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Francis Proto, President and CEO, Announces Future Retirement Date

June 25, 2021

Dutch Point Credit Union’s President and CEO Francis R.N. Proto has announced his plans to retire in January 2023. Mr. Proto has been with the credit union for nearly 30 years.  He was hired in 1991 as vice president of Finance and was promoted to senior vice president and chief financial officer a few years later.  In August of 2006, Mr. Proto was promoted to president and CEO, succeeding Dorothy J. Sullivan.

During Mr. Proto’s tenure, Dutch Point went from $141 million in assets with approximately 16,700 members to $425 million in assets and 23,700 members. Under his leadership, he oversaw the successful transition to a community-based credit union serving the counties of Hartford, Middlesex, New Haven, and New London, merged two credit unions and added 4 new community branches to the Dutch Point branch network.  The credit union also expanded its product and service offerings by implementing technologies that advanced our competitive position, enhanced transaction convenience and improved the overall member experience for our most valued asset, our members.  In addition to his role as president and CEO, Mr. Proto has been actively involved with many boards and committees over the years and is currently a trustee of the Credit Union Building Financial Independence Foundation. 

Mr. Proto’s first priority throughout his career was to live by the credit union philosophy of “people helping people”, as that was the purpose of our existence and why credit unions still thrive today.  Mr. Proto stated, “In guiding the credit union forward, our successes would not be possible without a loyal membership base and I am pleased to have met so many members during my time with Dutch Point.  I’ve also had the privilege to work with a talented and supportive Board of Directors, management team and staff, both past and present, that truly believe in our mission.”  

The Board of Directors announced that Mr. Proto will be succeeded by Ms. J. Charlyn Tanner, currently the credit union’s executive vice president and chief financial officer.  Ms. Tanner has been with the credit union for the past 16 years and is a seasoned professional with nearly 20 years of experience in the financial services industry.  Board Chairman Richard Zajack, stated that after having worked with Ms. Tanner during the past 16 years, the Board is confident that her leadership and financial skills will continue to move Dutch Point forward on its current path of success.

Board Chairman Richard Zajack, said in a statement “The Board is more than pleased with Mr. Proto’s leadership of the credit union during his tenure.  We are also very pleased that Mr. Proto has provided sufficient notice to ensure a smooth and seamless transition of his responsibilities and leadership to Ms. Tanner.”

 

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