Edition: June 2004



 Local Lender$

 By Richard Acello



California Coast Credit Union Details

California Coast Credit Union
P.O. Box 502080
San Diego, CA 92150-2080
Contact: René McKee, v.p. marketing
Phone: (858) 495-1600
Email: rmckee@calcoastcu.org

 President and CEO: James McPheters, 60

 Date opened for business: April 13, 1929

  • Assets as of latest quarter: $770 million

  • Capital (accumulated earnings): $68 million

  • ROA: 0.91 percent

  • Core capital as percentage of assets: 8.9 percent

  • Provision for loan losses: $864,927

  • Plant the flag: Seven branches and plans for three more

  • Employment: 225

  • Directors: Robert Altman, retired principal; Nancy Bailey, CPA; Barbara Brooks, retired principal; Bruce Husson, COO for high school district; Richard Knott, school district administrator; Robert McCommins, retired community college dean; Robert Michaels, community college administrator; Ruth Peshkoff, human resources administrator; Fred Schwartz, retired community college professor.

  • Key personnel: Senior V.P. Member Services Kathy Cady; V.P. Operations Lori Duran; CFO/ V.P. Finance Ken Horton; V.P. Professional Development Victoria Kuebler; V.P. Marketing René McKee; V.P. Lending Gene Shabinaw; Senior V.P. Administrative Services Jean Sweeney.

  • Niche or target customer: California Coast Credit Union serves the local educational community, including students, school employees, alumni, PTA members and their families.; V.P. Lending Gene Shabinaw; Senior V.P. Administrative Services Jean Sweeney.

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