Mutual Fund Board Names Meriwest CEO to Board

SAN JOSE, Calif. – The Asset Management Fund has named Christopher Owen, president/CEO of $948 million Meriwest Credit Union, to its board of trustees. The Chicago-based Asset Management Fund (AMF) consists of six mutual fund portfolios marketed to credit unions, banks, thrifts, corporations, insurance companies, municipalities, pension plans, foundations, and endowments. As of March 31, total fund assets under management were approximately $4 billion. Having served at the helm at Meriwest since 1991, Owen currently participates in the League of IBM Credit Unions (LICU) and NAFCU. Prior to Meriwest, Owen, a 30-year financial services professional, served as an international and domestic banker at J.P. Morgan in New York and as CFO for Westpac Banking Corp. in San Francisco “Mr. Owen brings a unique perspective to the Fund’s oversight process,” said Rodger Shay, chairman of the AMF board. “His experienced leadership role within the credit union industry will continue to ensure that financial institutions’ interests are well-served. Moreover, we are optimistic that Mr. Owen’s influence will encourage additional credit unions to consider the Funds as a potential vehicle to meet their investment needs.”