Banking

South Bay Credit Union hires new president and CEO

South Bay Credit Union in Redondo Beach, California, has hired Paris Chevalier as its president and CEO after a national search.

The credit union’s previous president, Jennifer Oliver, moved to a role at Municipal Credit Union in New York last year. Maricela Jauregui has been interim president since Oliver’s departure, and will remain in charge of customer experience after Chevalier arrives on Aug. 9.

Chevalier was previously chief experience officer at University & State Employees Credit Union in San Diego. Before she joined USE in 2019, she worked as Xceed Financial Credit Union’s vice president of marketing, and as its communications and chief experience officer.

South Bay Credit Union has hired Paris Chevalier as its president and CEO.

Of South Bay’s 9,000 members, 76% use online banking, and 92% communicate with the credit union solely by email or text.
South Bay’s branches were rarely crowded during the pandemic, Jauregui said. The organization offered members Microsoft Teams video conference software if they did not want to go into a branch. Now the credit union is poised to jump to a new level of growth.

South Bay Credit Union opened in 1953. It manages assets of about $135 million. The credit union runs three branches in Redondo Beach and Lomita.



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