Everything Co-op With Vernon Oakes

August 11, 2022 Everything Co-op continues its recognition of the 2022 Cooperative Hall of Fame Inductees, with Gary Oakland, former Executive Director of BECU. Vernon and Gary discuss his 32-year career at BECU, and how he helped grow BECU to become the 4th largest Credit Union in the Country. After earning a degree in economics from Washington State University in 1975, Gary started his cooperative journey as a teller at Seattle Telco Federal Credit Union. He went on to work for BECU in 1980 where he began his 32-year tenure, first as Director of Finance and then as CEO in 1986. When he took over BECU, it had around $700 million in assets. Gary helped grow Washington-based BECU to the 4th largest credit union in the country, with 700,000 members and $10 billion in assets when he retired as CEO in 2012. While Gary led BECU to unprecedented growth, it was his commitment to improving the financial lives of members and serving the needs of other cooperatives and communities, that make him a true cooperator. He