Rita Toston appointed VP of risk management at Bay Federal

Bay Federal Credit Union has named Rita Toston as its new Vice President of Risk Management, bringing two decades of experience in banking and compliance to the leadership team. In her new role, Toston will lead the Credit Union’s Enterprise Risk Management program and oversee the organization’s risk profile.

Toston’s background includes consulting for community banks and fintech companies through her own LLC, as well as senior positions at Citibank. As Senior Vice President of Compliance Testing at Citibank, she played a key role in supporting U.S. personal banking operations, specializing in compliance, audit, and operational risk.

“I’m thrilled to join a company that equally values its employees and members,” Toston said. “The focus on creating a positive work environment while delivering outstanding service and value to members aligns with my core values.”

Toston holds a bachelor’s degree in management and finance from Park University, along with an MBA from Ottawa University. She also holds a Certified Regulatory Compliance Manager (CRCM) certification.

Outside of her professional life, Toston enjoys traveling, reading, and spending time with her family, which includes her spouse, two sons, and their rottweiler puppy, Cody.

About Bay Federal Credit Union

Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 86,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.6 billion in assets, Bay Federal is the largest member-owned financial institution in the region. The organization has been proudly serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.