Merck Sharp & Dohme Federal Credit Union Names New CEO
CHALFONT, PA – (February 23, 2021) After an extensive search, the Board of Directors of Merck Sharp & Dohme Federal Credit Union (MSDFCU) is pleased to announce the selection of Dana DeFilippis as the Credit Union's new Chief Executive Officer, effective March 1, 2021.
Thomas Eisenberger, Board Chairman, said, “the Board is confident in its decision to promote Dana DeFilippis to CEO of MSDFCU. Dana has a keen understanding of our organization and is truly aligned with the credit union mantra of “people helping people.” During her tenure at MSDFCU, Dana has championed many new products and services. She remains committed to the superior level of service our members have come to expect. and will continue to make MSDFCU an exceptional financial resource for our membership.”
Eisenberger, stated, "On behalf of the Board, I would like to thank David Whitehead for his leadership and commitment to our members over the past 24 years. We wish Whitehead success for all that lies ahead." Whitehead stated, “I thank the Board, staff, and membership for their support over the years and wish DeFilippis the best as the Credit Union is good hands.”
DeFilippis, who serves as Senior Vice President, is succeeding current CEO David Whitehead, who plans to retire on April 2, after 24 years of service at MSDFCU and a 45-year banking career.
DeFilippis has over 25 years of banking experience, including 23 years at the executive level with MSDFCU. She launched her career at MSDFCU in 1999 as Vice President of Finance before being appointed Senior Vice President in 2019. Prior to MSDFCU, DeFilippis was an Auditor with a Philadelphia regional accounting firm and Accounting Manager at a Philadelphia bank.
When asked about her new position, Dana stated, "I am incredibly excited to embark on this new journey as Merck Sharp & Dohme Federal Credit Union's CEO. I look forward to working with our dedicated Board of Directors and exceptionally talented team, building on our successes, and continuing to improve our members' financial lives."
DeFilippis earned her Master of Science in Taxation at Temple University and Bachelor of Science in Accountancy from Villanova University. She is a Certified Public Accountant and Certified Credit Union Executive. She serves as treasurer for the Delaware Valley Credit Union Executive Society and secretary of the Montgomery County Chapter of Credit Unions.
About Merck Sharp & Dohme Federal Credit Union (MSDFCU)
Based in Chalfont, Pennsylvania, Merck Sharp & Dohme FCU is a non-profit financial institution offering a full line of financial services and products. MSDFCU serves approximately 30,000 members at its seven branches located throughout Southeastern Pennsylvania. Learn more at www.msdfcu.org.