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Retiring Chessie FCU President Reflects on Career

December 23rd, 2020 by WCBC Radio

After 33 years on the job, Richard “Doc” Daugherty will be retiring next month as president of Chessie Federal Credit Union. First hired at Chessie in 1987, Daugherty was named president in 1991. He tells WCBC News that 2020 was a challenging year not only because of the Coronavirus pandemic, but also because Chessie merged with Al-Gar Federal Credit Union. He said the changes in the financial industry have been tremendous during his tenure…


Chessie was selected by Forbes in 2020 as one of the top three credit unions in Maryland and operates nine branches in Cumberland, LaVale and Frostburg and Keyser and Grafton, West Virginia. Daugherty, who will officially retired January 8th, said he plans to stay in the area with his first grandchild expected in March and another of his daughters getting married in July. Scott Kline will become president at Chessie upon Daugherty’s retirement.