Longtime State Department Federal Credit Union CEO to retire

Jan Roche will retire from her position as CEO of State Department Federal Credit Union in Alexandria, Virginia, this summer.

Roche was appointed CEO of the $2.8 billion-asset credit union in 2003.

Washington, D.C.
Jan Roche will retire this summer as CEO of State Department Federal Credit Union in Alexandria, Virginia.

The credit union did not give a specific date by which Roche will step down.

"Through her leadership, SDFCU has delivered products and services to improve the financial well-being of the membership," said Marlene Schwartz, SDFCU chairman in a press release Wednesday. 

The credit union hired executive recruiting firm Humanidei to conduct a national executive search for Roche's successor.

Roche said visiting U.S. embassies to provide financial education and gain feedback from overseas members were among the highlights of her time at the helm.

"I can't believe how quickly this time has flown by. A constant state of improvement means a fast pace and never a dull moment," Roche said in the press release. 

The credit union has more than 90,000 members that it serves with six branches.

State Department Federal Credit Union earned $26 million in 2022, a 28% increase compared with a year earlier, according to call report data from the National Credit Union Administration.

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