WASHINGTON—Democracy Federal Credit Union announced that its president/CEO, Kathy Geary, plans to retire.
The $151-million credit union did not announce a successor or a timeframe for the move.
“We would like to thank Kathy for her dedication and service to the credit union and to our members,” said Board Chair Patricia Ellis in a statement. “We wish Kathy all the best for her retirement and every success for the next chapter of her life.”
Geary has more than 37 years of experience in credit unions and has held a number of responsibilities at Democracy Credit Union before becoming president and CEO, including regulatory compliance, marketing, accounting, member services, and investment operations.
Geary has also served as vice chairman on the board of the Credit Union Mortgage Association, sits on the board of the MD/DC Credit Union Association, and is president of the DC Chapter and the chair of the Advocacy Committee. She is also on the board of trustees for the Credit Union Legislative Action Committee (CUNA’s PAC).
“I am immensely proud of all we have achieved together at Democracy Federal Credit Union over the years and I know that I am leaving the credit union in good hands, with a strong financial foundation, to continue to make a positive impact in the Alexandria/Washington area community for many years to come,” said Geary in a statement.