New credit union CEOs announced.

Mark Decello will take over the CEO's office at the KEMBA Financial Credit Union in Columbus, Ohio starting Nov. 1, while Shawn Gilfedder began his CEO job at the Kitsap Credit Union in Bremerton, Wash., on Oct. 1.

Decello will succeed current longtime President/CEO Jerry Guy who will retire on April 30, 2019.

Mark Decello

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Under Guy's 30 years of executive leadership, KEMBA grew to become the largest credit union in Central Ohio, managing more than $1.2 billion in assets, serving 102,000 members and operating 11 branches.

"Jerry has been a distinguished leader for KEMBA and an influential force in the credit union movement," Donna Folberth, KEMBA's board chair, said. "His substantial contributions will be recognized for years to come, and he will be missed."

Decello joined KEMBA in 2009 and has served as the credit union's executive vice president and COO since 2011.

Before coming to KEMBA, Decello was the owner and president of Assurance Banc Corp. Inc. in Dublin, Ohio for eight years. He also served in various executive positions for the former National City Bank, now PNC Bank, and Beneficial Finance.

Shawn Gilfedder

At Kitsap CU, Gilfedder replaces Elliot Gregg, who will continue as president emeritus and will retire in January 2019 after serving nearly two decades as CEO.

Gilfedder served for more than a decade as president/CEO of the $420 million, 22,658-member McGraw-Hill Federal Credit Union in East Windsor, N.J., where he expanded membership by more than 100% and grew the credit union's assets by 150%, according to Kitsap CU.

Throughout his career, Gilfedder established various financial literacy, education and scholarship initiatives. During his tenure at McGraw-Hill FCU, for example, he promoted financial education through his launch of the VOICE Foundation for the credit union's charitable activities, which raised more than $700,000 since its inception. He also promoted the benefits of financial education and wellness for consumers on various local and national publications and television news programs.

"Shawn's visionary and creative approach to leading is a perfect match for out credit union," Susan Baker, vice chair of Kitsap's board, said. "Throughout the interview process, we were impressed with his integrity, genuine believe in the cooperative movement and focus on member and community financial wellness."

Kitsap CU manages $1.2 billion in assets, serves more than 106,000 members and operates 16 branches.

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Peter Strozniak

Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.