|
|
Article: Tough guy in charge at Golden 1. (Stan Hollen, chief executive of Golden 1 Credit Union)
- Article from:
- American Banker
- Article date:
- March 13, 1995
- Author:
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Stan Hollen has turned Golden 1 Credit Union into an 800-pound gorilla.
Since he took the reins in 1984, Mr. Hollen has extended Golden 1's reach throughout California, more than quintupled its assets, and introduced automation that makes the institution a "fine-tuned lending machine."
The success of Golden 1 - California's largest credit union, with $1.6 billion of assets - has been accompanied by protests from banks as well as other credit unions.
Mr. Hollen, who describes himself as tough, makes no apologies.
"We're a lot more aggressive than the average credit union, but we're not the average credit union," said Golden 1's 45-year-old ...