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DEFCU Leadership Announcement
Thursday, 03 June 2010 06:51
To continue to effectively manage and expand the operations of the DEFCU, the board has approved the creation of a Chief Executive Officer leadership role to help achieve the vision of the DEFCU becoming the preferred financial service provider for all members. In addition to ensuring the credit union’s financial stability, the leader will establish short- and long-term objectives, strategies and tactics to propel the DEFCU toward fulfilling its mission of providing superior value, unparalleled access and differentiated financial services to all members.


We are pleased to announce that Jim Kasch has been appointed as CEO of the DEFCU, effective May 3. Jim will be directly accountable to the DEFCU board of directors. His first priority will be to strategically plan and roll out a virtual credit union capable of reaching all Darden employees throughout North America. The rollout will include the establishment of a branch office at the Darden Restaurant Support Center.


Jim has been in the banking industry more than 15 years. He joins the DEFCU from Partners Federal Credit Union, which serves the employees and cast members of the Walt Disney Co. nationwide. As Vice President of Business Development and Strategic Alliances at Partners, Jim spearheaded new business models and launched a payroll card solution that improved member access to cash while saving $350,000 in operating expenses annually. He led teams in multiple markets to achieve or exceed production targets in membership, loan and deposit growth.


Jim has an associate’s degree in Marketing and a bachelor’s degree in Business Management and will receive his MBA from Stetson University this summer. He lives in Windermere with his wife and two children.


Please join us in welcoming Jim and wishing him well in his new role!