Kitsap Credit Union Announces New Chief Financial Officer

Kitsap Credit Union announced Trevor Stuart as their new Chief Financial Officer. As CFO, Trevor will be responsible for overseeing the Finance, Accounting, Risk Management and Compliance departments at Kitsap Credit Union. His key roles will be providing strategic financial input to senior management as well as developing and implementing procedures to improve and maintain the financial health of their organization.

“We are looking forward to Trevor bringing his finance and operations experience to our organization and partnering with our KCU Team to help profitably grow and expand our business,” said CEO of Kitsap Credit Union Shawn Gilfedder.

Mr. Stuart comes to Kitsap Credit Union with extensive experience in the technology and financial services industries. Most recently, Mr. Stuart served as the Chief Financial Officer of the Invention Science and related funds (“ISF”) at Intellectual Ventures (“IV”) where he spent 11 years and was responsible for all financial aspects of ISF and its subsidiaries. ISF is a group of investment funds focused on the creation, incubation, and spinout of disruptive technology companies stemming from industry-defining IP portfolios.

As a member of the ISF Senior Leadership Team, he led the finance engagement on all fundraising resulting in over $100 million of capital. He also supported the creation and incubation of dozens of subsidiaries and participated in the spinout of seven companies that collectively have raised more than $650 million of capital. In addition, he engaged in all licensing and divestiture transactions across all of IV for over 100 closed deals totaling more than $1.2 billion in revenue.

Mr. Stuart joins Kitsap Credit Union with a like-minded dedication to community outreach that the credit union prides itself on since it opened its doors over 85 years ago. Mr. Stuart has played an active role at the YMCA of Great Seattle for the past 12 years. Since 2010, he has volunteered as Co-Chair and Chair for different Annual Campaigns, participated on the Marketing and Investment committees, and is currently a member of their Finance Committee. In addition to his work at the YMCA, Mr. Stuart gives back to his alma mater as a Board of Trustees member of the University of Washington Accounting Development Fund.

A true Washingtonian, Mr. Stuart’s family has been rooted in the state for generations. In fact, his grandfather worked in the Puget Sound Naval shipyards during World War II. These were the same shipyards where Kitsap Credit Union, originally known as Navy Yard Metal Trades Credit Union, was formed. Having graduated with a BA in Business Administration with a concentration in Accounting from the University of Washington, Mr. Stuart is also a CPA, Active in Washington State. He lives in Seattle with his wife and daughter and enjoys spending time on Lake Washington.

Mr. Stuart began his new journey with Kitsap Credit Union on Jan. 1.

Posted in Member News.