October 24, 2008
RaAnn Wood Appointed Deputy Commissioner, Credit Unions
RaAnn Wood, 50, of Alta Loma, has been appointed deputy commissioner of the division of credit unions at the Department of Financial Institutions. Since 2004, she has served as president and chief executive officer of the California Center Credit Union. Prior to that, Wood worked as the professional networks manager for the California Credit Union League from 1997 to 2004. From 1993 to 1997, she was a mortgage loan compliance officer for Provident Savings Bank and, from 1986 to 1993, Wood was the assistant vice president of training and compliance for Heritage Thrift and Loan. She is a member of the Rancho Cucamonga Chamber of Commerce and serves as vice president and small credit union advocate for the Mount Baldy Chapter of the California Credit Union League. This position does not require Senate confirmation and the compensation is $99,000. Wood is a Republican.