Duke University FCU CEO to Retire

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

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

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

“I am retiring from the Duke Credit Union with great mixed emotions,” Fogle said. “I have served the membership with pride over these years. I will miss the board, members and staff. Without the support of our extraordinary management team and staff, we would not be nearly as successful as we have been.”

During Fogle's tenure, the credit union was named National Federal Credit Union of the Year in 2002 and its assets grew by 400%, according to Duke University FCU.

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

Fogle also served as board chair of First Carolina Corporate Credit Union and as a member of numerous state and national committees, the credit union said.

He was instrumental in beginning a regional credit union CEO roundtable and served on the faculty of NAFCU's Management Leadership Institute.

Berry received NAFCU's Professional of the Year Award in 2008 and was nominated by NAFCU in 2010 to serve on the Federal Reserve Board's Consumer Advisory Council.