Trailblazer CEO of the Year Joe Thomas Jr. saved a man from his burning HQ and achieved 50% loan growth last year.
Deadline coming up for the next group of top industry award winners.
Credit Union Times will honor the 2014 winners at Trailblazer Award reception at GAC in Washington.
Purchase would mark fourth credit union takeover of bank in past year and a half.
WASHINGTON — Winners were feted and old friends greeted at Credit Union Times' Trailblazers reception Tuesday night at the GAC. (Photos by John Cooke)
Don’t expect Joe Brancucci to back down from his convictions, especially when it comes to how credit unions have the choice of evolving or face extinction.
The $3.9 billion Patelco Credit Union experienced its most profitable year in the Pleasanton, Calif.-based institution’s 76-year history, with a $55.5 million net profit and 1.48% return on assets. In fact, last year’s earnings were more than the total of $37 million earned from 2005 to 2011 combined.
If you ask Carroll Beach his age, he’ll likely request a little clarity. “Is that chronologically or mentally? Chronologically, I’m 73. Mentally, I try to be aware of the new changes. I like to be aware and adapt. If you don’t do that, it will make your life miserable,” Beach suggested.
Like many executives, Chad Graves begins his day by reading The Wall Street Journal, USA Today and his local newspaper. Only Graves is not a CEO or CFO, he’s the chief technologist at Ent Federal Credit Union.
Thomas Renz, president and chief development officer for the $32 million Commodore Perry FCU, didn’t decide to become an activist when he appealed the credit union’s 2011 exam. Instead, the Credit Union Times 2013 Political Action Trailblazer Award winner contended that he’s always been one.