Callan Named Commercial Lending Manager

OGDEN, UT: September 4, 2013– Goldenwest recently announced Paul Callan, a 37-year banking industry veteran, has been named manager of the credit union’s growing commercial lending department.

In addition to his management responsibilities, Callan facilitates commercial financing programs for business owners throughout Utah. His office is located at the Goldenwest Corporate Center in South Ogden.

Prior to joining Goldenwest in 2011 as a commercial loan officer, Callan was employed by Barnes Bank for 13 years. His extensive background includes working in commercial lending at First Interstate Bank and Walker Bank.

Callan earned an undergraduate degree from Brigham Young University and a MBA from Utah State University. He has completed numerous commercial lending and cash flow analysis courses via the American Institute of Banking and RMA Omega.

About Goldenwest Federal Credit Union

Founded in 1936, the Ogden-based credit union currently holds $845 million in assets and operates 21 branches with offices in Weber, Morgan, Davis, Salt Lake, Utah and Washington Counties. Goldenwest is a leading provider of consumer loans, mortgages, free checking services and deposit products throughout Utah.

In July 2013, Goldenwest and USU Credit Unions jointly announced their intent to merge. USU Credit Union is based in Logan, holds $139 million in assets and operates five branches located Cache and Box Elder Counties. USU Credit Union will retain their familiar 56 year-old brand, and operate as a division of Goldenwest. The merger is expected to be complete before the end of the year.