Pitts Retires at SACU After Two Decades

SAN ANTONIO -- Credit union technology veteran Knox M. Pitts II has retired after 21 years in leadership at $2.3 billion San Antonio Federal Credit Union.

Now the credit union's senior executive vice president, Pitts joined SACU in 1987 from the former San Antonio Bank & Trust, where he started the bank's computer center. He had attended the University of Alabama at Birmingham, majoring in business and earning a certification in data processing in that technology's early days.

Over the years, Pitts managed data processing contracts, led the acquisition of server/client systems and oversaw the introduction of the first remote teller system in the San Antonio market, the CU said.

He also served as acting CEO in the early 1990s and helped with the transition for the incoming, and current, CEO, Jeff Farver.

"We will miss this daily contact with him as a co-worker and friend," Farver said.

"He has provided executive leadership and invaluable support to SACU, exemplifying the credit union philosophy of 'people helping people,' both in his personal life and in representing the interests of members and employees. We wish him the very best in his retirement," Farver said.

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