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McDaniel Moves to Billion Dollar California CU; Blitsch Is Point Mugu FCU's New CEO

GLENDALE Calif. And VENTURA, Calif. - Former Point Mugu FCU President/CEO Ron McDaniel has been named as president/CEO of the billion dollar California Credit Union. Taking over for McDaniel at the $235 Point Mugu is Marianne Blitsch. McDaniel served as Point Mugu's CEO for 19 years. He also spent three...

By Staff Writer | Updated on February 17, 2004

GLENDALE Calif. And VENTURA, Calif. – Former Point Mugu FCU President/CEO Ron McDaniel has been named as president/CEO of the billion dollar California Credit Union. Taking over for McDaniel at the $235 Point Mugu is Marianne Blitsch. McDaniel served as Point Mugu’s CEO for 19 years. He also spent three years there as a senior vice president. During his tenure, Point Mugu grew from $47 million to $235 million in assets. McDaniel pioneered a conversion to a community charter, which helped to produce an 80% growth in assets and an 18% growth in membership for the credit union. While CEO of Point Mugu, McDaniel served on CUNA’s board in district 6. CUNA is currently working to fill his vacated seat New Point Mugu CEO Blitsch has been with the CU since 1985 where she joined as marketing director. She became EVP of the CU in 1989. Blitsch is very active in her community, devoting considerable time to elder abuse issues, particularly in efforts to educate and prevent the financial abuse of elders and dependent adults. She has developed a training program for the recognition of warning signs of financial abuse for the staff of the credit union, and she has made this program available to any financial institution and interested community organization (contact [email protected] for more information).

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