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News Now

CU System
Patelco CEO To Resign
PLEASANTON, Calif. (3/19/13)--Patelco CU President/CEO Ken Burns announced Monday that he will be leaving the Pleasanton, Calif.-based credit union.

"He will continue to lead the credit union over the next several months to ensure a smooth transition until a new CEO is secured," said a spokesperson for the $3.9 billion asset credit union.

Burns joined Patelco in 2009 "with the objective to turnaround the credit union during an economically challenging time in the nation," the spokesperson told News Now. "During his tenure, the credit union achieved its best performing year (2012) in the organization's history."

The spokesperson also said that "Patelco appreciates Ken's leadership, and we are thankful for his ongoing assistance during this transition. We remain committed to be the pre-eminent financial service provider to our valued members and community."


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