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Mission Federal Credit Union Announces New President/Chief Executive Officer

SAN DIEGO, Sep 16, 2008 (allCUnews) -- Dr. Don Shelton, Chairman of the Board of Directors of Mission Federal Credit Union, announced today the board has selected Debra Schwartz as the new President and CEO of Mission Federal Credit Union. Schwartz has been serving in the dual role as Interim CEO and Executive Vice President since the April 2008 retirement of former President and CEO Ron Martin.
"We are extremely pleased to welcome Debra Schwartz as Mission Federal Credit Union's new President and CEO," said Dr. Don Shelton. "Debra's leadership abilities, financial management experience, and operational expertise provide an excellent foundation on which to assume her elevated responsibilities."

Schwartz is a seasoned credit union executive with more than 25 years of financial services leadership experience. In her most recent executive leadership role with Mission Federal, Schwartz led the Senior Management Team in facilitating operational efficiencies, implementing enterprise risk management protocols, realizing significant cost savings through contract renegotiations, as well as, recruiting and hiring key staff.

"We are confident in Debra's leadership, vision and understanding of Mission Federal's organizational values and membership needs," noted Shelton. "She will continue to lead our credit union in its mission to provide outstanding customer service and support to our valued membership and will ensure Mission Federal's continued success."
Prior to joining Mission Federal, Schwartz served in senior executive positions as Chief Financial Officer at First Future Credit Union, and as Executive Vice President at San Diego County Credit Union, both San Diego-based institutions. She also held previous operational and finance leadership positions at other area financial institutions. Ms. Schwartz earned a Master of Business Administration degree from the University of Southern California's Marshall School of Business and a Bachelor of Science degree, magna cum laude, in Economics and Marketing from the State University of New York.
About Mission Federal Credit Union
Mission Federal Credit Union is a progressive member-owned organization providing high quality financial and related services to meet the needs of a growing and diverse membership base. With $1.8 billion in assets, 23 branches, and over 127,000 members, Mission Federal is one of the largest credit unions in San Diego County. Mission Federal enhances the lives of its members through education and lifelong financial services. In addition, Mission Federal contributes to hundreds of non-profit educational and community organizations. To learn more, visit www.missionfcu.org.
SOURCE: Mission Federal Credit Union
Mission Federal Credit Union
Media Contact:
Tricia M. Link, 1-800-500-6328