Golden 1 Hires New Senior Vice President/Chief Lending Officer

SACRAMENTO, Calif., July 11, 2013—Golden 1 Credit Union announced the hiring of Richard Musci as the new Senior Vice President and Chief Lending Officer for the credit union.

"We are excited to welcome Richard to the Golden 1 executive team," said Donna A. Bland, Golden 1’s President and CEO. “His extensive experience nd background in lending will be assets for Golden 1 as we continue to grow and serve our members."

Musci has more than 20 years of experience in the financial services industry. He previously held the Vice President/Chief Lending Products Officer position at Charles Schwab Bank in Reno, Nevada, and more recently was the Vice President of Retail Banking at E*Trade Financial in Arlington, Virginia. Musci holds a Bachelor's degree in political economy from the University of California at Berkeley, and completed the Management Program at Harvard Business School.

"Golden 1 has a great reputation for financial strength and member service," said Musci, "and I look forward to helping the credit union provide loan solutions that offer value and convenience to its members."

Golden 1 Credit Union is California’s leading credit union, with more than 80 branches, $8.2 billion in assets, and more than 640,000 members.