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Patelco Credit Union Elects John Rubino to Chair its Board

(San Francisco, CA - August 7, 2006) Andrew Hunter, President and CEO of Patelco Credit Union, among the largest credit unions in the country, recently announced the election of long-standing board member, John Rubino, to the position of Chairman of its Board of Directors.

"For almost ten years John has brought a valuable perspective to opportunities within the industry and with Patelco in particular," remarked Mr. Hunter. "We're proud to have him take on the role of Chairman and look forward to many more productive years with him on our team."

Mr. Rubino first began to work with Patelco while serving as the Senior Vice President of Human Resources at Walgreens, the nation's leading drugstore chain. In this role, he improved Walgreens training, development, and planning systems. Additionally, he implemented the industry's first broad-based stock option plans and deferred compensation programs. Prior to Walgreens, he worked for several major corporations including Continental Airlines, Kroger, and Bell and Howell.

Active in his community, Mr. Rubino has served on the Board of Trustees for LaRabida Children's Hospital for 20 years, most recently as Vice Chairman. He also served on the Board of Trinity High School, a distinguished single gender school for girls in River Forest Illinois, for 6 years. He earned his undergraduate degree in International Money and Banking from Georgetown University.

San Francisco-based Patelco Credit Union is a national credit union serving over 220,000 members nationwide. Formed in 1936 Patelco now has $3.8 billion in assets and ranks among the largest credit unions in the nation.


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