Southland Credit Union announced that Thomas Lent will become its new president and CEO, succeeding Ferris R. Foster, current president and CEO, effective January 1, 2017.
Walter Finnigan, the chairman of the board of Southland, explained in a statement that Lent follows the credit union’s succession plan, “ensuring the continuity of exceptional leadership.”
Southland Credit Union announced that Thomas Lent will become its new president and CEO, succeeding Ferris R. Foster, current president and CEO, effective January 1, 2017.
Walter Finnigan, the chairman of the board of Southland, explained in a statement that Lent follows the credit union’s succession plan, “ensuring the continuity of exceptional leadership.”
“We are confident that Tom is the right caliber of leader to guide Southland to continued future success,” Finnigan said. “He brings a wealth of knowledge and he is highly respected in the credit union industry. I know our members will benefit greatly with his leadership.”
Lent served as EVP and CFO of Southland Credit Union for the past eight years, overseeing the finance and lending divisions, and has over 30 years of experience in the financial services industry. He is a CPA and a past partner at McGladrey & Pullen (RSM US), the fifth largest CPA firm in the nation.
“I firmly believe in our mission of providing valuable financial services for our members and I look forward to working with my fellow industry leaders in advancing the credit union movement,” said Lent.
About Southland Credit Union
Southland Credit Union is a $592 million credit union that serves more than 55,000 members in Orange County and portions of Los Angeles County. Operating as a not-for-profit financial cooperative, Southland’s mission is to provide exceptional member service resulting in superior financial strength, convenience and valued solutions. For more information, visit www.southlandcu.org.