SESLOC hires Clarence Cabreros as new chief lending officer
SESLOC Federal Credit Union has named longtime local financial leader Clarence Cabreros as senior vice president and chief lending officer.
Cabreros’ financial services experience spans 20 years including posts at Heritage Oaks Bank, Rabobank and Mid-State Bank and Trust in San Luis Obispo and Santa Barbara counties.
A 40-year resident of San Luis Obispo County and Cal Poly graduate, Cabreros has extensive local market knowledge and proven expertise in lending. As chief lending officer, Cabreros will oversee SESLOC’s established auto loan, mortgage, and home equity line of credit (HELOC) services, and will expand SESLOC products to include commercial real estate loans, custom home construction loans, and business lending.
He holds a graduate degree from the Pacific Coast Banking School at the University of Washington and has served on the boards of the San Luis Obispo County Housing Trust Fund, Home Builders Association of the Central Coast, and Santa Maria Chamber of Commerce. Cabreros is the current president of the Arroyo Grande High School Eagle Athletic Foundation.
“We are delighted to welcome Clarence to the SESLOC family,” said Geri LaChance, president and CEO for SESLOC Federal Credit Union. “His deep roots, community passion and lending skills make him a perfect fit for us,” she said.
SESLOC Federal Credit Union, with 38,000 members, 120 employees and assets of $647 million, has been serving people in San Luis Obispo County since 1942. It is a full-service financial institution with branch locations in San Luis Obispo, Paso Robles, Arroyo Grande and Atascadero. For more information on SESLOC, visit www.sesloc.org.