CEO of State Department Federal Credit Union Plans Summer Retirement

State Department Federal Credit Union (SDFCU) is announcing that effective this summer, Jan N. Roche will retire from her position as Chief Executive Officer.

"On behalf of the Board of Directors, I want to share our appreciation for Jan’s twenty years of dedicated service to SDFCU. Through her leadership, SDFCU has delivered products and services to improve the financial well-being of the membership,” commented Marlene Schwartz, SDFCU Chairman of the Board. “By delivering sophisticated digital banking solutions and enhancing member service, the credit union has continued to evolve to meet the needs of our unique worldwide membership.”

Since Ms. Roche was appointed CEO in 2003, SDFCU assets have grown from just over $700 million to its current $2.8 billion.

"I am honored to have led SDFCU as its CEO and am grateful for the many opportunities and experiences I've had throughout my career. Visiting U.S. Embassies to provide financial education and gain feedback from our overseas members has been one of many highlights,” says Ms. Roche. “I can’t believe how quickly this time has flown by. A constant state of improvement means a fast pace and never a dull moment.”

Ms. Roche added, “I’m incredibly proud of the inclusive and diverse culture we’ve built at SDFCU and of the dedication our employees and volunteers have toward helping our members achieve financial success. I will be leaving knowing SDFCU is well-positioned to thrive and grow in the years ahead.”

The Board of Directors has partnered with Humanidei to conduct a national executive search for Jan’s successor. Humanidei is a comprehensive people operations firm exclusively serving the credit union industry.

“Jan Roche has been a tremendous leader in the industry and the condition of SDFCU is reflective of that,” said Jill Nowacki, President/CEO of Humanidei. “This is certain to be a highly attractive opportunity and an excellent fit for a collaborative and high integrity leader committed to building and sustaining financial stability for the credit union and its members.”

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