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Stephen Jacoby has been named vice president of business development at Groton-based Scient Federal Credit Union, previously known as Ledge Light Federal Credit Union.
Jacoby will report directly to Cheryl Donaj, vice president of retail for the credit union. As a member of the senior leadership team, he will maintain and develop relationships with life science organizations nationally and manage Scient's business development team.
Jacoby had spent a decade working in Chicago financial institutions, including seven years in the credit union industry.
Scient, created originally to serve Pfizer Inc. employees, has more than 12,000 members nationwide and over $200 million in assets.