Travis Credit Union President and CEO Barry Nelson, who started working at the Solano County facility in 2000, plans to retire in April 2022.
The credit union said Thursday that under Nelson, Travis Credit Union has become the 12th largest credit union in California, with 24 branches, $4.7 billion in assets and more than 217,000 members.
During his tenure, the nonprofit institution said Nelson supported the establishment of the Travis Credit Union Foundation in 2018. The vision was to create more free financial program opportunities for residents of key counties in the credit union, providing financial education. , financial advocacy and financial literacy.
After being hired, Nelson was promoted to senior vice president and chief financial officer in 2001, senior vice president and chief operating officer in 2006, and executive vice president in June 2013.
In August 2014, he was promoted to President and CEO. At that time, the credit union had total assets of $2.3 billion and 163,000 members.
“As I close my chapter with TCU, I am proud that we are a healthy and successful credit union,” Nelson said. “In my leadership role, I am fortunate to have worked with so many talented employees and volunteers who have helped create a forward-thinking organization focused on changing lives and improving communities through financial well-being. I am confident that Travis Credit Union’s Board of Directors and management team have a strong strategic plan and vision that will guide us through the next 70 years.
Based in Vacaville, the credit union serves Solano, Yolo, Sacramento, Placer, San Joaquin, Stanislaus, Napa, Contra Costa, Alameda, Sonoma, Colusa and Merced counties.
The credit union said it was preparing plans for the recruitment and selection of Nelson’s replacement.