WPCCU announces Barry Roach as the New President/CEO
Water and Power Community Credit Union named Barry Roach as President/CEO to replace long-time leader, Carl Stewart. The board of directors conducted a rigorous search and is proud to announce his arrival. Mr. Roach joins the credit union after four years as CEO of a thriving northern California credit union. He will be charged with leading our organization to new heights while continuing the long history of helping our members solve life’s financial challenges. “We are thankful to have had Carl Stewart’s leadership to guide WPCCU for so many years. As we face the future, we are confident Barry Roach will deliver the best financial solutions with superior service to our membership” said Board Chair, Belinda Walker.
Throughout September, Water and Power Community Credit Union (WPCCU) is raising funds with the support of our members for Children’s Hospital Los Angeles, our local Children’s Miracle Network hospital. WPCCU’s theme during a month-long Miracle Jeans campaign is “Donate a dollar. Deliver a miracle.” Every dollar raised helps pay for life-saving procedures and equipment such as a child’s heart valve at an average of $65,000, a neonatal intensive care unit bed that averages $41,000 or a brainstem MRI that costs $16,000.
Identity theft has been on the rise for the past 14 years and adults are not the only ones falling victim to this crime. According to the Identity Theft Assistance Center, one in 40 families with children under 18 has had at least one child’s personal information compromised. WPCCU invites the community to bring boxes of paper clutter to be securely shredded and then recycled. In honor of National Credit Union Youth Month, attendees will learn about the credit union’s free resources that help members teach children about responsible financial habits.
In celebration of the 2015 National Credit Union Youth Month, sponsored by Credit Union National Association (CUNA). Water and Power Community Credit Union will reach out to its youngest members (up to 17 years of age), their parents, and to the local community about the importance of a financial education. As an added touch, this year WPCCU will help parents learn how to safeguard their children’s financial identities, a quickly growing area of identity theft.
Water and Power Community Credit Union (WPCCU) has named Wesley Walton as Vice President of Finance and Information Technology effective April 9. Walton will oversee the credit union’s accounting, finance, information technology and investment functions.
Water and Power Community Credit Union (WPCCU) will host free paper shredding events for the public at its four branch locations on Friday, April 25, and Saturday, April 26. WPCCU’s goal is to recycle 10,000 lbs of paper collected from the four branches.
“A Woman’s Journey to Lifetime Income,” hosted by WPCCU’s CFS* Financial Advisor, Madison Luu, will feature speaker Michelle O’Haren, JD, CPA, a Certified Retirement Counselor,® and a retirement resource consultant for Pacific Life. O’Haren will address retirement and wealth management issues specific to women.
When I bought my first home back in 1978 for a mere $26,000, it was saddled with a traditional, 30-year fixed mortgage; the kind of mortgage my parents had, and their parents before them. Unlike my parents, I stayed in my home just seven years, typical of the amount of time that most of us stay in a home after purchase. Another difference, I refinanced my first mortgage with another 30-year-fixed loan to cash out equity for a remodeling project at just 3.5 years into my first mortgage.
After a three-month-long fundraiser and matching funds from CO-OP Financial Services, Water and Power Community Credit Union raised more than $9,300 to benefit Children’s Hospital Los Angeles. The “Love Your Credit Union for Kids” Fundraiser caught the attention of members when they visited WPCCU branches this summer. A variety of small “cutie” bears decorated the branches, and when members made a $5 donation they got to take one home.
Water and Power Community Credit Community Credit Union (WPCCU) announced that its investment services group, with registered representatives affiliated with broker‐dealer and Registered Investment Adviser CUSO Financial Services, LP (CFS) was a recent recipient of CFS’ 2011 Breakthrough Award at CFS’ “Chart Your Course 2012” Annual Conference, held July 8‐11 in San Diego, Calif. The award recognizes the significant growth of a credit union’s investment and insurance program revenues throughout the year. This is the second consecutive year that WPCCU’s investment team has been recognized with this award.
WPCCU is holding a three-month long fundraiser in association with Credit Unions for Kids to benefit Children’s Hospital Los Angeles. Every year, Children’s Hospital Los Angeles treats more than 96,000 children. WPCCU is supporting this cause by raising funds to help local children continue to receive lifesaving care.