MONTEREY, Calif. -- Richard Johnson was the first corporatecredit union CEO taking the helm at Western Corporate, then calledCalifornia Central Credit Union, in 1976. He began with threeemployees, who were transferred from the California Credit UnionLeague. At the time, corporates offered only one service: overnightsettlement accounts.

Credit Union Times sat down with Johnson at the Big ValleyEducational Conference on March 18 and discussed the past, presentand future of corporates.

CU Times: What were some of the challenges you faced back in theearly days of corporates?

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