LOS ANGELES—The $1.2-billion University Credit Union has named Richard Wada president and CEO, the CU announced.
Board Chair Norma Iadevaia said Wada’s background and leadership approach align with the institution’s mission.
“The board is excited to welcome our new CEO/president, Richard Wada,” Iadevaia said, citing his strategic vision, commitment to member service, and support for higher education communities.
Wada joins University Credit Union from Patelco Credit Union, where he served as chief lending officer. Patelco ranks as the nation’s 28th largest credit union, with $9.5 billion in assets and more than 500,000 members.
Before joining Patelco in 2018, Wada held senior executive roles at Citibank, including global head of personal lending and head of U.S. retail consumer lending, with responsibilities spanning global and North American retail banking.