CONCORD, Calif.– The $1.1-billion Pacific Service Credit Union has named a new CEO. The credit union has selected Jenna Lampson to lead the organization, replacing Steve Punch who is retiring after 12 years in the role.
Lampson, who has more than 25 years’ experience in financial services, joined Pacific Service Credit Union in 2004, most recently serving as executive vice president/COO. She is an honors graduate of Saint Mary’s College MBA program in Moraga, Calif., a graduate of Western CUNA Management School, and holds the Certified Chief Executive designation from CUES.
“I am extremely grateful for the opportunity to lead this great organization and work with our talented management team,” said Lampson. “I am passionate about fulfilling our mission to strengthen the financial future of our members during this time of competitive disruption and continuing advancements in digital delivery of products and services.”
Tribute to Former CEO
Lampson will assume her new duties Aug. 1, while Punch will continue as a consultant to the organization until his retirement on Oct. 31.
“The board is grateful for Steve’s leadership and many contributions over the past 12 years,” said Board Chair Maria De Martini. “With more than 41 years in the credit union industry and 24 years as a CEO, his experience and insights were indispensable in navigating the credit union through the Great Recession and positioning it as one of the strongest credit unions in the nation. He is leaving us with an outstanding team and we all wish him happiness and health as he enjoys his well-deserved retirement.”
The CEO search was handled by d.hilton Associates.