Dale Kimble, the longtime chief executive at DATCU Credit Union in Texas, has announced his intention to step down at year-end, capping 16 years at the helm.
DATCU said in a press release that Kimble announced his retirement to its board and employees in late summer. Glen McKenzie, president at DATCU, will succeed Kimble as CEO in January. McKenzie in 2013 was promoted to president after the board
"I've been with the same management team for over ten years and am confident that DATCU is well positioned for continued, strategic growth in the future," Kimble said in the release.
During Kimble's tenure as CEO, the credit union has grown from $186 million to $868 million in assets, grown four to 10 branches and seen membership rise from 40,000 to more than 88,000 members.
Kimble has had "a distinguished career and is an outstanding leader that led our organization to new and greater heights," said Dr. Derrell Bulls, a past chairman and director emeritus at DATCU.
Texas Gov. Rick Perry appointed Kimble to serve on the Texas State Credit Union Commission from 2006 through 2013, and the Texas Credit Union League (now a part of the Cornerstone CU League) honored Kimble as Professional of the Year in 2013.
The credit union will hold a reception to honor Kimble and his 40-year career in financial services at its headquarters in Corinth, Texas, on Dec. 8.