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Banking | Finance 2025: KUHLMANN, DIETRICH
PRESIDENT AND CEO, NAVY FEDERAL CREDIT UNION, VIENNA
Virginia Business //September 2, 2025//
Banking | Finance 2025: KUHLMANN, DIETRICH
PRESIDENT AND CEO, NAVY FEDERAL CREDIT UNION, VIENNA
Virginia Business //September 2, 2025//
Last year, Kuhlmann took the helm of the world’s largest credit union, with $180.8 billion in assets and more than 14 million members, succeeding former leader Mary McDuffie.
After retiring from the U.S. Navy as a rear admiral, Kuhlmann joined Navy Federal in 2019 as head of branch operations. He later worked as chief real estate lending officer before being promoted to chief operating officer in 2022.
He came to Navy Federal after more than three decades with the Navy and the Department of Defense. A former commander of Submarine Group Nine, he oversaw all submarine matters in the Pacific Northwest. Kuhlmann graduated from the U.S. Naval Academy and earned a master’s degree in engineering management from Catholic University of America.
In 2024, the Consumer Financial Protection Bureau ordered Navy Federal Credit Union to pay more than $80 million to consumers and $15 million in penalties over overdraft fees. After President Donald Trump returned to the White House, however, he installed new CFPB leadership, who terminated that order in June.
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