How did you get into the credit union field?

I moved to the credit union industry by complete accident. After building very successful teams and business units only to see them dismantled through two bank mergers in the late 1990s, I decided it was time for change.

So you started in commercial banking?

I started my career at Security Pacific Bank in the early 1980s, at the time the second largest bank in the state. I left a couple of years before they were merged and then worked for two other very large organizations, both of which were subsequently merged.

What’s the best aspect of being a credit union officer as opposed to a commercial banker?

My team and I are inspired by the opportunity and the privilege of helping members reach their financial dreams.

The worst?

The worst aspect is the regulatory limitations that constrain our ability to serve the members. An example is the limitation placed on member business lending. We are limited to slightly over 12 percent of our assets in this area. We are fast reaching that limit and unless there is regulatory relief we may have to place an artificial halt to the growth in this important area.

What has been the biggest change in the field during the past five years?

Technology has been extremely transformative. The mobile technology, payment systems, etc., have transformed our business for the better. Now our members can deposit checks, pay bills, transfer money to their friends and between their accounts, and much more, all through their hand-held smartphone. We believe the technological advancements have placed us in a very favorable competitive footing with the very large financial players

What was the worst day in your career?

I would say it wasn’t a day but a period when the financial crisis had so destabilized the environment that even the conservative organizations like credit unions were swept up in the storm.

What was the best day?

The best period was when within a few days after my daughter was born and I was selected as the chief executive of Financial Partners Credit Union.

What’s the best advice you’ve ever received?

About 20 years ago when I was a territory leader at a large bank, my mentor at the time said to me, “Whatever you do in your career, make a difference.” I feel my team and I are making a positive difference in our members’ lives.

NADER MOGHADDAM, 54

Chief Executive

Financial Partners Credit Union, Downey

YEARS IN POSITION: 8

RESIDENCE: Laguna Hills

FAMILY: Married to Atossa; they have an 8-year-old daughter.

ACTIVITIES: Hiking and reading books on history.