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Business on the move
September 01, 2014, 05:00 AM

Barry Jolette

The Board of Directors of San Mateo Credit Union announced last week the impending retirement of CEO Barry Jolette after 27 years of service. Jolette began his credit union career in 1965 as an examiner with the National Credit Union Administration. He began his association with San Mateo Credit Union in 1987. Since then, the credit union has grown from 18,000 to 77,000 members and expanded its base from $7 million to $766 million in assets.

No timeline has been established for the transition to new leadership. The Board of Directors will be initiating plans and determining the future direction of the credit union in the coming weeks.

 

 

Tags: credit, union,


Other stories from today:

Tesla Motors dealing as states play factory poker
Detroit raced toward this week’s bankruptcy trial
Business on the move
 

 
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