LAKELAND, Fla.–D. Kevin Jones, the long-time CEO of MIDFLORIDA Credit Union, has announced his retirement effective in early 2022. A successor has been named.
The credit union noted that Jones, who recently celebrated his 65th birthday, has been with MIDFLORIDA for nearly 30 years, or nearly half his life, and has overseen growth during his career to nearly $6 billion in assets from $100-million.
“Jones’ strategic exit has been in the planning stages for a while,” said Board Chair Shirley Pellarchy. “When an institution grows to the scale and complexity of MIDFLORIDA, a well-planned succession strategy is integral to a smooth transition.”
In a statement, Jones said of all he has done during his career, “My greatest accomplishment was creating over 1,000 well-paying jobs in Central Florida.”
New President/CEO
S. Steve Moseley, currently serving as president, has been named to succeed Jones as CEO. Moseley has been employed with MIDFLORIDA since 1997 and has worked in nearly every aspect of the business, having CFO and EVP of MIDFLORIDA’s Financial Services division prior to his promotion to President of the Credit Union in 2017.
Moseley will become the president and CEO effective March 1, 2022, following Jones’ departure.
“Steve’s role has been essential to MIDFLORIDA’s growth and success for nearly 25 years, said Jones. “It’s the right time to pass him the mantle of leadership. Our board of directors, senior leadership team, and the entire staff are excited to see the credit union evolve and grow under Steve’s leadership.”
MIDFLORIDA said Jones has worked closely with Moseley on the transition and will continue to serve as a special advisor to Moseley through at least August of 2022.
The credit union further noted that during Jones’ tenure, MIDFLORIDA has hit a number of milestones, including15 credit union mergers; completion of the largest bank acquisition by a credit union, and expanding the CU’s FOM over the years to serve anyone who lives, works, worships or attends school in 55 of the 67 Florida counties.
MIDFLORIDA CU has more than 408,000 members.