CHICAGO–Alliant Credit Union has named a new president/CEO to succeed the retiring David Mooney. The $13-billion Alliant has named Dennis Devine to lead the organization.
Devine joins Alliant after serving as president of Consumer Banking at KeyBank. Prior to KeyBank, Devine served as group executive vice president at Citizens Financial Group. Earlier in his career, he held senior leadership roles at PNC Bank and McKinsey & Co. He is a graduate of Harvard Law School and the University of Michigan.
“On behalf of members and employees at Alliant, I thank Dave for his many contributions as CEO. During his years with the organization, Alliant has grown into an industry-leading, digital-first institution,” said Ed Rogowski, chairperson of Alliant’s board of directors. “I am also very pleased to welcome Dennis Devine in his new role as CEO. With more than 15 years of leadership experience in the financial services industry, Dennis knows how to drive organizational innovation and growth.”
“I am thrilled to join the Alliant team,” said Devine. “Alliant is among the industry’s best financial service providers and we aim to serve more members with simple and rewarding digital banking. The member-owned structure of Alliant is a distinct advantage. Our members come first in every decision as we seek to provide the highest value and an excellent experience.”
CU Has Grown Quickly
Since 2003, Alliant has grown from $4.3 billion in assets to $13 billion in assets while also transitioning to a national, digital-direct banking model. In 2019, MONEY recognized Alliant as the Best Credit Union of the Year and Bankrate named Alliant Best Credit Union in 2020. Alliant’s focus on the digital member experience under Mooney helped Alliant earn NerdWallet’s recognition for Best Online Experience in 2020. Since 2016, Alliant has received recognition as one of country’s best workplaces in the medium-sized category by Great Places to Work and FORTUNE.
Mooney, who has served as the company’s CEO and President since 2003, will aid in the onboarding of Devine to the role, the credit union said.
“It has been my pleasure, privilege and honor to lead Alliant Credit Union over the last 17 years,” said David Mooney. “I’m incredibly proud of all we’ve accomplished, the meaningful progress we’ve made and the remarkable growth we’ve been fortunate to harness. I know Dennis will continue to steer Alliant toward a future of growth and innovation.”
The credit union has more than 500,000 members.