San Diego Metropolitan Credit Union on Tuesday said it has selected Lisa Paul-Hill to take over as the CU’s new president and CEO, effective April 1.
Paul-Hill will be succeeding the retiring Stan Abrams, who has served as METRO’s president and CEO since March 1, 2010. The $268 million credit union said in a statement Paul-Hill and Abrams will be “working closely through the end of March to ensure a smooth transition.”
Paul-Hill has more than 22 years of experience in the credit union industry – primarily serving at the executive and senior management level with a strong emphasis in consumer lending. During her career, Paul-Hill spent 18 years in senior management with San Diego County Credit Union and, most recently, was a key member of the executive team at North Island Credit Union in San Diego and Wescom Credit Union in Anaheim.
In addition, she previously held several industry volunteer positions, including the boards of Dealertrack Credit Union Advisory and TransUnion Credit Union Advisory.
“After a nationwide search, we are convinced we have selected a strong and experienced leader for the credit union,” said Bob Lawrence, chairman of the board of directors. “We are excited about what Ms. Paul-Hill will bring to the future of our historical credit union. We also want to thank Mr. Abrams for his enormous dedication and outstanding leadership to METRO. Under Stan’s leadership, and in working closely with the board of directors and his senior management team, strategies were implemented that substantially increased our capital and provided more products and services to our members.”
Said Abrams, “It has been an honor and privilege to serve as San Diego Metropolitan Credit Union’s president and CEO for the past seven years. After a credit union career spanning nearly 41 years and more than 25 years as a CEO, my wife and I look forward to my retirement so we may spend more time with our family and do more traveling.”
Paul-Hill is an active volunteer for the San Diego Make-A-Wish Foundation. She earned her Bachelor of Arts degree in business administration from the University of San Diego and received a full, four-year academic scholarship.
San Diego Metropolitan Credit Union has been in business since 1934 and serves approximately 18,000 members. In its most recent Call Report, it had more than $2.4 million in net income for 2016. Its net worth ratio as of Dec. 31, 2016 was 9.91% (“well capitalized”).