ALVIN, Texas — Chocolate Bayou Community Federal Credit Union on Friday said Gary Angeles will be its new president and CEO effective July 1.
Angeles will be taking over for Gary Davis, who is retiring after more than 25 years at $110 million Chocolate Bayou. The executive search was conducted by Credit Union Resources.
Angeles previously served as chief operating officer at Pima Federal Credit Union in Tucson, Ariz. He was a member of the executive team that is credited with leading the direction of the credit union, including the IT department, payment services department, call center and all facilities.
During his time in Tucson, Pima's asset size grew 35% over five years while maintaining a capital ratio of 10.41%. As project manager, Angeles led the institution through a core banking conversion, which included the CU's core platform as well as changes to Internet banking, mobile banking, bill pay, e-statements and optical storage systems.
Angeles currently is attending the CUES CEO School and has certification from CUNA as a Credit Union Compliance Expert. He also holds certificates from Payments Resource One for ACH and Fraud/Risk Management.