David Clendaniel, Dover Federal Credit Union CEO, announced he will retire in May 2017.
Under his leadership, Dover Federal Credit Union has grown from an asset size of $40 million to over $440 million with a membership of more than 45,000 members.
Clendaniel’s commitment and passion to Dover Federal have largely contributed to the advancements and growth that have positioned Dover Federal to be the State of Delaware’s largest credit union, a release stated.
During his tenure, Clendaniel has been active in working with Delaware’s Congressional Delegation on credit union legislation and regulation, serving on the Legislative Committee of the National Association of Federal Credit Unions (NAFCU), the Credit Union National Association’s (CUNA) Federal Credit Union Subcommittee, and on the Research Council for the Filene Research Institute.
While at Dover Federal Credit Union, Clendaniel has also served as a member of the Federal Reserve Bank of Philadelphia Credit Union Council, Executive Board of Directors for USO Delaware, Honorary Commander for the 436th Operations Group, coached and officiated local youth sports and was named to the Delaware State University Business College Hall of Fame.
The Board of Directors is currently exercising its succession plan, and conducting a search for Clendaniel’s successor.
