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The Board of Directors of DFCU Financial is pleased to announce the appointment of Ryan Goldberg to lead our team as President and Chief Executive Officer effective March 28.
1. Navy Federal Credit Union. Navy Federal is the largest credit union in the country. It has more than 300 branches (which rivals one or two of the biggest banks in the U.S.), mainly in the Northeast, and more than 12 million members, totaling $144 billion in deposits.
This strategic merger catapulted the combined entity to new heights, boasting a total of $7.1 billion in assets and nearly $800 million in capital across its Michigan and Florida footprint. DFCU now serves its members at branches in Metro Detroit, Ann Arbor, Lansing, Grand Rapids and Tampa Bay, Florida.
About DFCU Financial Founded in 1950 and headquartered in Dearborn, Michigan, DFCU Financial is one of the top performing credit unions in the country with assets of approximately $6.3 billion and a net worth of about $850 million, serving more than 240,000 members.
The combined entity has approximately $6 billion in assets and nearly $800 million in capital across its Michigan and Florida footprint, with a total of 33 branch locations. This was the largest community bank acquired by a credit union in the country during 2022.

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DFCU Financial Company typeCredit unionHeadquartersDearborn, Michigan, United StatesKey peopleJim Cowper, Chairman of the Board Ryan Goldberg, President and CEOProductsSavings; checking; consumer loans; mortgages; credit cards; online bankingTotal assets$6.5 billion USD (2021)4 more rows
Yes, DFCU has deposit insurance through the NCUA (National Credit Union Administration) for credit unions and acts similar to the FDIC, which is a federal insurance agency for banking institutions. NCUA insures up to $250,000 per person, per ownership category, per financial institution.
In 2003, Dearborn Federal Credit Union becomes DFCU Financial to reflect an expansion of branches, services, and members beyond Dearborn.

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