John Roemer became the president/CEO of Los Angeles Police Federal Credit Union on Monday.
Roemer succeeds Ed Hada, who is retiring after serving as LAPFCU’s CEO for five years and, prior to that, working for 10 years as the CFO.
During Hada’s CEO tenure, the Van Nuys, Calif.-based credit union grew assets from $941 million to $1.3 billion, while loans increased from $593 million to $723 million and membership expanded from 39,786 to more than 43,000, according to NCUA Call Reports.
Roemer joins LAPFCU with more than 35 years of financial institution experience. He previously served as EVP and chief strategy and communications officer at the $9.7 billion Logix Federal Credit Union in Valencia, Calif. He also held several executive leadership roles in market research, marketing and strategy, operations, payments, member experience, business intelligence and service quality at Logix and other financial institutions, including Guaranty Bank and Bank One Milwaukee.
“John’s proven leadership skills and extensive knowledge strengthen our commitment to enhance the quality of life for law enforcement professionals and their families,” LAPFCU Board Chair Andre Plummer said in a prepared statement. “John has shown an impressive dedication to member service and organizational growth and stability in his past positions. We look forward to future success with John at the helm.”
LAPFCU’s 156 employees run four branches that serve the financial needs of law enforcement communities in Southern California.