VACAVILLE — Patsy Van Ouwerkerk on Thursday announced she will retire this summer as CEO and president of Travis Credit Union.
Van Ouwerkerk has been in the credit union industry for 38 years and has served as Travis Credit Union’s top officer for 12 years. The credit union has its headquarters in Vacaville, has more than 161,000 members and has more than a $2.1 billion in assets.
The credit union’s board has unanimously selected Barry Nelson to become the next chief executive and president. Nelson serves as Travis Credit Union’s executive vice president, a credit union press release said.
“As you can imagine, it’s both an exciting and sad time,” Van Ouwerkerk said in an email sent to community leaders, adding that she loves her work but looks forward to having more time to become a better golfer, to volunteer and travel.
Travis Credit Union Board Chairwoman Pat Moreno praised Van Ouwerkerk.
“She has been instrumental in expanding TCU’s role as a model community steward and partner,” Moreno said in the credit union press release. “Her reputation in the business community as well as with local, state and federal officials is exceptional.”
During Van Ouwerkerk’s tenure, Travis Credit Union grew from $1.1 billion in assets to $2.1 billion and added 14 branches.
Van Ouwerkerk serves as chairwoman of the Solano Economic Development Corp. board of directors. Sandy Person, president of Solano EDC, said Van Ouwerkerk is the first woman to hold the position.
“Patsy Van Ouwerkerk sets the platinum standard for leadership in Solano County,” Person said.
Travis Credit Union puts a high value on its employees being involved with the community, Person said. She looks forward to Van Ouwerkerk being a volunteer beyond her retirement, she said.
The annual Women’s History Luncheon in March 2013 named Van Ouwerkerk its Woman of the Year.
Mark Creffield, executive director of the Vacaville Chamber of Commerce, said Van Ouwerkerk has been visible in the community. She served on the Chamber of Commerce board for six years starting in 2005 and served as chairwoman from 2008-09. She also served on the Travis Regional Armed Forces Committee.
“I wouldn’t say (her retirement announcement) came as a complete shock, but you never anticipate it,” Creffield said. “You think she’ll be there forever. I hope she stays in the area.”
Van Ouwerkerk praised Nelson.
“I am delighted that the board has selected Barry to succeed me. He has been instrumental in the growth and success of TCU,” Van Ouwerkerk said in the credit union press release.
Creffield noted that Nelson is on the Vacaville Chamber of Commerce board.
Nelson has worked in the credit union industry for 23 years. He has been on the Travis Credit Union management team since 2001 and has been involved in setting long-range strategies for the credit union, the press release said.
Reach Barry Eberling at 427-6929 or [email protected] Follow him on Twitter at www.twitter.com/beberlingdr.