OLYMPIA, Wash.— David Tuyo has been named CEO of $4.3-billion TwinStar Credit Union, the CU announced.
Tuyo begins his new position May 1.
Tuyo will succeed Jeff Kennedy, who is retiring after nearly 40 years of service with TwinStar.
“The board of directors is thrilled to announce David Tuyo as TwinStar’s next CEO,” said Thomas Pettus-Czar, board chair. “Our goal throughout this process was to identify a visionary and dynamic leader aligned with our mission and values. We’re confident that David is that leader and look forward to the pivotal role he will play in advancing and supporting the mission of our credit union.”
Tuyo brings 25 years of financial services experience to his new position. He has served as president and CEO of University Credit Union in Los Angeles since 2017. Under his leadership, the credit union more than doubled its assets and members while significantly expanding its geographic footprint.
“I can’t wait to join the dedicated team at TwinStar and continue building on Jeff’s impressive legacy of service,” said Tuyo. “As CEO, I’m committed to providing innovative products and services to help our members and communities feel financially secure and empowered to reach their dreams.”
Throughout his career, Tuyo has held senior level positions at various financial institutions including Power Financial Credit Union, USAlliance Federal Credit Union, and PenAir Federal Credit Union, among others.
“Leading this remarkable institution has been an honor and privilege. I am immensely proud of the progress we have made, and I am confident that the credit union is well-positioned for continued success. As I pass on the torch to David, I’m looking forward to watching our credit union thrive and achieve even greater success in the years to come,” said Kennedy.
“We are grateful for Jeff’s nearly 40 years of service,” said Pettus-Czar. “He has led our credit union with compassion for the lives of our members and their financial well-being, while building a strong foundation for the future of our organization. The entire board of directors extends its congratulations and best wishes on his very well-deserved retirement.”