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CU System
New WOCCU chairman a seasoned vet of U.S. movement
REDWOOD CITY, Calif. (8/21/09)--The new chairman of the World Council of Credit Unions (WOCCU) is a seasoned veteran of the U.S. credit union movement.
Click to view larger image Barry Jolette, new World Council of Credit Unions chair, (left) accepts the chain of office from former chair Melvin Edwards at the World Credit Union Conference in Barcelona, Spain. (Photo provided by the World Council of Credit Unions)
Barry Jolette, president/CEO of San Mateo CU (SMCU) in Redwood City, Calif., was named chairman of the board of WOCCU during its World Credit Union Conference in Barcelona, Spain, July 28. Jolette, who served as Credit Union National Association chairman from 2001 to 2003, has been president/CEO of SMCU since 1987. He also received the California Credit Union League Distinguished Service Award and Leo H. Shapiro Lifetime Achievement Award in 1997. In 2007, he received the Herb Wegner Memorial Award for Lifetime achievement, the credit union industry’s highest national honor. “I have been involved in credit unions for most of my life, and it is so rewarding to see the credit union movement remain healthy and robust in spite of the economic challenges that may arise,” Jolette said. “Clearly, the credit union philosophy of ‘people helping people’ has proven its worth as a powerful financial tool.” SMCU has more than $600 million in assets.
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