CEFCU appoints John Meeker as new President/CEO
LA CAÑADA FLINTRIDGE, CA (January 9, 2024) — John Meeker, currently serving as CEFCU’s Senior Vice President and Chief Financial Officer, will assume the role of President and Chief Executive Officer starting April 2, 2024. He will succeed Rich Harris, who announced his retirement in April 2023 after 38 years of outstanding leadership as President/CEO of CEFCU.
“The Board of Directors is excited to announce John Meeker as our new President/CEO. John is an experienced credit union executive whose expertise, commitment, and passion have been critical factors in the success of our Credit Union,” said John Patterson, Chair of the Board of Directors. “I know that John’s leadership will be invaluable as we continue to provide outstanding value and service to our members.”
Patterson further emphasized, “His extensive financial knowledge and skills have helped successfully guide CEFCU through challenging economic times with a high level of competence and professionalism that will ensure the ongoing success of our financial institution.”
Since 1999, John has been a driving force in shaping CEFCU’s financial success, navigating competitive and volatile interest rate environments, as well as complex investment structures. In addition to his financial stewardship, he has established and maintains important partnerships with entities such as the Federal Reserve Bank and the Federal Home Loan Bank San Francisco.
His leadership has not only elevated CEFCU’s standing in the financial landscape but also has positioned the institution as a strong, stable, and secure organization. As a key member of CEFCU’s executive management team, John has significantly contributed to defining the strategic goals and initiatives that maintain our tradition of stability, security, and trust and embody the principles of superior financial value and unsurpassed member service.
John received a Bachelor of Arts in Economics as well as a Master of Business Administration in Finance and Accounting from Fairleigh Dickinson University in Madison, New Jersey. John’s new role marks a significant chapter in CEFCU’s journey, ensuring continued leadership, uninterrupted member service, and strategic direction under his skilled guidance.
John Meeker is incoming President/CEO after serving CEFCU for almost 25 years.
About Caltech Employees Federal Credit Union
Caltech Employees Federal Credit Union (CEFCU) is headquartered in La Cañada Flintridge with more than 37,000-member accounts and assets over $2 billion. CEFCU was established in 1950 by seven employees in a small office on the Jet Propulsion Laboratory facilities. Today, CEFCU has 75 employees and four branch offices. Their locations are at 528 Foothill Blvd., La Cañada Flintridge; behind the secured gates of JPL; on Caltech’s campus; and, a Real Estate Loan Center at 801 Foothill Blvd., La Cañada Flintridge.
CEFCU serves an exclusive field of membership which is open to the California Institute of Technology community and its affiliate organizations. This includes eligible employees, registered volunteers and students of the California Institute of Technology (Caltech), Jet Propulsion Laboratory (JPL), The Huntington Library, Art Museum, and Botanical Gardens, Polytechnic School, Child Educational Center (CEC) and members of other Caltech and JPL based clubs and organizations. Immediate family of a current member is also eligible for membership.
CEFCU provides a wide-range of real estate and consumer loans, as well as convenient account access through eBranch (online access system), mobile app, ATMs, along with a Drive-Up Teller at the La Cañada office. Members can apply for a consumer or real estate loan online. Our team of dedicated employees are ready to assist members in-person or on the phone through a loan request, processing of a loan payment, issuing a check, or assisting in online account access.
Unlike many other financial institutions, CEFCU does not exist to simply grow profits. Every savings possible is passed along to members in the form of higher savings dividends and lower loan rates. Loan options include new and used vehicles, Mastercard®, personal loans and lines of credit, share secured, first and second trust deeds, and home equity lines of credit.
Learn more at www.cefcu.org
