Pasadena Federal Credit Union in California has named Christopher O’Malley as its new president and CEO.
The $164 million-asset institution said on Thursday that O’Malley most recently served as senior vice president of retail delivery and chief information officer at $1.1 billion-asset IQ Credit Union of Vancouver, Wash.
O’Malley, who has 25 years of experience in the financial services industry, has also held senior leadership positions at the $1.4 billion-asset Altura Credit Union of Riverside, Calif., Citibank, Wachovia and Zions Bank.
O’Malley was placed at Pasadena by O’Rourke & Associates, an executive search and consulting firm based in South San Francisco, Calif.
O’Malley will succeed Ron Berry, who is retiring.
“I am very grateful to the board of directors for the incredible opportunity to lead a credit union that is steeped in a culture of community commitment, having a progressive vision to deliver on services that enrich the financial well-being of its members,” O’Malley said in a statement.
The outgoing Berry joined the credit union industry in the early 1980s and became president and CEO of Pasadena in March 2008.
Pasadena posted net income of $648,992 for the first nine months of 2018, after recording a net loss of $113,169 in the same period of 2017.
