Baton Rouge, LA – Pinnacle Executive Recruiting, led by President & CEO Mary Leonardi, in partnership with Neighbors Federal Credit Union, is proud to announce the appointment of Jody Caraccioli as the next President and Chief Executive Officer of Neighbors Federal Credit Union, effective January 2027.
Caraccioli, who currently serves as Chief Financial Officer, will succeed Steve Webb upon his retirement after years of dedicated service. With more than two decades of executive leadership in the credit union industry, Caraccioli brings a proven record of financial stewardship, innovation, and an unwavering commitment to Neighbors’ mission of serving members and the community.
Since joining Neighbors FCU in 2008, Caraccioli has overseen more than $1.4 billion in assets and led the credit union through periods of significant growth and financial stability. His leadership was instrumental in securing $35 million in Emergency Capital Investment Program (ECIP) funding and an additional $8 million in secondary capital, strengthening Neighbors’ financial foundation and positioning the credit union for long-term success. Under his direction, Neighbors has consistently earned strong marks from regulators and examiners.
Prior to Neighbors, Caraccioli served as CFO of KeyPoint FCU and held senior operational roles with KKR, American Golf Corporation, and Arnold Palmer Golf Management, gaining extensive expertise in mergers, acquisitions, and large-scale operational leadership. He currently serves as Chairman of the Supervisory Committee and ERM Committee Member at Catalyst Corporate Credit Union, in addition to serving as 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 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 executive training at the University of Chicago Booth School of Business. He will officially assume the role of President & CEO in January 2027.
About Neighbors Federal Credit Union
Neighbors Federal Credit Union is a not-for-profit financial services organization serving more than 80,000 members with over $1.4 billion in assets across south Louisiana. Founded in 1954 as Baton Rouge Teachers Credit Union with just a shoebox and a few hundred dollars, Neighbors has grown while staying true to its mission: Enhancing members’ financial well-being and being a trusted partner in the communities we serve.