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Saturday, Jun 25, 2022
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SchoolsFirst Names New President

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Tustin-based SchoolsFirst FCU, the largest credit union in Orange County, announced it’s splitting the current roles of president and chief executive. Bill Cheney, who currently holds both positions, is ceding the president title to Jose Lara, who has been with the Credit Union for nearly 30 years. Lara, who started as manager of the Placentia branch, most recently served as chief operating officer. “Jose’s commitment to the credit union movement, its principles and his passion for championing our mission of delivering world-class personal service and financial security will help lead our growing and thriving credit union,” Cheney said in a statement. Additionally, the credit union announced the promotion of three senior leaders who will report directly to Lara: Carol Rose, executive vice president, Member service operations; Kevin Martin, executive vice president, strategic integration and Member experience; and Jim Phillips, executive vice president, chief information officer.SchoolsFirst reported assets climbed 20% to $25.9 billion for the year ended June 30.

Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.

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