With $178 billion in assets, the Vienna, Va.-based Navy Federal Credit Union is the nation's largest credit union by far. Due to its status in the industry, it's often looked to as a benchmark for credit union financial performance trends – and, for better or for worse, is the subject of media reports more frequently than other financial cooperatives.
In this episode of Shared Accounts With CU Times, hosts Michael Ogden and Natasha Chilingerian talk one-on-one with Navy Federal's new president/CEO, Dietrich Kuhlmann. Previously serving as COO for Navy Federal, Kuhlmann replaced Mary McDuffie, who served at the helm for five years and is now retired, on March 1, 2024. He also brings extensive military experience to the position, having retired from the United States Navy as a rear admiral in 2019 – a fitting background for the top executive at a financial institution with a military-focused membership base.
Dietrich Kuhlmann
You'll hear from Kuhlmann on the status of Navy Federal's Overseas Military Banking Program, which has raised questions by some in the financial services world; his strategic priorities in his first few years as CEO; the credit union's branch network and financial well-being initiatives; and what makes a great leader. You'll also hear a bit about his life outside of work and a few fun facts about submarines, which were a major focus for Kuhlmann during his days in the service. Don't miss this exclusive interview with one of today's biggest names in the credit union movement!
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
