San Mateo CreditUnion CEO Barry Jolette has announced his retirement. No timelinehas been established for the transition to new leadership, SMCUsaid in an Aug. 29 release.
Jolette began his credit union career in 1965 as an NCUAexaminer and joined SMCU in 1987. Since that time, the San Mateo,Calif., grew from $7 million to $766 million in assets.
Jolette was an active leader in the credit union community,serving on the CUNA and WOCCU boards and leading advocacy effortsto pass H.R. 1151. He was also honored with a Lifetime AchievementWegner Award in 2007.
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