Texas Trust Splits CEO & President Position in Half

As Texas Trust makes new executive moves, Mocse Credit Union appoints new leadership.

New credit union leaders announced. (Source: Shutterstock)

Texas Trust Credit Union has been led by President/CEO Jim Minge since May of 2011 and Minge announced this week that he’s stepping down as president, but will retain his title as CEO.

Willy Kelsey has been named to take over as president at the Arlington, Texas-based credit union to work alongside the CEO. Minge explained that he and Kelsey “will be able to better focus the organization and improve our operations so that we continue meeting the needs of members as we help them build brighter financial futures.”

Willy Kelsey

According to an announcement on Monday, Kelsey has been with Texas Trust ($1.4 billion in assets, more than 118,000 members) since 2005, most recently serving as EVP and chief retail officer.

“Willy has been an integral part of our success, helping identify and implement strategies that allowed us to surpass $1 billion in assets,” Minge said. “His keen business sense, passion for our employees’ and members’ well-being, and leadership have helped drive the many achievements and strong growth that we have experienced over the last 15 years.”

According to the announcement, Kelsey, as president, will directly oversee lending, retail operations and IT, working hand-in-hand with Minge and the board of directors to establish and execute Texas Trust’s strategies.

At the Modesto, Calif.-based Mocse Credit Union, President/CEO Tracey Kerr announced her retirement effective Sept. 1. Its board of directors announced Shane Saunders as the next president/CEO.

According to a statement from Board Chair Joy Mastache, “Tracey expertly served as president/CEO since 1999 and her accomplishments are too numerous to name. Her dedication to serving our members and communities has been unflagging. We offer our deepest gratitude for her service and wish Tracey and her family the very best in retirement.”

New President/CEO Shane Saunders and retiring President/CEO Tracey Kerr.

Mastache said the board of directors selected Saunders after an extensive search process. “In selecting a successor to our long-term and beloved president/CEO, the board of directors was anxious to identify a candidate that would provide a strong vision forward while furthering our unique member-oriented culture,” Mastache stated.  According to the statement, Saunders has worked in the financial services industry for 25 years and most recently served as the chief experience officer for the past six years at Maps Credit Union in Salem, Ore.

Mocse currently serves 26,413 members and holds over $343 million in assets.