Ron McDaniel Named CEO At California CU

February 23, 2004, 1:00 a.m. EST 1 Min Read

Ron McDaniel, known to many within credit unions for his work as past chairman of the California league and on the CUNA board, has been named as president and CEO of California Credit Union. McDaniel was previously CEO at Point Mugu Federal Credit Union, where he served as president for nineteen years and as senior vice president for three years. Under McDaniel's leadership, PMFCU grew from $47 million in assets to $235 million in assets.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Enforcement

Fed kicks two bank employees out of the industry for crimes

Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.

By Kate Berry

3m ago
Artificial intelligence

How M&T Bank ensures data quality as it implements gen AI

Andrew Foster, the bank's chief data officer, explained how he has been instilling data discipline across the organization and making the bank's data AI-ready.

By Penny Crosman

24m ago
Regulation and compliance

OCC reverts to tiered bank supervision, reversing earlier move

The Office of the Comptroller of the Currency will announce Senior staffers overseeing large, regional and community banks early next month, apparently reversing the unified approach to supervision it implemented earlier in the year.

By Ebrima Santos Sanneh

32m ago
Politics and policy

How the Trump administration has neutralized the CFPB

Acting CFPB Director Russ Vought has managed to neuter the Consumer Financial Protection Bureau through a series of actions. Senate Banking Committee Chairman Tim Scott, R-S.C., played a major role by cutting funding in half.

By Kate Berry

8h ago
Monetary policy

More rate cuts eyed as Fed zeroes in on soft labor market

Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.

By Maria Volkova

September 17
Bank stocks

Bank stocks rise on Fed's first rate cut of 2025

The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.

By Allissa Kline

September 17