Island Federal Credit Union has announced the retirement of its President/CEO Robert J. Dethlefsen, effective Nov. 30.
Dethlefsen has been with the credit union since 1977 and has served as president since 1980. During his tenure, IFCU has grown from a single-location, single-sponsor institution with $17 million in assets to a nearly $800 million community credit union that just opened its sixth branch.
Through the years, Dethlefsen has been more than the chief executive officer of Island FCU; he has been a strong advocate of the credit union industry, the Hauppauge, N.Y., credit union said in its announcement. Dethlefsen served on the board of NAFCU for nine years, as well as various NAFCU committees. He served as chairman of the NAFCU Service Corp. for two years and sat on its board of directors for an additional five.