Annual Report & Meeting

Each year brings an opportunity to connect, reflect, and improve.

 

The Credit Union's 2025 Annual Meeting will take place on Thursday, April 24, 2025, at 3 p.m. Pacific Time, at 2300 Clayton Road, Suite 700, Concord, CA, and also via webcast. Instructions for how to join the meeting via webcast will be provided no later than April 15, 2025.

A Special Nominating Committee of Chevron Federal Credit Union (parent company of Spectrum Credit Union) has nominated five members for the Credit Union’s Board of Directors.

Nomination by petition is also available to all members in good standing who wish to volunteer their time to serve on the Board. Petitions must be signed by 500 members. The Credit Union must receive petitions no later than Friday, March 14, 2025. Please contact Alan Gin for information on the petition process.

Candidates’ names will be posted in all Credit Union branches on Wednesday, March 19, 2025. If the number of nominees equals the number of positions to be filled, the election will not be conducted by ballot, and there will be no nominations from the floor.

Nominee for Term Expiring in 2027

Jon Berlin

It has been a great privilege to serve Chevron Federal Credit Union’s membership as President/CEO since 2018. I am grateful for the close partnership with the Board and staff as we have worked towards achieving our vision of becoming the premier and most trusted financial services partner for our members and the sponsor communities we serve. Prior to my current role, I served as the Credit Union’s EVP of Sales and Service for two years, held a variety of leadership roles during a 15-year tenure with a large financial institution, and advised Fortune 500 clients for seven years as a management and economic consultant. I look forward to the continued scaling of new heights with the Credit Union’s member experience, financial position, and operational effectiveness.

Nominees for Term Expiring in 2028

Daniel Abate

I have been a member of the Chevron Federal Credit Union for over 30 years, where I have volunteered in different capacities since 2019. I have held positions at Chevron with increasing responsibility in engineering, strategy/planning, corporate roles, and finance across the globe and am confident that my contributions will be valuable to the Board and the members. I am enthusiastic about the opportunity to contribute to the growth and success of the Credit Union and am eager to bring my skills and expertise to the table.

Bill Clutter

I have been a member of Chevron Federal Credit Union since 1985, and I have served as a volunteer since 2004. My first volunteer role with the Credit Union was on the Supervisory Committee from 2004 through 2007. For the past 17 years, I have been a member of the Board of Directors. As a Board member, I am committed to ensuring the Credit Union retains its financial strength while continuing to provide competitive products and services responsive to member needs.

Billy Liu

It has been my pleasure to serve on the Board over the past several years, and I hope to have the privilege to continue. I bring 20+ years of experience across a variety of functions ranging from pricing, supply chain, optimization, sales, and marketing working across a few different industries. As a generalist, I look forward to bringing a different perspective to the Board, leveraging the Credit Union’s strong finances while growing and adapting to better serve the needs of our members and communities.

Douglas Thompson

I have been a member of the Credit Union since 2011 and a volunteer since the 2012 merger with Spectrum. I became an Associate Director in August 2016 and, with your support, was elected a Director the following year. My professional experience of commercial execution of mega projects in the engineering and construction industry for 18 years and as a sole proprietor of other successful businesses in real estate and agriculture provides a varied background to support my role as a Director. I look forward to continuing to provide my perspective in support of the Board’s responsibilities to our membership through the sustained success of the Credit Union.

Our Annual Report keeps us informed and enables us to act on our goals. The Annual Report contains a joint letter from our Board President and our CEO, Credit Union stats and highlights for the year, multiple member spotlights, a snapshot of the year's financial statements, and a report from our Supervisory Committee. 

To view the Credit Union's 2023 Annual Report, please click here.

 

During our Annual Meeting, Executives, Board members, and Supervisory Committee members share updates and discuss important priorities for the Credit Union with employees and fellow members. Our 2024 Annual Meeting was held Wednesday, April 24, 2024.

For your convenience, a recording of the Credit Union’s 2024 Annual Meeting is available for viewing below. It is 40 minutes and 23 seconds long.
 

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