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Third Federal's Marc A. Stefanski Shares Guiding Principles

Marc A. Stefanski Discusses Philosophy Behind Third Federal at Levin College Forum

“Love” might be all you need (according to the Beatles), but it’s not a word you find in many corporate mission statements.

Then again, Third Federal Savings & Loan isn’t your typical corporation. Alongside “trust,” “respect,” “commitment to excellence” and “fun,” this Cleveland institution embraces “love” as a guiding principle.

 “We define ‘love’ as a genuine concern,” Third Federal Chairman and CEO Marc A. Stefanski said during the Levin College Forum on March 5 at Cleveland State University’s Maxine Goodman Levin College of Urban Affairs. “We have a genuine concern for each other, our management team and all our associates. We also have a genuine concern for the communities and the customers we serve.”

His parents founded Third Federal in 1938.

At CSU, Stefanski touched on a range of topics, including Third Federal’s key role in the revitalization of Cleveland’s historic Slavic Village neighborhood, where the company is based.

For more, check out CSU’s ENGAGED blog.