Board of Directors (3 year terms) Chris Otey, Chuck Garland, Tom Light
Supervisory Committee (3 year term) Perry Lynn
Chris Otey, 3 Year Term
Currently serving as SBCU’s Board Chair, Chris has been a credit union volunteer since 2008. He has fifteen years’ experience working in the credit union and banking industry which provides him with a unique insight to further the development of SBCU. As Chief Revenue Officer for CU 2.0, he engages with over thirty different credit unions every year and attends dozens of industry related conferences that help him to stay current on challenges and opportunities
facing credit unions. He has presented at national conferences on topics ranging from retail delivery channels to regulatory compliance. He currently
resides in North Redondo Beach and has been a South Bay resident for over ten years.
Chris is also involved in the community through other voluntary activities, as AYSO Region 18 head coach and division coordinator, and as a walking school bus coordinator for the Beach Cities Health District Bluezone project.
His vision for SBCU is to see it grow conservatively, and attract new, younger members. He believes we can leverage the strong leadership and member relationships we currently have while expanding to offer cost effective services to a new generation of South Bay residents.
Chuck Garland, 3 Year Term
Chuck is retired from teaching 4th grade in the Palos Verdes school district. Prior to his teaching career, he spent thirty years as an international marketing executive in the consumer electronics business, and 22 years as an officer in the US Naval reserve. He holds a Bachelor of Science degree from Linfield College in Oregon, an MBA from Pepperdine University and a California teaching credential from Cal State Dominguez Hills. Chuck is a long-time resident of Palos Verdes and is active in community affairs through his service on the Palos Verdes Estates Traffic Safety Committee and various committees in his church.
Currently serving as SBCU’s Board Secretary, Chuck became a member of SBCU in 2011 but has been familiar with the Credit Union since becoming involved with PVPUSD. Chuck is also a long standing member of the Navy Federal Credit Union.
Chuck believes SBCU has grown nicely under the current management team over the past years. He would like to see the Credit Union continue to grow slowly and effectively serve members through the use of new technologies and excellent personal service.
Tom Light, 3 Year Term
Tom has been a volunteer with South Bay Credit Union since 2016. As a former executive with Hewlett Packard, he brings a broad business background focused on corporate sales. Tom has also served the community as a volunteer for Peninsula Committee for Children’s Hospital as well as Bay Shore Church.
Tom has resided in Palos Verdes for over 20 years. Now retired from his corporate career, Tom enjoys living actively outdoors whether he’s gardening, exercising or playing golf.
Perry Lynn, 3 Year Term Supervisory Committee
Perry has been a volunteer with South Bay Credit Union since 2000 and currently serves on the Supervisory Committee. He holds Bachelor’s and Master’s degrees from Colorado State University and a Certificate in Industrial Relations from UCLA. During his 35-year teaching career, he taught Government, History, and Economics for Palos Verdes High School and Palos Verdes Peninsula High School. He also served in a variety of leadership positions prior to retiring in 2003.
As a resident of Torrance since 1968, Perry’s vision for South Bay Credit Union is to see the membership grow while maintaining a high degree of services. As a member of the Supervisory Committee, he believes it is important to ensure SBCU operates in a manner that both protects the members’ financial well-being and ensures the financial stability and growth of the Credit Union.
Board of Directors
Our all-volunteer Board of Directors is made of members who lend their managerial and financial expertise to help guide the direction and mission of the credit union. Most adult members in good standing may run for election for a three-year term on the board of directors. At least one of the seats typically come up for election each year. Find out more about our current candidates here.
Meet our current Board Members or read below how you can become a candidate, vote, or just get more information about our board.
What does a board member do?
Board members are responsible for setting policies, approving budgets, and helping to direct the key strategies for the credit union. They evaluate operations and maintain financial performance standards for the credit union. They are also responsible for appointing the credit union’s President/CEO, who reports directly to the Board. Board positions are voluntary and unpaid; however, expenses related to Board business are paid for by the credit union.
Who can be a board member?
Candidates must be members in good standing and have served as a volunteer on the Supervisory Committee, Asset Liability Management Committee or as an Associate Director; be at least 18 years of age; be willing to agree to a criminal background check and a credit check, and be bondable.
What does it take to be a board member?
Candidates should possess the personal qualities that are needed to enable them to serve the Credit Union well. They should be honest, unselfish and act for the good of the Credit Union’s members. They should be interested in the Credit Union and sufficiently generous to give their own time and skills to the affairs of the Credit Union. They must have the ability to understand and must be able to think for themselves.
How long does each board member serve?
The terms are for three years. Board members typically devote a minimum of approximately 6 – 8 hours per month to credit union business, including attending monthly Board meetings at our headquarters in Redondo Beach. Additional time may be spent gathering information and training. Courses of study are available to Board members to help them learn more about the operation of a financial institution.
What are the benefits of being a board member?
You’ll be a representative voice for your fellow members and have a direct say in the overall direction of the credit union. You gain knowledge and experience about the running of a financial institution, strategic planning, and the credit union movement. Board members may also attend conferences and seminars on credit union topics in various locations throughout the country. It is a great way to become part of a unique organization that affects the financial lives of thousands of members.