BECU Welcomes Melba Bartels as Chief Financial Officer

30-year financial veteran to join credit union’s executive team in May 2017

SEATTLE--()--BECU, Washington state’s largest credit union, announced today that Melba Bartels will join the company as chief financial officer (CFO), effective May 1, 2017. She will oversee BECU’s accounting and treasury teams.

“She will be a key contributor to our business strategy, which is focused on enhancing the member experience and reinforcing the unique culture that sets BECU apart.”

“Melba’s deep knowledge and experience within the financial industry, paired with her thoughtful leadership style, made her the right choice to join our executive team as CFO,” said Benson Porter, CEO of BECU. “She will be a key contributor to our business strategy, which is focused on enhancing the member experience and reinforcing the unique culture that sets BECU apart.”

Bartels currently serves as CFO and senior executive vice president at HomeStreet Bank, based in Seattle. Since 2015, she has been responsible for all aspects of financial management within HomeStreet Bank with an asset base of more than $6 billion.

Before HomeStreet Bank, Bartels spent six years at JPMorgan Chase, serving as CFO of the Auto Finance and Student Lending Division, and senior vice president and finance director for the Auto Finance Division. She held numerous financial leadership positions during 20 years of service at Washington Mutual Bank, overseeing corporate financial strategy, planning and analysis, mergers and acquisitions, business development, finance technology and treasury. Additionally, she spent two years at Ragen Mackenzie Group, Inc., where she served as a sell side equity analyst.

Bartels graduated from the University of Washington with an MBA and a Bachelor of Arts in finance.

BECU is a not-for-profit credit union owned by its members. Members receive the benefits of ownership through better rates and fewer fees. With more than 1 million members and over $16 billion in assets, BECU is the largest credit union in Washington and one of the top five financial cooperatives in the country. BECU currently operates more than 45 locations in Washington and two financial centers in South Carolina. For more information, visit www.becu.org.

Contacts

BECU
Bethany Hawley, 206-439-5919
bethany.hawley@becu.org

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Release Summary

BECU, Washington state’s largest credit union, announced today that Melba Bartels will join the company as chief financial officer (CFO), effective May 1, 2017.