The Bank Slate


Navy FCU selects successor for retiring CEO

Navy Federal Credit Union in Vienna, Va., will soon have a new leader.

The $170 billion-asset credit union said that Dietrich Kuhlmann will become its president and CEO on March 1.

Kuhlmann will succeed Mary McDuffie, who has led Navy FCU since January 2019. She announced plans to retire last fall.

Kuhlmann has been the credit union’s chief operating officer for the last two years.

“The board undertook a months-long, rigorous process to identify the best leader for our credit union,” Ed Cochrane, Navy FCU’s chairman, said in a statement.

“Dietrich has shown an unwavering commitment to both his country and to his fellow men and women in uniform throughout his extensive career,” Cochrane added. “These experiences make him the ideal person to lead this institution, and we know he will continue to serve our members superbly in the years ahead.”

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