People Driven Credit Union Announces Leadership Transition Focused on Members and Community
People Driven Credit Union has announced a leadership transition designed to ensure continuity, stability and continued focus on its members and the communities it serves. The credit union named Tommy Gasso, its Chief Lending Officer, as President and CEO-Elect, effective immediately.
Gasso will work alongside current President and CEO Renee DeMarco throughout 2026 to support a smooth transition before assuming full CEO responsibilities on Jan. 1, 2027. DeMarco will retire at the end of the year after nearly 15 years of leadership, marking the conclusion of a tenure that oversaw significant growth and expanded access to financial services across Michigan.
The planned transition reflects PDCU’s commitment to long-term organizational strength and responsible leadership succession.
“It’s an honor to step into this position and build on the strong foundation Renee has created for both our members and our team,” said Gasso. “PDCU has a long-standing commitment to putting members first, and that will remain my top priority throughout this transition as we continue expanding our services, supporting our communities and increasing access to financial resources.”
Gasso joined PDCU in 2023 and brings 20 years of experience in financial services, including senior roles at Community Financial Credit Union, JPMorgan Chase, and Citigroup. As Chief Lending Officer, he played a central role in expanding PDCU’s lending programs and supporting the credit union’s continued growth. His appointment also represents a meaningful milestone for the industry, as Gasso is the first Chaldean American to serve as the CEO of a credit union.
DeMarco emphasized the importance of continuity and shared leadership during the transition period.
“Tommy has been an integral part of our team over the last three years, and his expertise and leadership will be instrumental in leading PDCU into its next chapter,” said DeMarco. “I look forward to working alongside him during this transition to ensure exceptional service for our members. Serving as President and CEO has been an incredible honor, and I’m proud of what we’ve achieved together.”
During DeMarco’s tenure, PDCU experienced strategic growth and completed several successful mergers. Most notably, a 2024 merger with Community Alliance Credit Union expanded membership eligibility to all Michigan residents, significantly increasing access to financial services across the state.
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