Democracy Federal Credit Union announces retirement of President/Chief Executive Officer
ALEXANDRIA, VA (September 6, 2018) — Democracy Federal Credit Union’s President and CEO, Kathy Geary, has announced her plan to retire.
“We would like to thank Kathy for her dedication and service to the credit union and to our members,” said Patricia Ellis, Chairperson of the Board of Directors. “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 the credit union industry 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 holds a Bachelor of Business Administration in Accounting from the George Washington University in Washington, DC. In addition to her role with Democracy Federal Credit Union, Geary holds a number of volunteer positions. Geary serves as Vice Chairman on the board of directors for the Credit Union Mortgage Association, sits on the board of the MD DC Credit Union Association as well as 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 DC area community for many years to come,” said Kathy.
About Democracy Federal Credit Union
Democracy Federal Credit Union, established in 1936 to serve the employees of the Social Security Board in Washington, D.C. After mergers, name changes, charter expansions, and years of incredible growth, what was once Social Security Employees Federal Credit Union is now proudly Democracy Federal Credit Union. Since its date of inception until the early 1970s, Democracy FCU had under $10 million in total assets but has since skyrocketed to over $149 million with more than 14,000 members. Today, Democracy FCU promotes member education, credit union advocacy, and diversity. Membership is now open to many government agencies as well as those who live, work, worship, attends school, or does business in Washington D.C., and most areas in Maryland and Virginia within the beltway. Democracy FCU strives to serve their members by helping them achieve their financial goals through offering competitive interest rates and affordable services. To learn more, visit https://democracyfcu.org/.