Deputy Chief Operating Officer

DEPUTY CHIEF OPERATING OFFICER
Lafayette Federal Credit Union
$2.1B Assets
Rockville, MD

Are We the Place for You?
Lafayette Federal Credit Union (LFCU), headquartered in Rockville, Maryland, is seeking a Deputy Chief Operating Officer (DCOO) to serve as a designated partner to the Chief Operating Officer. For more than 90 years, LFCU has supported over 57,000 members and manages more than $2.1 billion in assets, earning a strong reputation for financial strength, personalized service, and trusted member relationships.

LFCU is built on a culture of collaboration, integrity, and service excellence, with a strong focus on empowering members, strengthening communities, and creating an environment where employees can make a meaningful impact.

Our Mission Statement:
"We SERVE, SUPPORT, and EMPOWER our members by understanding their financial needs; delivering products and services to achieve their financial goals and offering solutions to assure their financial well-being."

Our Vision Statement:
"Your credit union for life."

This vision reflects our commitment to being a lifelong trusted financial partner, delivering exceptional experience and innovative solutions at every stage of our members’ financial journey.

Is This the Career for You?
The Deputy Chief Operating Officer serves as a strategic support partner to the COO, focused on strengthening execution, coordination, and follow-through across key operational priorities. This role helps ensure that enterprise initiatives move forward efficiently by organizing decision support materials, tracking commitments, and maintaining visibility into project status, risks, and dependencies. Acting as an extension of the COO when delegated, the Deputy COO facilitates communication across executive leaders and operational teams to keep priorities aligned and on schedule, without directly managing senior leaders or their departments.

In addition to day-to-day operational coordination, the role plays a key part in managing cross-functional initiatives such as process improvements, space planning, branch expansion, mergers, and enterprise projects. The Deputy COO also supports regulatory readiness by coordinating exam preparation, audit follow-ups, and documentation across internal stakeholders and external regulators.

Overall, this position is best suited for someone who thrives in structured execution, executive-level coordination, and enterprise project management, serving as a connector who turns strategy into action through organization, influence, and disciplined follow-through.

Help Us Get to Know You?
Bachelor’s degree in business administration, Finance, Management, or a related field is required, with an MBA or advanced degree preferred. The role requires 8–12 years of progressive experience in financial services, banking, credit unions, operations, project management, or similar leadership support roles. Candidates should demonstrate strong experience coordinating across multiple operational functions, including lending, servicing, branch operations, facilities, information technology, project management, and enterprise-wide strategic initiatives.

Compensation: The starting salary range for this position is $170,000 to $220,000 annually.

ABOUT DDJ MYERS, an ALM First Company
DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Please learn more about us at www.ddjmyers.com.