Water & Power Community Credit Union named Barry Roach as President and CEO to replace long-time leader, Carl Stewart. The board of directors conducted a rigorous search and is proud to announce the hiring of their new President and CEO. Mr. Roach joins the nearly $600M credit union in Los Angeles after four years as chief executive of a thriving northern California credit union and he will be charged with leading the organization to new heights while continuing the long history of helping its members solve life’s financial challenges. “We are thankful to have had Carl Stewart’s leadership to guide Water & Power Community Credit Union 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.
As President and CEO of SafeAmerica Credit Union ($439M), Mr. Roach helped the organization achieve a significant net income turnaround and improvement in financial strength while maintaining a commitment to service excellence. Fiscal year 2015 marked the most successful in SafeAmerica’s history with record levels of membership, lending activity, net income and capital. The strategic focus on team culture and technical infrastructure have been the catalysts of this growth.
Barry launched his career in Canada where he obtained his Master of Business Administration in Financial Services. Mr. Roach spent twenty years with Canadian Imperial Bank of Commerce (CIBC) in progressive positions focused on implementing national sales and marketing programs before he was recruited to Meriwest Credit Union ($1.3B), in San Jose, California. At Meriwest, he headed the Retail Delivery group and established new member service activities and leadership principles that stimulated business growth and process efficiencies.
Barry and his wife, Wendy, live in Southern California with their two children. They look forward to being a part of the Water & Power community.