Parker Cann to Retire From BECU

Long-time industry veteran, Parker Cann, has announced that he will retire from BECU at the end of 2016.

Cann joined BECU as Senior Vice President and General Counsel in May 2009. He has dedicated more than 20 years of service to the credit union industry. Prior to joining BECU, Cann served as President/CEO of Columbia Credit Union, Vancouver, Washington, as well as the head credit union regulator at the Washington State Department of Financial Institutions. While at DFI, Parker strengthened the Division of Credit Unions and streamlined the state’s credit union statute and rules, particularly in regard to field of membership and MBL. He has been heavily involved with the National Association of State Credit Union Supervisors (NASCUS) since his days as a credit union regulator. For the last three years, Parker has served on the board of directors of the Northwest Credit Union Association.

“Parker’s counsel has enabled BECU to meet the demands of the times. He has built a strong Governance, Risk, and Compliance team to support the credit union’s growth” said BECU President/CEO, Benson Porter. “With his extensive background and experience, Parker has been able to provide valuable insight into legislative, regulatory and corporate governance matters affecting BECU and the industry.  He has played a key role in helping to shape the Washington State Credit Union Act over the last 20 years.”

Effective November 1, John Stewart, who joined BECU one year ago as Vice President of Enterprise Risk, will be promoted to Senior Vice President, Chief Risk Officer to lead the team of legal, risk and compliance professionals.

Prior to BECU, Stewart spent five years as the Chief Risk Officer for the Federal Home Loan Bank of Seattle. He is a lecturer for the University of Washington and a board member for the Institute for Family Development in Seattle

Also effective November 1, Mike Ryan, BECU Vice President and Deputy General Counsel will be promoted to Vice President and General Counsel.

Questions about this story? Contact Eric Horvath: 503.350.2222, ehorvath@nwcua.org.

Posted in NWCUA.