IE Business Daily Business news for the Inland Empire.
Mark Hawkins, president and chief executive officer of Altura Credit Union, is retiring.
Hawkins will step down Feb. 17 after the board of directors selects his replacement, according to a statement posted on Altura’s website.
Under Hawkins’ 29 years of leadership, Altura became the largest credit union based in the Inland Empire.
The Riverside-based financial institution, which started in 1957 as a credit union for employees of the Riverside Unified School District, currently boasts $1.2 billion in assets, 13 branch offices, 116,000 members and 375 employees, according to the statement.
“Over the years Mark Hawkins has repeatedly demonstrated his commitment to Altura’s Members and the community at large,” said Ofelia Valdez-Yeager, Altura’s board chairman, in the statement. “We have some big shoes to fill. Making our job easier is knowing that Mark is turning over a financial institution that is strong and well positioned to meet the needs of our members and our communities.”
The search for Hawkins’ successor is expected to take six to eight months. John M. Floyd & Associates, a Baytown, Texas consulting firm that specializes in bank and credit union recruiting, is helping Altura with the search, according to the statement.
