Meriwest Credit Union has announced that Christopher M. Owen, president/CEO will be initiating a transition plan to retirement late this summer. Owen's decision to retire will bring to close a career of 22 years of service with Meriwest Credit Union.
During Owen's tenure, the San Jose, Calif.-based credit union migrated from a single-sponsor credit union serving primarily IBM employees to providing financial services within a multicommunity footprint. Through market and branch expansion, Meriwest assets quadrupled during Owen's tenure to now exceed $1 billion.
Meriwest Chairman Charles Munch said, "Chris' leadership of Meriwest over the years has been impressive, reorganizing the company, delivering growth and developing a clear forward strategy with a strong portfolio of new opportunities. I and the board of directors greatly appreciate that Chris successfully navigated the credit union through unprecedented economic challenges and is now leaving Meriwest on solid financial footing".
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