Board of Directors Cites Pomar’s Leadership in Enabling ECCU to Pivot to a Full-Service Consumer Credit Union as Key Driver in His Appointment.
BREA, Calif., Feb. 16, 2016 – Evangelical Christian Credit Union (ECCU) is pleased to announce the appointment of Abel Pomar as President and Chief Executive Officer, a move intended to further accelerate its transition to a diversified, full-service financial institution, offering its members a full range of both consumer and commercial products and services.
"Mr. Pomar is the right person for the job,” said Van C. Elliott, chair, ECCU board of directors. “We are thrilled that he has accepted this role, and are encouraged by his commitment to further advance ECCU's mission—to fuel Christ-centered ministry worldwide."
Pomar joined ECCU in August 2014 as Chief Operations Officer from Bank of America, where he led the delivery of regulatory compliance change and transformation initiatives across the enterprise. During his seven years at Bank of America, Pomar held various leadership positions, including roles in global marketing and corporate affairs, technology delivery, mergers and acquisitions, change management, strategic planning and continuous improvement, and finance.
Pomar’s experience in banking regulations, compliance and process improvement brought needed expertise as ECCU elevated its focus on consumer banking, and committed to delivering improved efficiencies, in an effort to deliver greater value to its members. The credit union initiated its transition to a full-service consumer credit union model with a series of new product offerings in 2015, including auto loans and retirement planning. ECCU further advanced its commitment to consumers late last year with the launch of a digital banking platform and mobile banking app comparable to that of any large financial institution.
“Since joining ECCU, I have been encouraged by the commitment and dedication of the many talented employees at ECCU. The organization remains focused on introducing the products and services our members need to enhance their financial health,” Pomar said. “We remain dedicated to building on the successes of 2015, in delivering products and services that are easily accessible, competitive and a smart banking choice for Evangelical Christians living in the United States, traveling internationally or conducting missionary work globally.”
Mr. Pomar holds a bachelor’s degree in operations management and a MBA with a concentration in finance from California State University, Los Angeles.