Suncoast’s Renderos chosen as chair of the board of trustees for TCU

Julie Renderos, executive vice president and chief financial 0fficer of Suncoast Credit Union in Florida was named chair of the Board of Trustees for the Trust for Credit Unions (TCU) at the organization’s quarterly meeting earlier this month. TCU is the largest mutual fund family created for and by credit unions.

Julie was previously vice-chair, served on TCU’s Audit Committee since 2015, and has remained an active participant in the Callahan Credit Union Financial Services Limited Partnership (CUFSLP), the administrator of TCU. She also earned her certified credit union executive designation and is a certified public accountant licensed in the state of Florida.

TCU released a comment from Juli in response to the election: “The current environment has shown clearly why TCU’s industry-specific investment options were created. As more credit unions seek out alternative investments, TCU is serving a critical role and I’m pleased to be leading my fellow Trustees as this collaborative solution delivers value to a growing investor base.”

Erin Mendez, president/CEO of Patelco Credit Union, based in California, was named vice-chair and has served on TCU’s Board of Trustees since 2019.

TCU is the largest family of institutional mutual funds created specifically for credit unions’ unique investment needs and began a new chapter in its history by welcoming ALM First Financial Advisors, Inc. as the funds’ new investment advisor in 2017.

TCU helps credit unions succeed by providing a professionally managed family of mutual funds exclusive to credit unions. Created by leading credit unions and with oversight by a board of trustees, TCU’s mutual fund options keep credit unions invested, are professionally managed and are based on the cooperative values of credit unions.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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