California, Colorado & Massachusetts CUs Name New CEOs for the New Year

Jennifer Oliver takes over the helm at SCE Federal Credit Union in March.

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Jennifer Oliver will become president/CEO of the SCE Federal Credit Union in Irwindale, Calif. in March 2022.

She will succeed the current President/CEO Dan Rader who is retiring after 24 years of service, the SCE Federal Credit Union board of directors said. Under Rader’s executive leadership, the credit union grew from $189 million in assets and 33,000 members in 1997 to its current $973 million in assets and more than 61,000 members, according to SCE’s Call Reports filed with the NCUA.

We appreciate Dan and his support during this transition, as well as thank him for his incredible and dedicated service,” Patrick McCloskey, board chair of SCE Federal Credit Union said.

Oliver is currently executive vice president/chief financial officer for the $4.2 billion Municipal Credit Union in New York, serving on NCUA’s conservatorship executive team that is overseeing the restoration of the credit union’s net worth, compliance remediation, modernization of operations, employee engagement and member trust.

Jennifer Oliver

Prior to joining MCU, she served as president/CEO of the $137 million South Bay Credit Union in Redondo Beach, president/CEO of the $130 million California Bear Credit Union in Los Angeles, and as a senior vice president of the $260 million WestStar Credit Union in Las Vegas.

SCE’s 183 employees operate 10 branches and a corporate office, its Call and Profile reports show.

Charlie Watts will become president/CEO of the $129 million Aurora Federal Credit Union in Aurora, Colo. on Jan. 1, 2022, its board of directors said.

He succeeds Blake Smith.

Watts most recently served as senior vice president and chief financial officer at the $298 million Colorado Credit Union in Littleton. He previously worked as sales and marketing manager for SunCorp Corporate Credit Union prior to its merger with Alloya Corporate Federal Credit Union.

Charlie Watts

Aurora FCU’s 19 employees operate a corporate office and a branch that serve more than 7,600 members, according to its Call and Profile reports.

Laura Ybarra will be president/CEO of the $80.8 million AllCom Credit Union in Worcester, Mass., on Jan. 1, 2022.

She will succeed current President/CEO Debbie Guiney who will retire at the end of the year capping her 44 years of service, the AllCom CU board of directors announced.

Guiney started working at the Credit Union in 1977 when it managed savings accounts, small personal loans and auto loans. Under her executive leadership, AllCom has grown into a full-service community organization, serving utility and postal employees, and the community.

“Over a remarkable 44-year career, Debbie was responsible for the development and success of our organization,” John Naughton, AllCom CU board chair said. “Her dedication to our members, employees, and the credit union was evident in every decision that she made. She has built a strong team and created a solid foundation as we enter our 100th year. Her guidance and friendship will be greatly missed by the entire board.”

Ybarra, who is currently serving as AllCom’s executive vice president, joined the credit union in 1997 as a high school summer intern and continued to work part-time while pursuing her college degree. Over the years, Ybarra has held positions in almost every area at AllCom providing her with extensive experience for the CEO post.

Chartered on Nov. 8, 1922, AllCom’s 17 employees operate a corporate office and a branch that serve more than 4,200 members, its Call and Profile reports show.