Chess pieces stacked on a pyramid of blo Leadership structure changes. (Source: Shutterstock)

The $26.9 billion SchoolsFirst Federal Credit Union promoted Jose Lara to president, while Bill Cheney will continue to serve as CEO, California’s largest financial cooperative announced Tuesday.

With 1.2 million members and more than 2,600 employees, the Tustin, Calif.-based SchoolsFirst FCU said in a prepared statement that it decided to change the leadership structure to “enhance the member service experience and support financial well-being for both its members and team members.”

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