HUNT VALLEY, Md. -- Rick Webb, who built Atlantic Financial FCU into one of the biggest credit unions in northern Maryland, is retiring after 20 years as CEO of the now-$100 million credit union.
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Webb, who spent 23 years as a volunteer member of the Board before taking over as CEO in 1993, built the credit union with six mergers and the addition of key Baltimore-area select groups like Transamerica, law firm DLA Piper and MedStar Health.
Atlantic Financial was chartered in 1950 as Baltimore Telephone FCU and now serves more than 250 select groups.
Webb said he plans to retire next March 31 and announced his decision six months early to give the Board adequate time to find a successor.
