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Patelco hires Susan Gruber as Chief Financial Officer
PLEASANTON, CA (September 18, 2014) — Patelco Credit Union, one of California’s largest credit unions with more than $4 billion in assets, announced the hire today of Sue Gruber as Senior Vice President and Chief Financial Officer. Gruber will serve on Patelco’s Executive Team and report directly to President and CEO, Erin Mendez.
Gruber joins Patelco with more than 20 years of experience in finance and accounting within the financial services industry. She most recently served as Senior Vice President and Chief Financial Officer at Jeanne D’Arc Credit Union; a community chartered credit union in the Lowell, Massachusetts area with more than $1 billion in assets. At Jeanne D’Arc, Gruber led the accounting, budgeting, financial analysis, management & regulatory reporting, internal audit and insurance functions. Prior to Jeanne D’Arc, Gruber was a Vice President & Finance Officer of Derivative Operations at Bank of America, and the Vice President and Director of Strategic Analysis at Brown & Company Securities. She also held leadership roles in finance and accounting with State Street Bank, Fleet Financial Corporation, and BankBoston. In addition to her experience, Gruber has a B.S. in Accounting from St. Joseph’s University and a MBA in Finance from Boston University.
“Sue brings deep financial experience and leadership to Patelco that will serve our growing membership well,” said Mendez. “She’s an outstanding addition to our executive team and will help ensure Patelco continues to strengthen our position as a trusted financial leader and one of California’s strongest credit unions.
Gruber assumes the role previously filled by Scott Waite, who will transition to a new role as Executive Vice President, Strategic Planning and Special Projects, reporting to the CEO.
About Patelco Credit Union
Founded in 1936, Patelco Credit Union ranks among the largest credit unions in the nation and is the sixth largest in California with more than $4 billion in assets and 279,000 members. Throughout its 78-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. For more information, visit patelco.org.