DUBLIN, Calif. – Patelco Credit Union is reporting it appointed its president and CEO, Erin Mendez, to its board of directors.
Mendez will fill the term of former board member Emily Shubert through April 22, 2022, at which time Mendez will have the opportunity to be re-elected to serve a three-year term, the CU said.
“Erin has been instrumental in Patelco’s growth and transformation over the past eight years and we’re extremely proud to welcome her to the board,” said Patelco Chairman Peter Hanelt. “While it's common for a CEO to be on the board of a public company, it’s certainly less so among credit unions. Appointing Erin is a recognition of her unwavering commitment to improving the financial health and well-being of more than 400,000 Patelco members throughout Northern California. It’s also a result of her governance, strategic planning, and overall leadership within the credit union industry.”
In a statement, Patelco said that as president and CEO of Patelco, Mendez has “spearheaded the credit union’s evolution from a rate- and fee-focused institution into a mission-driven organization focused on the financial health and well-being of the communities it serves.”
‘Growth and Revenue Will Follow’
Patelco said Mendez has led the deployment of programs that ensure Patelco provides the resources necessary to help all members achieve financial success.
“Mendez embraces an operating philosophy that when the credit union takes care of its members and team members, the growth and revenue will follow,” Patelco said. “Since her arrival in 2013, Mendez has transformed the organizational culture to a focus on members, team members and the communities it serves.”
The credit union noted that since Mendez has been CEO Patelco has grown to $8.9 billion in assets from $3.9 billion.
“It’s truly an honor and privilege to serve on Patelco’s board alongside this talented group of professionals,” said Mendez. “Together we will continue to wholeheartedly and collaboratively serve our mission and our members.”