TwinStar Credit Union Names David Tuyo as New CEO

Posted by Alyse Knudsen on March 25, 2025

Olympia, Wash.-based TwinStar Credit Union announced the hiring of David Tuyo as its next CEO. Tuyo will succeed the credit union’s long-term CEO, Jeff Kennedy, who is retiring after nearly 40 years of service. The selection follows an extensive search, which was facilitated by executive search and leadership development firm DDJ Myers.

“The Board of Directors is thrilled to announce David Tuyo as TwinStar’s next CEO,” shared 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 TwinStar, with most recently serving as President and CEO of University Credit Union in Los Angeles since 2017. Under his leadership, University 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.

As a lifelong learner, Tuyo earned his Doctor of Business Administration in Leadership & Organizational Behavior from California Southern University; a MBA in Economics from Mississippi State University; and a Bachelor of Science in Finance from the University of Mobile.

Tuyo will officially begin his new position on May 1; however, he and retiring CEO Jeff Kennedy are already working together to ensure a smooth transition for the cooperative.

“Leading this remarkable institution has been an honor and privilege,” Kennedy said. “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.”

“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.”

Posted in Leadership, Regional Member News, Washington.