EDGELEY, N.D.–The CEO of Dakota Plains Credit Union here has announced his upcoming retirement. Mike Reisnour, who has led the $81-million credit union since 2011, said he will retire this Fall. The credit union has launched a search for a replacement.
Reisnour began his career in credit unions in 1997 at First Community CU in Jamestown, N.D.
“Over the years, Mike has been a true volunteer spirit for our greater credit union community,” said the Credit Union Association of the Dakotas.
During his career Reisnour 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.
Attributes Sought
In announcing its search for a new president, Dakota Plains said the position requires active participation in the community that promotes DPCU's visibility and continued growth.
According to an announcement by the CUAD, 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 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 of 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.
Resumes can be submitted to DakotaPlainsCU@ahoconsulting.com.