After 25 years, 1st Advantage Federal Credit Union CEO Casey Duplantier will retire at the end of the year.
Under Duplantier’s leadership, 1st Advantage has grown to $550 million in assets; merged several small credit unions; changed its membership base to a community charter; and increased branches from four to 11. In addition, the Yorktown, Va.-based credit union reported that it wrapped up 2010 with a record net income.
"I have been in the credit union world for over thirty years, 10 years as a CEO in New Orleans and just under 25 years with 1A," Duplantier said. "My wife and I like to travel and we have a bucket list which we plan to accomplish while we are young and healthy."
The search is under way to have a successor in place by the fourth quarter of 2011.
"I foresee a smooth transition, as I have always said that the colleagues at 1st Advantage are our most valuable asset," Duplantier said. "With a new leader, and our colleagues’ continued attention to our growth strategy, we should see many years of continued prosperity."