President/Chief Executive Officer

Where Leadership is Personal and Impact is Real

LM Federal Credit Union is ready for its next chapter. Is this the leadership opportunity for you?

LM Federal Credit Union (LMFCU) is seeking its next President/Chief Executive Officer to build on a 77-year legacy of trusted service and position the credit union for continued growth and long-term success.

Founded in 1949, LMFCU serves more than 3,600 members, primarily connected to Lockheed Martin and affiliated organizations, with a membership footprint extending across the Mid-Atlantic and East Coast. With a strong capital position, loyal membership, and personalized service model, the credit union offers the next CEO an opportunity to make a meaningful impact across strategy, culture, financial performance, and member experience.

The Opportunity
This is an opportunity for a leader to make a visible and lasting impact at an organization with a strong foundation. The next CEO will have the opportunity to shape what comes next, strengthening performance, developing people, expanding member value, and ensuring LMFCU remains a trusted financial partner for generations to come.

LMFCU seeks a relationship-driven, strategic leader who balances financial stewardship with the credit union philosophy of People Helping People. The successful leader will be an approachable collaborator, build trust, communicate effectively, and lead with both confidence and humility. Leading a close-knit organization, the CEO will be a forward-thinking leader who can advance growth, technology, operational effectiveness, employee development, and the member experience while honoring the credit union’s legacy.

Leadership Competencies

• Strategic Execution – Establishes clear priorities and translates strategy into sustainable growth, performance, and institutional relevance.
• Financial Stewardship – Exercises rigorous oversight of capital, financial performance, risk, and resource allocation.
• Stakeholder Engagement – Builds trusted partnerships with members, employees, sponsor groups, the Board, regulators, and community stakeholders.
• Talent Development – Cultivates an accountable culture and mentors a high-performing staff.
• Operational Leadership – Leads effectively through change while ensuring operational discipline, accountability, and sound execution.
• Board Governance – Partners effectively with the Board through transparent communication, strategic alignment, and sound governance practices.

Strategic Priorities

• Membership & Lending – Expand membership within Lockheed Martin-affiliated groups and drive secured lending growth through conservative underwriting practices.
• Digital Transformation – Strengthen remote and digital delivery channels while preserving LMFCU’s hallmark personalized service culture.
• Technology Innovation – Leverage the CU Answers core system, expand Account-to-Account functionality, and lead the implementation of Zelle.
• Sustainable Growth – Identify opportunities to strengthen financial performance, expand member value, and position the credit union for long-term success.

Experience & Qualifications

• Progressive senior leadership experience within a credit union or financial institution; CEO experience is preferred.
• Demonstrated success in leading strategy, financial performance, operations, and organizational growth.
• Strong understanding of credit union operations, financial management, risk, and regulatory expectations.
• Proven success in leading organizational change, technology adoption, and digital transformation.
• Experience working effectively with a Board of Directors and an understanding of sound governance practices.
• Demonstrated ability to develop employees, strengthen organizational culture, and build high-performing teams.
• Strong communication, relationship-building, and interpersonal skills, with the emotional intelligence to lead a close-knit organization.
• Bachelor’s degree in business, finance, or a related field, or an equivalent combination of education and experience.

Compensation: The salary range for this position is $110,000–$150,000 annually.

ABOUT DDJ MYERS, an ALM First Company
DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Learn more about us at www.ddjmyers.com.