Felder, Misasi, and Waite are elevated to Executive Vice President
Pleasanton, Calif., October 16, 2012 – Patelco Credit Union, a full-service financial institution with 40 branches throughout Northern California, has promoted three executives to senior management. Ron Felder was promoted from Senior Vice President to Executive Vice President, and Chief Credit and Risk Officer; Ryan Misasi will be assuming the role of Executive Vice President and Chief Retail Officer; and Scott Waite was promoted to Executive Vice President and Chief Financial Officer for Patelco Credit Union. Mr. Waite also serves as the Chief Executive Officer of Patelcorp, Inc., the investment and insurance arm of Patelco Credit Union.
“Building and strengthening our organization means regularly looking at our structure to see if we are aligned in the best manner to deliver on our business strategy. As such, I’m pleased to make these important announcements,” said Ken Burns, President and CEO of Patelco. “I have great faith in their ability and skills, and I am confident that Ron, Ryan and Scott will all continue to build upon their proven history of success.”
Mr. Felder, will be directing the lending, credit and collections related activities for the credit union. He has over 22 years of experience in consumer credit management. Prior to joining Patelco, he spent 4 years with Charles Schwab Bank where he managed the bank’s lending product portfolios including product strategy, development and profitability. Prior to joining Schwab, Mr. Felder was with Providian Financial Corporation where he served as Senior Vice President of Consumer Management Marketing with responsibility for profitability, planning and analysis for Providian’s existing customer relationships. Additionally, he has held several senior level positions in Credit, Collections and Corporate Risk Management. Mr. Felder has a B.S. in Business Administration with a Financial Management concentration from California Polytechnic State University, San Luis Obispo.
Mr. Misasi, previously held the role of Vice President of Sales, where he was responsible for directing the retail, sales, and branch operations. Mr. Misasi joined Patelco in 2009 with more than 15 years of experience in the field of sales and operations. Prior to joining Patelco, he spent 10 years with Wachovia/World Savings Bank where he held a series of management positions in locations throughout the United States. He was responsible for increased sales and leadership in the areas of lending, branch operations and other revenue-producing activities. Mr. Misasi has a B.S. in Economics from Saint Mary’s College of California.
Mr. Waite joined Patelco in 1994 and has served as the Chief Financial Officer for Patelco Credit Union for the past 15 years and 12 years as the Chief Executive Officer of Patelcorp, Inc., the investment and insurance arm of Patelco Credit Union. As the CEO of Patelcorp, Mr. Waite is responsible for the entity that provides investment and insurance products to Patelco’s members. Prior to joining Patelco, he was Chief Financial Officer for FAA Western Federal Credit Union in Los Angeles. Prior to that, Mr. Waite served as Vice President - Planning and Control Officer for First Interstate Bank and held a variety of positions over 10 years. He became the first representative from his industry to ever be appointed to the highly prestigious Advisory Council of the Financial Accounting Standards Board (FASB) in 2002. Mr. Waite is serving in his 10th year as Chairman of the Credit Union National Association’s Accounting Subcommittee and advises CUNA’s Washington office and the National Credit Union Administration on financial, accounting and regulatory matters facing the industry. In 2010, he was honored in Washington D.C. at the industry’s Trailblazer Awards as “CFO of the Year”. Mr. Waite is a graduate of the Executive Program at the Stanford University Graduate School of Business and received his B.A. from California State University, Los Angeles.
About Patelco Credit Union
Founded in 1936, Patelco Credit Union ranks among the largest credit unions in the nation and is the fifth largest in California with more than $3.7 billion in assets and 270,000 members. Throughout its 75-year history, Patelco has helped people and their communities prosper through volunteer initiatives and personalized service that focuses on transparency, simplicity in banking, and garnering trust. Patelco is a federally insured, not-for-profit, full-service credit union that offers the same types of products and services as large banks. Membership in Patelco is free and open to everyone. For more information, visit Patelco Credit Union at patelco.org.