Chairman and CEO of Third Federal named 2019 recipient for leadership in the community
Third Federal (TFSL) Chairman and CEO Marc A. Stefanski was honored by Boys Hope Girls Hope of Northeast Ohio with the 2019 Pillar of Hope Award. Stefanski received the award for his years of leadership and generosity to the community.
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Stefanski has been a key driver of support for youth education programs. When he established the Third Federal Foundation in 2007, he did so to help with education initiatives and wrap around services for residents in the inner city. Today, the Foundation awards more than $1 million annually to those programs. In addition, programs like the Stefanski Service Scholarship at Cleveland Central Catholic High School awards students and their families with tuition support in exchange for service to the school and the community. Stefanski has also found a calling with Rhonda’s Kiss, named for his late wife, to support cancer patients in need.
Stefanski sets the bar high for himself and those around him, embodying the Pillar of Hope’s principle of commitment and concern for others. “Concern for others is one of the values we embrace at Third Federal and one that I hold close in my own life,” Stefanski said. “Giving back to the community and, especially helping our youth succeed, is vital to the success of our city and our region. I am truly honored to be recognized, but there is always more work to be done.”
The mission of Boys Hope Girls Hope (BHGH) is to help academically capable and motivated children-in-need to meet their full potential and become men and women for others by providing value-centered, family-like homes, opportunities and education [from middle-school] through college. The Pillar Award is given to a leader in the community who has achieved distinguished success not only professionally, but in their commitment and concern for others. A Pillar of Hope embodies a life of service that values their faith, their family and their community; a true embodiment of the hope BHGH has for each of its Scholars.
Third Federal Savings and Loan Association is a leading provider of savings and mortgage products, and operates under the values of love, trust, respect, a commitment to excellence and fun. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal’s mission is to help people achieve the dream of home ownership and financial security. It became part of a public company in 2007 (TFSL). Third Federal, which lends in 25 states and the District of Columbia, is dedicated to serving consumers with competitive rates and outstanding service. Third Federal, an equal housing lender, has 21 full service branches in Northeast Ohio, eight lending offices in Central and Southern Ohio, and 16 full service branches throughout Florida. As of September 30, 2018, the Company’s assets totaled $14.2 billion.