Press
William J. Dokas to retire as President/CEO of American Eagle Federal Credit Union
EAST HARTFORD, CT (July 31, 20014) — William J. Dokas will retire and conclude his career at American Eagle Federal Credit Union on January 2, 2015, after 42 years of service and 24 years as President/Chief Executive Officer.
Mr. Dokas began his career in 1972 as a management trainee before being transferred to the Loan Department as a Loan Officer. Shortly thereafter, he became the Branch Manager of the Credit Union’s Middletown branch until 1978 when he was promoted to Manager of Branch Operations for the Credit Union’s branch network. In 1980, he was promoted to Vice President of Lending and Branch Administration and held that position until 1990 when he was promoted to President/CEO.
During Mr. Dokas’ tenure as President/CEO, the Credit Union grew from $270 million to nearly $1.4 billion in assets and evolved into a full-service financial institution with a complete complement of financial products and services. The Credit Union also added 12 publicly accessible branches to total 13 during this time period. American Eagle FCU also became a community-chartered federal credit union in 2006, now serving anyone who lives, works, worships or attends school in Hartford, Middlesex or Tolland counties in Connecticut.
Mr. Dokas has served on the Board of Directors of the East Hartford Chamber of Commerce since 2008 and is currently Treasurer and a member of the Executive Committee. He is also currently a member of the Connecticut Credit Union League’s Legislative Committee and Credit Union Executives’ Society. His past affiliations include the Region 1 National Association of Federal Credit Unions’ Advisory Committee and Accounting Standards Committee, Board membership and chairmanship of the New England Council of the Credit Union Executives’ Society and Trustee of the Connecticut Credit Union League’s Charitable Foundation. He is a graduate of the University of Hartford with a Bachelor’s degree in Economics and Finance. Mr. Dokas resides in Manchester, CT.
Mr. Dokas will be succeeded by Dean Marchessault, currently the Credit Union’s Executive Vice President and Chief Operations Officer. Mr. Marchessault has been employed at the Credit Union for 14 years and is a seasoned veteran of the financial services industry with 35 years of experience at various banking institutions.
About American Eagle Federal Credit Union
American Eagle Federal Credit Union is a not-for-profit financial cooperative headquartered in East Hartford, Connecticut. It is the state’s largest community credit union with nearly 104,000 members and $1.4 billion in assets. It provides financial services to the residents and businesses in Hartford, Middlesex, and Tolland counties in CT. It operates 13 retail banking offices (Bloomfield, Cromwell, East Hartford, Enfield, Farmington, Glastonbury, Manchester, Newington, Plainville, Southington, South Windsor, Vernon, and West Hartford), five offices at various UTC locations in central Connecticut, and one office at East Hartford High School.
The Credit Union was founded by employees of Pratt & Whitney Aircraft in 1935 and was the 80th federal credit union chartered in the United States. Member deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA). For more information, visit americaneagle.org.