Dover, DE— The Board of Directors of Dover Federal Credit Union (DFCU) announced today that Chaz Rzewnicki, President and Chief Executive Officer will be departing the Delaware based credit union to continue his outstanding work in the credit union industry elsewhere.

During his six years as the President and CEO of Dover Federal Credit Union, Chaz Rzewnicki faced his fair share of challenges and triumphs. In 2016, Chaz was promoted to the role of CEO, the same year the credit union recorded a $6.3M loss. Through Chaz's servant leadership style, he was able to return the credit union to profitability, create an inclusive workspace, lead a technology evolution, and improve relationships in the communities DFCU serves.

Longtime board member and previous chair, Jeannette Schuler states, "It is with mixed emotions and the very best wishes that the Dover Federal Credit Union (DFCU) Board accepts Chaz's resignation as the CEO of Dover Federal Credit Union. Under his leadership in extraordinary times for DFCU specifically and in the world overall, DFCU has not just survived but thrived. He has established a solid foundation and an exceptional team at DFCU which will continue to serve our members and community. I have no doubt Chaz will continue to make a positive impact in his professional journey and in progressing the credit union industry."

Donna Kiscaden who is the current Chief Financial and Risk Officer will serve as interim CEO while the board conducts its search for CEO.

Dover Federal Credit Union was first chartered in 1958 by a handful of Air Force and civilian workers at Dover Air Force Base. Today, Dover Federal serves over 40,000 members, over 500 Workplace Partners, and has eight locations throughout the state of Delaware. Dover Federal continues to help its members get there, wherever that may be. To learn more about Dover Federal Credit Union, visit any of their branches or visit them on the web at www.doverfcu.com