Skip to main content

Interim CEO Joins NCUD's Efforts to bring Credit Union to East Palo Alto

Great News!

As you know, we have been seeking an interim volunteer CEO to serve NCUD's efforts to bring a community development Credit Union to East Palo Alto. We are now at a place where it’s critical to have someone with the right experience to help us complete and submit the final charter application to the National Credit Union Administration. Once the charter is completed the interim CEO will assist us in communication with the NCUA the search for a permanent CEO. The interim CEO will take the lead on the operations side of the plan with NCUD continuing to be the sponsoring organization and maintaining the community connections.

As a result of our request, Stu Fisher from Addison Avenue Credit Union stepped forward to serve in this role. Addison Avenue C.U. began as Hewlett Packard's Credit Union and have branched out to serve the technology sector. They now have 20 branches nationwide with $1.8 billion in assets.

Stu brings over 15 years experience in marketing, strategy, business development and general management for both entrepreneurial and established business groups. He serves as Addison Avenue's VP for Business Development and Retail Sales. He has a BA in Economics from the University of Pennsylvania and a MBA in Finance and Accounting from the Kellogg Business School at Northwestern University in Ill.

We're blessed and humbled to have Stu serve with us in completing this great task of empowering our community.

However it gets even better!

In addition, Keith Troup from Stanford Federal Credit Union will also assist us in setting up our operations, lending policies and procedures. Keith is currently serving as the VP for Operations for Stanford CU. Stanford CU continues to be an amazing ally in our efforts. Without their help we would never have gotten to where we currently are in this project. Keith's will play a major role in helping us to complete this task! We’re thankful for John Davis, Margaret Wold, Michael Hiller, Indiana Ortega and all the Stanford CU staff for their help, encouragement and assistance in our efforts. They have been our ‘Cardinal Angels’!

God is good! Among many other faithful volunteers and organizations we have two outstanding men and leaders (in Stu and Keith) serving our community!

Please continue to pray for us as we strive to complete this great task. There are some significant milestones in terms of funding, deposits and planning we must reach in the upcoming weeks. Your prayers and support are playing a vital role in helping us more ahead! Please let me know how you can help us reach our goals!

Comments

Popular posts from this blog

YWAMers Praised for Faith and Leadership

The Denver Post reports on the memorial service at the Denver YWAM base: "We're going to celebrate a life, we're not accentuating a death," said Faith Bible Chapel pastor George Morrison, in opening a memorial service today for two people killed at a missionary training school in Arvada . The service is called "A Celebration of Life for Tiffany and Philip." Philip Crouse and Tiffany Johnson died Sunday when a gunman opened fire at the school's dormitory. Youth With a Mission director Peter Warren said today both Crouse and Johnson embodied the spirit of the group. First the service focused on Crouse . "Phil gave his life to Jesus Christ and was never the same again," said Zach, a friend of Johnson's who met him years ago at a youth ministry in Alaska. At the time, Crouse was tough and wouldn't let people get close to him. "Over the years, Phil became a humble, teachable, sweet guy" who was able to reach kids with rough e

PageMill, Wells Fargo and Sam Zell

Dear Friends,  Normal.dotm 0 0 1 888 5066 Northern California Urban Development 42 10 6221 12.0 0 false 18 pt 18 pt 0 0 false false false As many of you know we've been in discussion recently with Wells Fargo and Equity Residential, the proposed buyers of the former Pagemill Properties on the west side of East Palo Alto.  As an East Palo Alto resident and leader I view this issue, and how Wells Fargo handles this important portfolio as a milestone event for our community and it’s residents. First, a little background (from my perspective):  A few years ago over 80% of East Palo Alto's multi family housing stock was purchased piece by piece by a predator equity group, Pagemill Properties. After the purchase Pagemill began systematically dismantling our rent control ordinances and aggressively evicting working class families. The community was in shock. However, the Pagemill group went bankrupt in 2009 and lost the property to Wachovia, soon to be

Untitled

Posted via email from JOHN's posterous