U.Va. Credit Union president and CEO to retire

Alison DeTuncq, who has served 22 years as president and CEO of the University of Virginia Community Credit Union in Charlottesville, plans to retire in May 2022, the institution announced this week.

She started her career at the credit union 32 years ago, and during her tenure as its leader, the credit union’s assets grew from $130 million to more than $1.3 billion. DeTuncq oversaw three charter expansions that increased membership to 20 counties and five cities, as well as increasing the number of branch offices to 18, and she was behind the credit union’s award-winning financial literacy program that expanded to other Virginia credit unions, as well as participating the Internal Revenue Service’s Volunteer Income Tax Assistance program, which provides free tax preparation services. The credit union employs 250 people and has a membership of 70,000 individuals and businesses.

“It has been the greatest honor of my life to serve as the credit union’s chief executive officer and to be a part of the credit union movement,” she said in a statement. “I am most thankful to the great team I had the privilege to work with for so many years, from the dedicated volunteer board of directors and committee members, to the incredible staff who have been so committed to the success of our credit union.”

DeTuncq, who has served in several capacities with the Virginia Credit Union League and won its Eugene H. Farley Jr. Award of Excellence, is also president and CEO of the U.Va. Community Credit Union’s mortgage business, Member Options LLC, and serves on its board. She also was the first board chairman of VIZO Financial Corporate Credit Union after it was formed in a merger.

The U.Va. Community Credit Union’s board of directors has partnered with Shanley Search Partners to find DeTuncq’s successor.