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Sierra Central history
Sierra Central company history timeline
Beale Credit Union opened in 1955 when fifteen members of the Air Force each invested one hundred dollars to form the credit union that would serve military and civilian personnel.
The next step in our history took place in 1963 when the Shasta Cascade Credit Union was chartered in Redding, California.
Beale and Shasta Cascade merged in 1981 forming what is now known as the Sierra Central Credit Union.
Membership rose to 75,000 by 1991, assets increased to $182 million and the organization boasted a loan portfolio of $182 million.
Assets continued to grow during the next five years, reaching $242 million in 1999.
Late in 1999, the Board of Directors took the first step in what some still call a miraculous recovery, hiring Ron Sweeney as a consultant for the financial institution.
In January 2000 the Board of Directors, after an extensive national search, made another decision hiring, Great Western Bank / Washington Mutual Bank Manager, John Cassidy as Chief Executive Officer.
The dynamic team they built provided the leadership needed to almost double the financial institution’s asset base from $242 million to $420 million by 2006.
By the end of 2014, Sierra Central’s membership base was at 61,000.
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Sierra Central competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cincinnati Bancorp | 1922 | $17.8M | 74 | - |
| ECCU | 1964 | $26.0M | 200 | - |
| NVE Bank | 1887 | $24.9M | 50 | - |
| Legacy National Bank | 2005 | $3.2M | 50 | 4 |
| Old National Bank | 1834 | $347.9M | 2,901 | 590 |
| Central One Federal Credit Union | 1952 | $17.5M | 85 | - |
| ASE Credit Union | 1954 | $9.3M | 125 | 6 |
| Great Western Bank | 1935 | $491.7M | 1,500 | 7 |
| Metropolitan National Bank | - | $4.5M | 125 | - |
| Peninsula Bank | - | $46.0M | 85 | - |
Sierra Central history FAQs
Zippia gives an in-depth look into the details of Sierra Central, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sierra Central. The employee data is based on information from people who have self-reported their past or current employments at Sierra Central. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sierra Central. The data presented on this page does not represent the view of Sierra Central and its employees or that of Zippia.
Sierra Central may also be known as or be related to Sierra Central Credit Union and Sierra Central.