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Shared CFO Joins Department of Labor FCU and Destinations CU

Wed, Jan 8, 2014

Washington, District Of Columbia

Department of Labor Federal Credit Union (DOLFCU) and Destinations Credit Union recently welcomed Karen Gouldmann as their new, shared chief financial officer. Ms. Gouldmann will share her time between the two credit unions, working in both offices as needed.

Gouldmann has a strong financial background and was most recently employed by Tower Federal Credit Union. Throughout her 16-years of management experience with financial institutions, she has held positions including Chief Executive Officer for U.S. Coast Guard Credit Union, Vice President of Audit and Compliance for MECU in Baltimore, and Senior Auditor for Provident Bank.

“Both Destinations and DOLFCU were looking for a highly qualified CFO candidate in the DC/Baltimore area,” said Joan Moran, Chief Executive Officer of DOLFCU. “As similarly sized institutions, it made sense for us to collaborate in order to attract and retain top talent.”

DOLFCU currently has over $68 million in assets and serves employees and retirees of the U.S. Department of Labor and their families. DOLFCU has two branches in Washington, DC. Learn more at

Destinations Credit Union was originally founded as Baltimore Transit Employees Credit Union in 1935 and has since expanded to include a number of other eligible organizations in its field of membership. Today, the credit union has over $57.7 million in assets and serves more than 8,000 members. Learn more at