The $2.1 billion Travis Credit Union in Vacaville, Calif., has announced that its president/CEO, Patsy Van Ouwerkerk, will retire this summer after 38 years of service.
Van Ouwerkerk, who has been the 174,500-member credit union's top officer for the past 12 years, will be succeeded by Barry Nelson, a 23-year industry veteran who currently is TCU's executive vice president.
TCU has doubled in assets and added 14 branches since Van Ouwerkerk took the helm in June 2002, and now has 22 locations in 12 Northern California communities and at Travis Air Force Base.
“Her reputation in the business community as well as with local, state and federal officials is exceptional. I join with the other members of the board in acknowledging Patsy's accomplishments in the credit union industry and congratulate her on her retirement. She is leaving TCU financially well positioned,” Board Chair Pat Moreno said in the TCU announcement.
Nelson has been a senior manager at TCU since 2001 and had been chief financial officer and chief operations officer before becoming EVP last year.
“I am delighted that the board has selected Barry to succeed me. He has been instrumental in the growth and success of TCU,” Van Ouwerkerk said in the credit union's announcement.
“His leadership skills and commitment to the community will be invaluable as he guides our teams in developing long-standing relationships with both new and existing members and carrying out our mission,” she said.
In October, Van Ouwerkerk received the Leo H. Shapiro Lifetime Achievement Award from the California and Nevada Credit Union Leagues.
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