After a nationwide search, the Seattle Metropolitan Credit Union Board of Directors is pleased to announce the selection of Richard Romero as the Credit Union’s new Chief Executive Officer. Mr. Romero will become just the fourth CEO in SMCU’s 79-year history.
He holds a Bachelor of Science in Organizational Management from the University of La Verne in Los Angeles County, California. He is also fluent in Spanish.
Romero is expected to start his duties as CEO in mid-February.
We got a chance to chat with him about why he chose SMCU and what he sees on the horizon.
We also like a family-friendly city that offers activities for both adults and children. Having worked in Seattle on and off, I was familiar with the city and was excited to return.”
Romero has over 24 years of financial services experience having started in the financial services industry in 1988 as a part-time teller at Great Western Bank. Most recently he was the Chief Operations Officer at $820MM Los Angeles Firemen’s Credit Union (LAFCU) from 2004 to 2012. As LAFCU’s COO he led teams responsible for consumer lending, member services, operations, call center, facilities, real estate and business services, commercial lending and information technology.
He sees a strong similarity between SMCU and LAFCU.
For the last 12 years, Romero has worked in the credit union world having been hired as the Director of Branches at Telesis Community Credit Union in 2000. He admitted that he didn’t really appreciate the difference between credit unions and banks until he made the switch.
He was subsequently promoted to Vice President at Telesis and took that experience to LAFCU in 2004. He believes that having a wide range of experience will help him lead SMCU.
Romero understands that the job won’t be easy. The new realities of the financial world have changed the landscape for everyone.
Even with these challenges, he feels that SMCU is in a prime position for growth and is ready to make a difference.
SMCU is excited to bring Mr. Romero onboard, and we wish him a long and successful career with Seattle Metropolitan Credit Union.
Read the official press release