California and Pennsylvania credit unions appoint new CEOs
Nav Khanna became the new president/CEO of First City Credit Union on Monday, succeeding Jim Miller, who retired after 13 years with the Altadena, Calif.-based financial cooperative.
Miller served as First City’s CFO from 2008 until he was named CEO in 2017. During his tenure as CEO, the credit union grew its assets from $634 million in 2017 to $932 million. dollars at the end of the first quarter of this year, while the number of members increased from 58,507 to 61,292, at the end of the first quarter, NCUA call reports showed.
Khanna has over 30 years of experience in the financial services industry, working in global and domestic financial services since 1990 and in the credit union industry since 2001.
Most recently, he served as COO and CFO of the $4.7 billion Travis Credit Union in Vacaville, California. , according to his LinkedIn profile page.
“Nav stood out among a very strong set of candidates and demonstrated a vision for the future of First City, focused on improving the financial lives of our members and their communities,” said the board chairman. of First City directors, Dr. Michael Steinberger, in a prepared statement. “We are excited about what Nav brings to First City.”
Earlier this month, Daniel Wolford was named president and CEO of the Lebanon Federal Credit Union in Lebanon, Pennsylvania.
He succeeded Jeffery Trickett, who retired after 26 years of service. After serving as the credit union’s vice president of operations and technology for nearly 16 years, Trickett was named CEO in 2012. During his tenure as CEO, the credit union grew its assets by $171 million. million in 2012 to 397 million at the end of the first quarter of this year, while the number of members increased from 21,941 to 30,744 at the end of the first quarter, according to NCUA Call Reports.
Wolford joined Lebanon in 2003 as a Member Services Specialist. After becoming branch manager in 2009, he was promoted to director of business loans and mortgages in 2014 and senior loan manager a year later, according to his LinkedIn profile page. In 2016, he was named EVP ahead of his appointment as CEO on June 1.