Bay Federal Credit Union Promotes Rhodes to Vice President/Chief Lending Officer

CAPITOLA, Calif.--Bay Federal Credit Union has promoted Megan Rhodes to Vice President/Chief Lending Officer, following a decade of demonstrating strong leadership of mortgage and consumer lending production and operations at the credit union, the CU said. With Rhodes’s promotion comes more responsibility in strategic planning for all areas of lending. Her primary goals include designing a business lending program for the credit union and deepening relationships with existing members by identifying their needs and developing loan products to meet those needs, the CU said.. “In the financial world, Bay Federal stands apart,” Rhodes said. “Not only do we have strong leadership and dedicated employees, but everyone who works here truly cares about the people in our community and wants to help them be successful in their financial lives. I’m honored to be a part of this credit union each day.” "Rhodes joined Bay Federal in 2008 with two decades of mortgage lending experience under her belt. Her impact at the credit union has been far-reaching, from record growth to helping members one-on-one. Under her leadership, new technologies have been implemented to streamline processes and funding operations are now entirely electronic. During the recession, Rhodes was instrumental in developing loan preservation programs that allowed members to keep their homes and vehicles. These programs are still in use today," the CU said.