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Dayne Headland Receives Credit Union Hall of Fame Award


First Community Credit Union is proud to announce Dayne Headland, former FCCU board member, was recently inducted into the Dakota Credit Union Association (DakCU) Hall of Fame. This honor is based on lifetime achievement and the most prestigious of all DakCU awards.

Dayne retired this spring from the FCCU board of directors after nearly 30 years on the board. However, his credit union journey began long before his board involvement, becoming a member of FCCU more than 52 years ago. Dayne was employed by the credit union from 1982 to 1991 as an Agriculture Loan Officer in Jamestown before leaving to pursue farming full-time. He then ran for the FCCU Board of Directors in 1992 and has served ever since, up until his retirement this year.  

Dayne was the longest standing board member at FCCU. When he joined the board of directors in 1992, FCCU had just $100 million in assets and 17,000 members. Since that time, FCCU has grown to over $1.1 billion in assets and 46,000 members. FCCU also has had numerous mergers Dayne aided in, as well as other high level instrumental decisions such as implementing new technology like online banking, FCCU’s Scholarship Foundation and large community donations and sponsorships.

Steve Schmitz, President/CEO said, “Every decision he made, he gave a lot of thought to and was not afraid to share his opinions. He trusted the leadership FCCU had in place, but also wanted to make sure we spent our credit union members’ money wisely.”

When Steve first began working with him, Dayne provided leadership to the newly placed management team. He understood that infrastructure and expansion to new markets was imperative to the credit union’s long-term success. In 2010, Dayne took on an additional role as a member of the Asset, Liabilities and Loan Committee.

Steve continued, “In my 20 years of working with Dayne, he has always shown consistent leadership. Especially through the tough times, Dayne is always willing to voice his opinion to make and support difficult decisions that have needed to be made for the long-term success of FCCU. He has made a lasting legacy on our credit union,” he concluded.

FCCU would not be what it is today, without Dayne’s passion and commitment to the credit union. Congratulations and best wishes on your retirement from the board, Dayne! Thank you for volunteering and serving our members and the credit union.


Picture at top: Steve Schmitz, President/CEO, Dayne Headland and Jeff Olson, Dakota Credit Union Association President/CEO.

Picture collage on bottom: Dayne Headland over the years.