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|Erin Mendez, incoming CEO of Patelco CU|
Mendez will assume leadership of the $4 billion Patelco CU in mid-August. Patelco, one of the nation’s oldest and largest credit unions, is headquartered in Pleasanton, CA.
Mendez moves over to Patelco from her position as executive vice president and COO at the $9.7 billion Schools First FCU in Southern California. She's spent several years in the financial services industry, including 10 years at School First.
Mendez previously served as senior vice president of retail banking at American Savings Bank, senior vice president of operations and chief information officer for Western Financial Bank, and chief technology officer for Health Net Inc.
Mendez steps into the top role following Patelco’s year of record earnings. The credit union posted an 11.4 percent net-worth ratio at the close of the year.
“Patelco has long been known as an innovative leader in the financial services industry, and I am honored to join the ranks of the prestigious few who have shaped Patelco into the trusted, growing financial institution it is today,” Mendez said in a Patelco statement. “I will be a diligent advocate for the safety and betterment of our members’ financial lives.”
Mendez serves as a member of the National Credit Union Foundation Investment Committee, is an executive committee member on the Applied Research Institute Board for the California Credit Union League, and is a board member of the National Benefits Services. She is past chairman of the Credit Union National Association (CUNA) Council Forum, former chairman of the CUNA CFO Council, and has served as a member of the CUNA Government Affairs Committee.