Trust for Credit Unions re-elects Board Chair & Vice Chair
WASHINGTON, DC (February 1, 2018) — Trust for Credit Unions (TCU), the oldest and largest mutual fund family created for and by credit unions, re-elected Jim Regan as Chair and Julie Renderos as Vice Chair at their January Trustees meeting.
Jim Regan is the President & Chief Executive Officer of Digital Federal Credit Union (DCU). He has been an active participant in the Callahan Credit Union Financial Services Limited Partnership (CUFSLP), the administrator of TCU, for nearly 15 years and has been a part of the credit union community since 1992. Regan has served on the TCU board since 2013.
Julie Renderos is the Executive Vice President and Chief Financial Officer of Suncoast Credit Union and has more than 20 years of experience in the financial services industry. Renderos has served on the Audit Committee for TCU since 2015 and has been an active participant in CUFSLP. She also earned her Certified Credit Union Executive designation and is a Certified Public Accountant licensed in the state of Florida.
In response to his recent election, Regan says “TCU has been providing credit union specific investment options for 30 years and recently began a new chapter in its history by welcoming ALM First Financial Advisors, Inc. as the funds’ new investment advisor. I believe the industry needs to continue to develop investment vehicles that fit credit unions’ unique needs, and TCU provides a great platform for doing just that.”
The Trustees are a vital component of TCU’s organizational structure in their role as fiduciaries for investors. They oversee the performance of all the service providers and insure that compliance and risk management practices are always up to date.
Trustees are elected by the shareholders. The combination of credit union experience and independence reflects both the cooperative design and SEC regulations for Trustee selection.
The five other trustees currently serving are:
Rudy Hanley: Former President and Chief Executive Officer, SchoolsFirst Credit Union
Stan Hollen: Former President and Chief Executive Officer, Co-Op Financial Services
Gary Oakland: Former President and Chief Executive Officer, BECU
Bucky Sebastian: Former President and Chief Executive Officer, GTE FCU and Executive Director, National Credit Union Foundation
Michael Steinberger: Associate Professor and Department Chair, Pomona College, Department of Economics
TCU helps credit unions succeed in serving their members by providing a professionally managed family of mutual funds — exclusive to credit unions — as well as the information and analysis they need to support investment decisions. Created by some of the leading credit unions with oversight by a board of trustees, TCU’s mutual fund options keep credit unions always invested, are professionally managed, and are based on the cooperative values of credit unions.
In addition to the mutual fund products TCU offers, credit union professionals can also take advantage of a wide range of educational investment information and resources, including daily and monthly market commentaries. For more information, visit www.trustcu.com or contact TCU at 800-CFS-5678.
About Trust for Credit Unions (TCU)
The Trust for Credit Unions (TCU) is a family of institutional mutual funds offered exclusively to credit unions. Callahan Financial Services is a wholly owned subsidiary of Callahan & Associates and is the distributor of the TCU mutual funds. ALM First Financial Advisors, LLC is the investment adviser of the TCU mutual funds. To obtain a prospectus that contains detailed fund information including investment policies, risk considerations, charges and expenses, call Callahan Financial Services, Inc. at 800-CFS-5678. Please read the prospectus carefully.
For questions, please call the TCU Group at 1-800-237-5678.
