southern Ohio and 15 full-service branches in Florida, and lends in 28 states and the District of Columbia.
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