DuPont Community Credit Union (DCCU) announced that current President/CEO Gerald B. Hershey will retire effective March 2017.
Since beginning his career with DCCU in 1989, Hershey has held a number of positions at the credit union before being chosen as President/CEO in 2000. When he began his tenure as president, DCCU consisted of six branches, 31,000 members and $280 million in assets. The credit union now boasts 12 branches, an operations center, 80,000 members and $1.1 billion in assets. Hershey had also worked to expand DCCU's field-of-membership from the single Augusta County to six counties and five independent cities.
"[Hershey's] sound leadership has allowed DCCU to keep pace with the evolving needs of our membership while maintaining financial stability with a deep commitment to member service and the community," said Everett J. Campbell, Jr., chairman of the board.
The DCCU Board announced that Steve F. Elkins, executive VP and COO will succeed Hershey as president/CEO. Elkins, who has worked in a DCCU leadership role for 13 years, has served as Vice President and Senior Vice President of the Finance, Retail, Lending and Commercial Services and Marketing divisions at DCCU.
"We are quite pleased to have an internal candidate such as Steve to continue the vision and direction that DCCU's leadership has established," Campbell said.
