DATCU, a leading full-service credit union, is pleased to announce the promotion of Melanie Vest from Executive VP and Chief Financial Officer to a new role as President. The Board of Directors recently split the title of President and Chief Executive Officer. Glen McKenzie will remain the credit union’s CEO.
Melanie Vest joined DATCU in April 2002 as a part-teller while a student at the University of North Texas. In her almost twenty years she has excelled in multiple positions of leadership and has overseen multiple conversions, realized significant reductions in operating expenses, and has been focused on maintaining exemplary service to credit union members. In 2012, as a young executive, she was recognized by Credit Union Times as a 2012 Woman to Watch. Ms. Vest holds a Bachelor of Science from the University of North Texas and is a graduate of Southwest CUNA Management School.
“Melanie has been a superior leader and an instrumental part of our success and growth throughout her career here at DATCU. The fact that she has grown from a UNT student working as a part-time teller to now becoming the President is really remarkable. This speaks to her tenacity and dedication. Having spent her entire career at DATCU, I have no doubt that she will continue to accomplish great things for the credit union. It’s a privilege to continue working with Melanie and the entire DATCU family”, stated Glen McKenzie, Chief Executive Officer.
“Ms. Vest is a tremendous asset. We are delighted that this unanimous decision by our Board of Directors makes her the first female President in the history of our credit union. Glen McKenzie’s mentorship, guidance, and encouragement of Melanie has helped her achieve this next level. We are confident that Melanie’s leadership, vast knowledge of the financial services industry, and her commitment to our DATCU members and staff will lead to a continued legacy of success at the credit union” stated Valerie Foster, DATCU’s Board Chairwoman.
Since joining the Credit Union in June 2001, Glen McKenzie has helped lead DATCU to outstanding financial performance and consistent growth year after year. In 2013, DATCU’s asset size was $688 million as McKenzie moved into the role as DATCU’s President. He transitioned to President and CEO in December 2016, with assets of $889 million. Today, assets have grown to over $1.42 billion under his leadership.
Glen & Melanie