MODESTO, Calif.–The CEO of the $343-million Mocse FCU has announced plans to retire, with the credit union also naming a successor.
After 41 years of service in credit unions, President/CEO Tracey Kerr said she plans to step down on Sept. 1.
“Tracey expertly served as president/CEO since 1999 and her accomplishments are too numerous to name. Her dedication to serving our members and communities has been unflagging. We offer our deepest gratitude for her service and wish Tracey and her family the very best in retirement," said Mocse Chairman Joy Mastache in a statement.
After conducting an extensive search, Mocse has selected Shane Saunders as the 26,000-member CU’s new president CEO.
‘Strong Vision’
"In selecting a successor to our long-term and beloved president/CEO, the board of directors was anxious to identify a candidate that would provide a strong vision forward while furthering our unique member-oriented culture," stated Mastache. “Shane comes to Mocse with a 25-year history in the financial services industry and recently as the chief experience officer for the past six years at Maps Credit Union in Salem, Oregon.”
The credit union’s field of membership includes the California counties of Stanislaus, Tuolumne, Mariposa and Merced.