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CEO of Travis Credit score Union in California to retire | Credit score Union Journal

Barry Nelson plans to retire because the president and CEO of Travis Credit score Union in Vacaville, California, this spring.

The $4.7 billion-asset group mentioned that Nelson, who has been with the corporate since 2000 and has been its chief for the previous seven years, will step down April 15. The credit score union is forming a committee to seek for a successor.

“All through his profession, Barry has served our members and neighborhood via COVID-19, an improve of our core programs, created a basis to advertise monetary wellness and stored the credit score union fiscally robust, garnering numerous recognitions alongside the way in which,” Deborah Aspling, chairman of the board at Travis, mentioned in a press launch.

Nelson joined Travis Credit score Union in January 2000 as assistant vice chairman of finance. He was promoted to senior vice chairman and chief monetary officer in 2001 and was named president and CEO in 2014.

“I’m assured that Travis Credit score Union’s board of administrators and government workforce have a strong strategic plan and imaginative and prescient that may information us via the following 70 years,” Nelson mentioned within the press launch.

Travis Credit score Union is the twelfth largest credit score union in California, with 24 branches and greater than 217,000 members.

Travis earned $40.9 million within the first 9 months of 2021, a 119% enhance from a yr earlier, in keeping with name report information from the Nationwide Credit score Union Administration.

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