Longtime CEO of America’s Christian Credit Union prepares to retire

Mendell L. Thompson, the longtime CEO of America’s Christian Credit Union in Glendora, Calif., will retire in March 2020.

The $390 million-assets institution said on Monday that Thompson has served as its president and CEO for the past 33 years. Through his tenure, Thompson has overseen a number of changes at the credit union.

Originally called Nazarene Ministers' Credit Union, its charter was revised to allow it to make church loans in 1993. In 2003, its charter was expanded to serve members of Wesleyan-based ministries and affiliates, and the credit union changed its name to America's Christian CU.

The credit union now serves 132,000 members and more than 3,000 churches and ministries. ACCU also noted that, among his accomplishments, Thompson has helped more than 1,850 children get adopted through the credit union’s adoption loan program.

“It has been the honor of my life to have served the credit union and the community in this role,” Thompson said in a statement.

Thompson has also served as the mayor of Glendora and is currently a member of its city council with his term ending in March 2020.

ACCU’s board has retained the firm of CarterBaldwin to conduct a nationwide search for Thompson’s successor.

ACCU posted net income of about $3.7 million in 2018, a 21 percent decline from the prior year.