Monterey Credit Union Announces New Chief Financial Officer

Monterey, California (October 9, 2023) – Monterey Credit Union is pleased to announce the selection of Sidney Cooper Jr. as the credit union’s new Chief Financial Officer.


Sidney has over 25 years of Accounting and Finance experience, including capital market experience as Senior Trader for Sumitomo Ltd and FHLB San Francisco, and as an Assistant Vice President of Countrywide Capital Markets. The last 15 years of Sidney’s career, he has been a part of the credit union movement as Senior Analyst with Mission Federal Credit Union and Vice President of Finance, Treasurer of Rogue Credit Union. Sidney is an advocate for financial literacy and has developed curriculums for Smart Start in Los Angeles and San Francisco. He has served on the Board for Court Appointed Support Advocates (CASA), Oregon Shakespeare Festival (OSF), and The Cooper Family Foundation for the celebration of Juneteenth.


Sideny Cooper Jr. is the newest Chief Financial Officer in Monterey Credit Union’s extensive history, succeeding James Penprase, who served as CFO for 35 years at our credit union. We wish James enjoyment and relaxation in his retirement, and we genuinely appreciate everything he has done for us, in his many years at our credit union.


About Monterey Credit Union
Founded in 1968, Monterey Credit Union has grown to more than 22,000 members. With our excellent volunteer Board and dedicated staff and management, Monterey Credit Union is well-positioned for further growth and development in the coming years.


Monterey Credit Union belongs to its members and the communities it serves. Anyone who lives, works, or worships in the counties of Monterey, San Benito, Santa Cruz, Santa Clara, or San Luis Obispo is eligible for membership. Members who move out of the area do not lose their Credit Union standing — you are a member for life! Our remote banking services ensure that wherever you go, you can still bank with us and enjoy quality, personalized member service. Though we’ve evolved over the years to keep pace with technology and our members’ changing financial needs, we haven’t lost our personal touch nor the dedication and commitment to the Monterey Peninsula or the Central Coast of California. Our strong growth and the smiles on our members’ faces tell us we’re doing something right.



Monday October 9, 2023

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