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Thursday, Nov 21, 2024

Credit Union Names New Chief Executive

Van Nuys-based Los Angeles Police Federal Credit Union named John Roemer as its president and chief executive. Roemer replaced Ed Hada, who is retiring.

Roemer now oversees the 43,000-member organization, which has $1.4 billion in assets. LAPFCU is exclusively for law enforcement personnel and their family members in Southern California.

“We are excited to welcome Mr. Roemer to LAPFCU,” Andre Plummer, the chair of LAPFCU’s Board of Directors, said in a statement. “John’s proven leadership skills and extensive knowledge strengthen our commitment to enhance the quality of life for law enforcement professionals and their families. John has shown an impressive dedication to member service and organizational growth and stability in his past positions. We look forward to future success with John at the helm.”

Roemer has more than 35 years of financial institution experience. Before joining LAPFCU, he was the executive vice president and chief strategy and communications officer at Logix Federal Credit Union. He has also held leadership roles at other financial institutions.

“I appreciate the confidence that the board has in me to lead LAPFCU. Our members are true heroes. They are also people with financial dreams — of homeownership, a better quality of life, secure retirement, and more,” Roemer said in a statement. “We are here to provide them with the tools they need to succeed and help them achieve those dreams. I look forward to continuing LAPFCU’s already strong performance by focusing on an unmatched membership experience. I feel privileged to have the opportunity to focus exclusively on the needs and wants of our law enforcement community and make a positive impact on their future.”

Roemer assumed his new role late last month.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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