Rochester, MN, January 22, 2025. First Alliance Credit Union is proud to announce Jake Dorsch as its new Chief Financial Officer (CFO). Dorsch will lead the Credit Union’s financial strategies, overseeing financial planning, budgeting, and risk management while driving growth and stability to support the Credit Union’s long-term success. Working closely with the executive team, he will align financial initiatives with First Alliance Credit Union’s mission of providing outstanding service and value to its members.
“We are thrilled to welcome Jake Dorsch as Chief Financial Officer at First Alliance Credit Union,” said Brent Rempe, CEO. “Jake’s impressive background in finance and economics, combined with his commitment to mission-driven strategies, aligns perfectly with our vision of balancing people and profit. His experience in forecasting, asset-liability management, and strategic investing will play a pivotal role in strengthening our financial operations as we scale and enhance our service to underserved communities. I am confident Jake’s innovative approach to financial strategy and risk management will aid our growth and support our mission of providing exceptional service to our members.”
Jake Dorsch is a results-driven finance leader with extensive experience in corporate finance, capital markets, and strategic forecasting. As Associate Manager of Debt & Capital Markets at General Mills, he developed a 10-year financial forecast, optimized interest expense modeling, and led cross-border forecasting efforts, driving operational efficiency and strategic decision-making. As a Corporate Treasury Analyst at Associated Bank, he enhanced deposit forecasting for $20 billion in liabilities, projected investment cashflows for multiple bond classes, and provided actionable insights to C-suite executives. With a proven track record of optimizing processes, mitigating risks, and delivering impactful results, Dorsch is poised to excel in leadership roles that demand financial expertise and strategic vision.
“I am honored and thrilled to join First Alliance Credit Union and collaborate with an incredibly talented team. I look forward to leveraging my experience to advance the credit union’s strategic initiatives, mitigate risks, and ensure we continue to provide exceptional services. We will strive to serve the underserved and grant everyone the ability to access the opportunities they desire. Together, we will aim to deliver financial stability and economic growth to our members and the community at large.
The search was completed in partnership with Humanidei. Humanidei brings decades of credit union system experience to the recruiting process, ensuring executive placements that will carry organizations forward in fulfillment of their mission and strategic visions. www.humanidei.com.
About First Alliance Credit Union
First Alliance Credit Union, serving over 20,000 members across Southeast Minnesota since 1932, is dedicated to its mission: “We show up. We listen to your story. We provide opportunities.” Headquartered in Rochester, Minnesota, the credit union is committed to fostering financial growth while balancing member needs, community goals, and sustainable practices. Guided by a vision of being a “financial oasis where everyone has access to the opportunities they deserve,” First Alliance prioritizes people-centered leadership, social responsibility, and innovative financial services that empower its members and strengthen the community. Learn more at firstalliancecu.com.
Contact:
Ciara LaVelle
ciara@humanidei.com
