Steve Bob called as director of the Church of the Brethren Credit Union.

Steve Bob, who currently is serving as executive director of the Fox Valley Micro Loan Fund, has accepted the position of director of the Church of the Brethren Credit Union, beginning Nov. 3. In this role, he will serve on the Brethren Benefit Trust's senior management team.

Bob's responsibilities will include oversight of the credit union's daily operations and development of several new services, including online banking and bill pay.

Since February 2007, he has been responsible for directing the Fox Valley Micro Loan Fund in providing microloans of up to $50,000 to businesses that are unable to access traditional sources of loans. From 2001-07, he served as director of World Relief's Micro Enterprise program in Nashville, Tenn. In that role he was responsible for a loan fund that made 70 loans worth $650,000; he also supervised an Individual Development Account program that served 400 clients with a net community impact of $6 million in assets purchased. From 1996-2001, he was finance manager for The Enterprise Center in Philadelphia.

Bob is a graduate of North Park University, Chicago, Ill. He holds a master's of Business Administration in economic development from Eastern University, St. Davids, Pa. He was born and raised in Quito, Ecuador, to missionary parents, and is a member of the Evangelical Covenant Church of Elgin.

Source: 10/23/2008 Newsline Extra