NEWPORT NEWS, VA – [February 18, 2025] – Langley Federal Credit Union (Langley) announces today that President and Chief Executive Officer Tom Ryan will retire at the end of 2025. Ryan, who has dedicated 40 years to the credit union industry, has led Langley for the past 13 years, overseeing significant growth and a lasting impact on the organization and the communities it serves.

Under Ryan’s leadership, Langley Federal Credit Union’s assets grew from $1.7 billion to over $5.4 billion, and its membership base expanded to 390,000. Ryan’s commitment to innovation and service led to the enhancement of member offerings, technological advancements, and an expansion of outreach programs.

Ryan’s accomplishments in the credit union industry have earned him numerous accolades, including the Outstanding Credit Union Chief Executive Award in 2021 from the Credit Union Executive Society (CUES), the 2018 Eugene H. Farley Jr. Award of Excellence, and recognition in Virginia Business' Virginia 500 Power List from 2020 to 2024, which honors the most influential business leaders in Virginia.

"Serving as President and CEO of Langley Federal Credit Union has been the most rewarding experience of my career.” said Ryan. “As I prepare for retirement, I am confident that Langley will build on the strong foundation we’ve created together to support Langley in its continued success for years to come."

During his tenure, Ryan also played a pivotal role in the creation of the Langley for Families Foundation, a non-profit that has donated over $7 million to local charities, assisting more than 160 organizations and reaching tens of thousands of people in the community.

Langley has consistently been recognized for its employee engagement, ranking in the 92nd percentile in Gallup’s latest international Employee Engagement survey, conducted across more than 200,000 organizations worldwide. "Our employees are at the heart of our success," said Ryan. "They live our values and make a profound difference in the lives of our members."

The Langley Federal Credit Union Board of Directors expressed their deep gratitude for Ryan’s leadership. "Tom’s dedication has transformed Langley into the strong organization it is today," said Dr. Audrey Douglas-Cooke, Board Chair. "His ability to foster a collaborative, high-performance culture has been exceptional, and we are grateful for his impact at Langley."

As part of the succession planning process, Langley has engaged D. Hilton Associates Inc. to conduct a nationwide search for Ryan's successor. Bruce Hoogstraten, Board Vice-Chair and CEO Search Committee Chair emphasized, “We are looking for a leader who not only possesses strategic expertise but also embraces the collaborative, team-oriented values that have been central to Langley’s success.”

Langley Federal Credit Union is confident that the next leader will continue the legacy of innovation, member service, and excellence that Ryan established, propelling the organization to even greater heights in the future.

About Langley Federal Credit Union:
Langley Federal Credit Union is a Virginia-based financial cooperative that has been serving its members since 1936. With over $5.4 billion in assets and 390,000 members, Langley is a full-service financial institution with approximately 700 employees and 20 branch locations in Hampton Roads VA, Richmond VA, and Raleigh NC. Langley is a federally chartered credit union, regulated and insured by the National Credit Union Administration.