North Jersey Federal Credit Union's Board of Director's announced yesterday that Anna Lo has been selected as its new Chief Executive Officer effective January 4, 2020.
Ms. Lo will replace the current CEO, Lourdes Cortez who is retiring after 37years of service at the Credit Union. Cortez has been engaged throughout the industry, recently becoming the CEO of the Year and has garnered a reputation for being committed to Diversity, member service, collaboration and forward-thinking. "We appreciateLourdes and her support during this transition, as well as, thank her for her dedicated service," stated Helen Mault, Chair of North Jersey Federal Credit Union's Board of Directors.
The change at the helm of the organization was a well-planned and deliberate process. “As we prepared for the retirement of Lourdes Cortez, the Board of Directors has been working very thoughtfully over the last year to fill the position of CEO/President. We developed a CEO leadership transition plan with Mitchell Stankovic & Associates to facilitate the process and ensure due diligence was given to this important selection. We came together as an entire Board to determine our direction. It was a very thorough process and the candidates we interviewed were exceptional,” said Ms. Mault.
The new CEO, Anna Lo, brings more than 20 years of diversified credit union executive management experience most recently as the Chief Executive Officer of Pacific Transportation FCU and as a examiner with NCUA and the Department of Financial Institutions with the State of California. “North Jersey Federal Credit Union has a treasured, meaningful past with an exciting and bright future,” said Lo. She added, “This is an important time for North Jersey Federal, and I look forward to building upon this rich foundation set by Lourdes and the Board. Under my leadership we will continue to pursue our number one goal– serving our membership and their communities.”