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August 21, 2023 / 2023 40 Under 40 Award Honorees

2023 40 Under Forty: Craig Knell

Age: 36 Company: Nutmeg State Financial Credit Union Title: Senior Vice President, Chief Financial Officer No. of years with current company: 2 Town where I live: Cromwell Town where I work: Rocky Hill College: CCSU Highest degree: Bachelor’s degree in economics
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Craig Knell is the chief financial officer for Nutmeg State Financial Credit Union, a member-owned, not-for-profit financial cooperative.

Knell began his career in the U.S. Navy. After completing his degree, he joined the Federal Deposit Insurance Corp., where he received a federal commission as a risk management examiner and served as a senior risk examiner. Knell joined Nutmeg as a director of enterprise risk management in 2022, and was promoted to senior vice president and chief financial officer later that same year.

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What’s been your biggest professional accomplishment so far in your career?

At the FDIC, I led the transition to a fully remote bank examination during the onset of the COVID pandemic. I was able to lead my team and complete a difficult examination while fully remote. I received an FDIC Mission Achievement Award for exceptional leadership and effectiveness.

How are you involved in the community?

I am a regular blood donor. I am open to new opportunities to serve nonprofit and not-for-profit entities in the Hartford area.

What do you like to do outside of work?

I spend most of my time with my wife and son. I read as much as I can. I enjoy building, and any other free time I have is spent on home improvement or renovation projects.

Why do you deserve to be a 40 Under Forty?

• Received Joint Service Commendation Medal for Meritorious Service while serving Combined Joint Special Operations Task Force — Afghanistan.

• Commissioned risk management examiner after completing a rigorous four-year training program with the FDIC and successful completion of the FINRA Series 91 examination.

• Received FDIC Mission Achievement Award for exceptional leadership and effectiveness.

• Youngest member of the executive team at Nutmeg State Financial Credit Union.

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