Dakota Plains CU Announces Retirement of CEO
by CUAD Communications
6/15/2020

Dakota Plains Credit Union (DPCU) has announced the approaching retirement of their current CEO, Mike Reisnour. Mike has been a strong advocate for the credit union industry, after beginning his career in 1997 at First Community CU in Jamestown. In 2011, he became the CEO of Dakota Plains after the retirement of Tim Brown. Under his leadership, the credit union has continued to grow to its current level of more than $80M in assets and over 4,400 members.

Over the years, Mike has been a true volunteer spirit for our greater credit union community. He has served as a director on the CUAD Board, chaired the ND Governmental Affairs Committee for nine years, chaired the Credit Union Foundation of the Dakotas Board, served as ND CULAC Trustee, and was a founding member of the CUAD Healthcare Trust Board of Trustees.

“Mike Reisnour truly walks the walk and talks the talk when it comes to advocating for credit unions and promoting the credit union movement,” stated Jeff Olson, President/CEO of Credit Union Association of the Dakotas. “He epitomizes what a successful credit union grassroots advocate should and can be. Throughout his years of tireless support, Mike dedicated his efforts to ensure that Dakota credit unions continue to have a strong and relevant voice, and an active and vibrant association. I will certainly miss his support and leadership,” Olson concluded.  

With the approaching retirement this fall, DPCU has begun their search for the next President/CEO. Headquartered in Edgeley, North Dakota, the credit union also has branches in Ellendale and Enderlin. DPCU prioritizes members’ consumer needs, managing and growing a strong agricultural/commercial lending portfolio. The President/CEO position requires active participation in the community that promotes DPCU's visibility and continued growth.

In addition, the new President/CEO must have the ability to work collaboratively with the Board of Directors in defining DPCU’s strategic direction and must be an experienced executive who can provide outstanding leadership and direction, while overseeing the safety and soundness of the credit union's financial structure. The Board of Directors is seeking an individual with a proven track record of excellence, a high degree of integrity, and excellent communications skills. A thorough understanding of agriculture, commercial, mortgage and consumer lending is required.

A minimum of three years of experience as a senior officer of a financial institution or five years senior management experience in a financial institution of equal or greater size is desired. Educational background with bachelor's degree in business, finance or a related field from an accredited college or university is preferred.

For confidential consideration, please submit resume to DakotaPlainsCU@ahoconsulting.com.

 

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