Dover Federal Credit Union in Delaware names new chief executive

Delaware sign

Dover Federal Credit Union in Dover, Delaware, hired Janell Upton as the credit union's new president and CEO.

Upton replaces Chaz Rzewnicki, who left the $628.4 million-asset Dover to become chief executive of the $1.2 billion-asset Vibe Credit Union in Novi, Michigan, in July.

Upton was most recently executive vice president at the $1.6 billion-asset Educational Federal Credit Union in Miami. Before that she was a senior executive at the $12 billion-asset Alaska USA Federal Credit Union in Anchorage.

"Janell stood out because of her broad-level expertise combined with her leadership philosophy and genuine care for the people with whom she works. We are delighted to have Janell joining the DFCU team and know our future is bright with her in this role," Dover Chairman Cory Thomas said in a press release Dec. 21.

Donna Kiscaden was interim president and CEO for Dover since Rzewnicki's departure. She will return to her role as chief financial officer at the credit union effective Jan. 23, when Upton begins her tenure as chief executive.

"I look forward to leading this exceptional credit union and talented team to further assist our members in reaching their financial goals and enabling growth and change that benefits the staff, the organization and the communities we serve," Upton said in the press release.

Dover earned $2.9 million in the first nine months of 2022, an 11% decrease compared with a year earlier, according to call report data from the National Credit Union Administration.

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