SAN DIEGO–Cabrillo Credit Union has named a new CEO. The $370-million Cabrillo has named Michael A. DeShazo to lead the organization.
DeShazo has been acting CEO after having previously served as COO and CAO. DeShazo joined Cabrillo in 1996 and has been “pivotal in shaping the credit union’s growth, as well as setting the tone for a strong culture, for members and employees,” the credit union said.
“The board is very excited to see where Mike will lead Cabrillo,” said Board Chair Richard Amezcua. “Mike is a dedicated credit union executive, with more than four decades of experience, which has prepared him well for this new leadership role. We feel that Mike will continue to grow and strengthen Cabrillo for many years. During Mike’s four months as Interim CEO, the credit union has seen some amazing transformations. Cabrillo has had two of the credit union’s best loan production months in history. Staff seems happier and more engaged…and members are excited to see Mike at the helm.”
Cabrillo said DeShazo created many of Cabrillo’s successful programs, including Payroll Assurance Loan (PAL), Meet or Beat Program, Subsidized ATMs, and the Cabrillo Challenge.
The credit union, which has more than 90 employees, has approximately 24,000 members.