RIDGECREST, Calif.—Robert “Bob” Boland, CEO of AltaOne FCU, said he will retire at the end of 2017. Boland has been with AltaOne for nearly 39 years.
Named CEO in 1992, Boland has overseen growth from $180 million in assets to the current $640 million.
“Bob’s dedication to the credit union, our membership, and the community has been vital to AltaOne’s continued success,” said David Ostash, chairperson of the AltaOne board, in a statement. “While we will miss Bob greatly, we wish him the very best and are grateful for the substantial contribution he has made over the years.”
According to the credit union, Boland was instrumental in the credit union’s field of membership charter expansion to all of Kern, Inyo and Mono Counties in California, as well as modernizing the credit union’s name. He has overseen six new branch locations and a doubling of the corporate office space in 2003. Mr. Boland received the Kern Council of Governments Individual Distinguished Leadership Award for his executive leadership of the credit union through the Great Recession of 2007 to 2009.
“The AltaOne team has become like family to me over the last 38 years,” said Boland in a statement. “It will be hard to leave, as I’ve developed many meaningful relationships with the AltaOne Membership and within the credit union community, but I am very thankful for my time here and I look forward to spending more time with my wife and family and to being a full-time grandpa.”