Two Industry Leading Women Elected as Trust for Credit Unions’ Chair, Vice Chair


Washington, D.C. – The Board of Trustees for the Trust for Credit Unions (TCU), the largest mutual fund family created for and by credit unions, elected Julie Renderos as Chair and Erin Mendez as Vice Chair at their quarterly meeting earlier this month.

Julie Renderos is the Executive Vice President and Chief Financial Officer of Suncoast Credit Union and has more than 20 years of experience in the financial services industry. Renderos was previously Vice Chair, served on TCU’s Audit Committee since 2015, and has remained an active participant in the Callahan Credit Union Financial Services Limited Partnership (CUFSLP), the administrator of TCU. She also earned her Certified Credit Union Executive designation and is a Certified Public Accountant licensed in the state of Florida.

In response to her recent election, Renderos says “The current environment has shown clearly why TCU’s industry specific investment options were created. As more credit unions seek out alternative investments, TCU is serving a critical role and I’m pleased to be leading my fellow Trustees as this collaborative solution delivers value to a growing investor base.”

Erin Mendez is the President/CEO of Patelco Credit Union and has served on TCU’s Board of Trustees since 2019. She is also active in CUFSLP and brings a wealth of industry knowledge and leadership to TCU. “I’m excited to take on this new role of Vice Chair,” said Mendez. “TCU has built a strong history of performance for over 30 years. Together with my fellow Trustees, I look forward to continuing to deliver value to our investors.”

TCU is the largest family of institutional mutual funds created specifically for credit unions’ unique investment needs and began a new chapter in its history by welcoming ALM First Financial Advisors, Inc. as the funds’ new investment advisor in 2017.

The trustees are a vital component of TCU’s organizational and governance structure. On behalf of TCU’s credit union investors, the Board of Trustees oversees the performance of each service provider and monitors risk management. “Their ability to take the long view of TCU’s role in supporting credit unions is critical to our success,” said Jay Johnson, President of TCU. “The Board of Trustees ensures that the best interest of our investors is the dominant factor in every discussion.”

TCU helps credit unions succeed by providing a professionally managed family of mutual funds — exclusive to credit unions — as well as the information and analysis they need to support investment decisions. Created by leading credit unions and with oversight by a board of trustees, TCU’s mutual fund options keep credit unions invested, are professionally managed, and are based on the cooperative values of credit unions. 

More information about the TCU portfolios may be found on our website,

About Trust for Credit Unions

The Trust for Credit Unions (TCU) is a family of institutional mutual funds offered exclusively to credit unions. Callahan Financial Servicesis a wholly owned subsidiary of Callahan & Associates and is the distributor of the TCU mutual funds. ALM First Financial Advisors, LLC is the investment adviser of the TCU mutual funds. To obtain a prospectus that contains detailed fund information including investment policies, risk considerations, charges and expenses, call Callahan Financial Services, Inc. at 800-CFS-5678. Please read the prospectus carefully.

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