Chief Executive Officer

LM FEDERAL CREDIT UNION; Baltimore (MD); On-site; USD 110,000 - 150,000; Full time

Job summary

LM Federal Credit Union seeks a President/CEO to build on a 77-year legacy and position LMFCU for growth. The role focuses on strategy, culture, financial performance, and member experience while honoring the credit union’s heritage.

The CEO will lead a relationship-driven, strategic team, balance financial stewardship with People Helping People, and drive growth, technology adoption, and operational excellence across the organization.

Qualifications

• Senior leadership experience in a credit union or financial institution.
• Knowledge of governance, regulatory expectations, and risk management.
• Experience leading strategy, organizational growth, and technology adoption.

Responsibilities

• Provide strategic direction and oversee growth, member value, and operational excellence.
• Lead financial stewardship, capital management, and risk oversight.
• Engage with the Board, regulators, and stakeholders to drive success.

Skills

Executive leadership

Strategic planning

Relationship building

Education

Bachelor's degree in business/finance

Job description

Leadership is Personal and Impact is Real

LM Federal Credit Union is ready for its next chapter. Is this the leadership opportunity for you?

LM Federal Credit Union (LMFCU) is seeking its next President/Chief Executive Officer to build on a 77-year legacy of trusted service and position the credit union for continued growth and long-term success.

Founded in 1949, LMFCU serves more than 3,600 members, primarily connected to Lockheed Martin and affiliated organizations, with a membership footprint extending across the Mid-Atlantic and East Coast. With a strong capital position, loyal membership, and personalized service model, the credit union offers the next CEO an opportunity to make a meaningful impact across strategy, culture, financial performance, and member experience.

The Opportunity

This is an opportunity for a leader to make a visible and lasting impact at an organization with a strong foundation. The next CEO will have the opportunity to shape what comes next, strengthening performance, developing people, expanding member value, and ensuring LMFCU remains a trusted financial partner for generations to come.

LMFCU seeks a relationship-driven, strategic leader who balances financial stewardship with the credit union philosophy of People Helping People. The successful leader will be an approachable collaborator, build trust, communicate effectively, and lead with both confidence and humility. Leading a close-knit organization, the CEO will be a forward-thinking leader who can advance growth, technology, operational effectiveness, employee development, and the member experience while honoring the credit union's legacy.

• Strategic Execution – Establishes clear priorities and translates strategy into sustainable growth, performance, and institutional relevance.
• Financial Stewardship – Exercises rigorous oversight of capital, financial performance, risk, and resource allocation.
• Stakeholder Engagement – Builds trusted partnerships with members, employees, sponsor groups, the Board, regulators, and community stakeholders.
• Talent Development – Cultivates an accountable culture and mentors a high-performing staff.
• Operational Leadership – Leads effectively through change while ensuring operational discipline, accountability, and sound execution.
• Board Governance – Partners effectively with the Board through transparent communication, strategic alignment, and sound governance practices.

Strategic Priorities

• Membership & Lending – Expand membership within Lockheed Martin-affiliated groups and drive secured lending growth through conservative underwriting practices.
• Digital Transformation – Strengthen remote and digital delivery channels while preserving LMFCU's hallmark personalized service culture.
• Technology Innovation – Leverage the CU Answers core system, expand Account-to-Account functionality, and lead the implementation of Zelle.
• Sustainable Growth – Identify opportunities to strengthen financial performance, expand member value, and position the credit union for long-term success.

Experience & Qualifications

• Progressive senior leadership experience within a credit union or financial institution; CEO experience is preferred.
• Demonstrated success in leading strategy, financial performance, operations, and organizational growth.Strong understanding of credit union operations, financial management, risk, and regulatory expectations.Proven success in leading organizational change, technology adoption, and digital transformation.
• Experience working effectively with a Board of Directors and an understanding of sound governance practices.
• Demonstrated ability to develop employees, strengthen organizational culture, and build high-performing teams.
• Strong communication, relationship-building, and interpersonal skills, with the emotional intelligence to lead a close-knit organization.
• Bachelor's degree in business, finance, or a related field, or an equivalent combination of education and experience.

Compensation:

The salary range for this position is $110,000–$150,000 annually.