Lee Fogle, who served nearly 18 years as president/CEO of DukeUniversity Federal Credit Union, will retire in December.

“Lee has provided strong leadership for many years,” MimiO'Brien, the credit union's board chair said in a press release.“He always places the needs of the members first and this focus hasbeen integral to building the Duke Credit Union into the excellentorganization it is today.”

Daniel Berry, the organization's current COO, was selected asthe new CEO effective Dec. 1, according to the $114 million DukeUniversity FCU in Durham, N.C.

“I am retiring from the Duke Credit Union with great mixedemotions,” Fogle said. “I have served the membership with pride over theseyears. I will miss the board, members and staff. Without thesupport of our extraordinary management team and staff, we wouldnot be nearly as successful as we have been.”

During Fogle's tenure, the credit union was named NationalFederal Credit Union of the Year in 2002 and its assets grew by400%, according to Duke University FCU.

Under his direction, the credit union also transitioned in 2008to an enhanced full-service facility with a comprehensive financialeducation center, staffed by two financial guidance counselors.

Fogle also served as board chair of First Carolina CorporateCredit Union and as a member of numerous state and nationalcommittees, the credit union said.

He was instrumental in beginning a regional credit union CEOroundtable and served on the faculty of NAFCU's ManagementLeadership Institute.

Berry received NAFCU's Professionalof the Year Award in 2008 and was nominated by NAFCU in 2010 toserve on the Federal Reserve Board's Consumer Advisory Council.