Kevin Jones, the longtime CEO of MidFlorida Credit Union in Lakeland, Florida, will retire on March 1.
Jones will be succeeded by S. Steve Moseley, MidFlorida’s president the past four years.
“Prior to hiring Kevin, the credit union was at a crossroads and a decision had to be made about whether to shrink or grow to resolve some of the issues. When Kevin started, he immediately resolved to grow our way out and never looked back,” Chet Brojek, a board member, said in a press release.
Jones, 65, took the helm of the credit union 30 years ago when it had about $100 million of assets and helped grow the institution to about $6 billion of assets today. MidFlorida has 60 branches serving more than 408,000 members.
Some of MidFlorida’s growth came with the 2019 acquisition of the $730 million-asset
MidFlorida completed 15 credit union mergers during Jones’s tenure.
Jones oversaw the expansion of the credit union’s charter over the years to serve anyone who lives, works, worships or attends school in 55 of Florida's 67 counties.
Before being named president in 2017, Moseley held several roles with the credit union since joining in 1997. His past roles include chief financial officer and executive president of MidFlorida’s financial services division.
“Steve’s role has been essential to MidFlorida’s growth and success for nearly 25 years. It’s the right time to pass him the mantle of leadership,” Jones said in the press release.
Jones worked closely with Moseley on the transition and will continue to be a special advisor through at least August, MidFlorida said.
MidFlorida Credit Union earned $62.6 million in the first nine months of 2021, a 116% increase from a year earlier, according to call report data from the National Credit Union Administration.
