Santa Clara County Federal Credit Union on Friday said it has concluded a “robust” executive search and named Rebecca Reynolds Lytle as its new CEO.
Lytle will take over the helm of the $733 million institution, based in San Jose, Calif., on July 17. She currently serves as chief lending officer and SVP across the Bay at $1 billion San Francisco Federal Credit Union.
The National Credit Union Administration information page names Scott Bolster as Santa Clara County FCU’s current manager. On SCCFCU’s website the credit union identifies a management team, no CEO, with Bolster, its senior vice president of finance/IT, listed on top.
The board of directors for Santa Clara County FCU said Lytle brings more than 35 years of financial services experience, during which she has “earned a reputation for building high-performance teams providing exceptional member experiences.” For the last 24 years, she has held progressive executive leadership positions with successful San Francisco Area credit unions, the board said in a statement.
“She hit the right points for the board with her leadership style, and extensive experience and knowledge of the local market,” said Peter Ng, chairman of County Federal’s board. “We believe she will be able to effect a great deal of positive change and growth for us.”
Lytle has won awards for her innovation and influence in shaping the future of the credit union industry. She is a past president of the El Camino Chapter of the California Credit Union League and actively participates in several industry organizations.
“I am drawn to County Federal’s strong focus on its members and its solid prospects for growth,” Lytle said.
County Federal serves county, city and school employees and affiliated organizations via six branches and more than 100 employees. The CU reported more than $7.3 million in income in its 2016 Call Report. As of Dec. 31, 2016 its net worth ratio was 9.24 percent, making it “well capitalized.”
