Senior Management

David Clendaniel, President/CEO

David Clendaniel has been in the financial services industry for over thirty years. He has been with Dover Federal Credit Union for twenty years, serving in a number of Executive Positions. Mr. Clendaniel was appointed President/CEO of Dover Federal in February 1997. He currently serves on the Advisory Committee for Region II of the National Association of Federal Credit Unions (NAFCU), the Credit Union National Association (CUNA) Consumer Protection Subcommittee, and on the Research Council for the Filene Research Institute. Mr. Clendaniel is also very active locally serving on the Executive Committee of the Greater Dover Committee, a founding Board Member of the Greater Dover Foundation, the Kent AeroPark Development Authority, and Honorary Commander for the 436th Operations Group. A past member of the Federal Reserve Bank of Philadelphia Credit Union Council, Mr. Clendaniel has also previously been on the Executive Board of Directors for USO Delaware and the Central Delaware Chamber of Commerce, most recently as Chairman. He has also coached youth sports and served as a YMCA certified Swim Official.

A graduate of Caesar Rodney High School, Mr. Clendaniel holds degrees from both the University of Delaware and Delaware State University. He also attended the Credit Union Executive Society (CUES) CEO Institute, earning the designation of Certified Chief Executive (CCE) in 2004.



Karen Simpson, Executive Vice President

Ms. Simpson has over 26 years finance and management experience and has served the members of Dover Federal Credit Union in several capacities for over 15 years. She was initially hired in 1994 to serve as Controller and assist with a major data processing system conversion. In 1995, her responsibilities were expanded to include the management of the Information Technology (IT) Department. In 1998, Ms Simpson was appointed Vice President of Finance/Chief Financial Officer, and then promoted to her current position as Executive Vice President in 2005.

Ms. Simpson holds a Masters in Business Administration from Delaware State University and a Bachelors of Science in Accounting from Wilmington College, graduating Suma Cum Laude with the Trustee's Award for Outstanding Scholarship for the Business Program. She also holds designations for Certified Chief Executive (CCE) from the Credit Union Executives Society (CUES®), as well as the designation of Certified Public Accountant (CPA) in the States of Delaware and Maryland. Ms. Simpson has served on the Asset Liability Committee for the Credit Union since 1995. She also serves as an Advisory Board member for the Division of Business at Wilmington College.



Lynne Schwab Schaefer, Vice President of Business Services

Lynne Schwab Schaefer joined Dover Federal Credit Union in January 2011 as Vice President of Business Services. The new division provides the Delaware business community with lending and deposit options. Ms. Schaefer brings over 20 years of diverse banking experience to her new position. Her areas of expertise include regulatory compliance, training and development, performance consulting, investing, lending, and business development.

Ms. Schaefer, a 1988 graduate of Salisbury University, received her Bachelor's degree in Communications. In addition to her diverse banking career, Lynne is also active in the Community, volunteering with the American Heart Association and serving as a Member of the Board of the Southern Delaware American Heart Association. Ms. Schaefer is a past Honorary Commander with the Dover Air Force Base (Maintenance Squadron) and belongs to the Downtown Dover Rotary Club, The Greater Dover Committee, and the Central Delaware Chamber of Commerce.



Anne K. Swierc, Vice President of Operations

Anne Swierc has been in the financial services industry for over thirty years. First employed as a full time teller in 1978, she advanced through positions within the Accounting department, the branch environment as Assistant Branch Manager, a Collector and the Collection Manager until promoted to Vice President of Operations in 2005. She has been providing service to the Dover Federal Credit Union membership for thirty one years. Ms. Swierc has served on numerous committees during her tenure with the Credit Union and is currently a member of the Asset Liability Committee.

Ms. Swierc is a graduate of Central High School in Auburn, New York.




Heather Shupe, Vice President of Human Resources

Heather Shupe has been in the human resources field for the past ten years. Prior HR roles have been as a manager and consultant. After working for a local security and investigation firm as their HR Manager, Mrs. Shupe left Gettier Security to join HRN Management Group in 2005, where she was assigned to Dover Federal Credit Union. She served as a consultant to Dover Federal Credit Union for the past three years and was offered the VP of Human Resources poition in January of 2009. Mrs. Shupe has been an active member of the National Society for Human Resource Management (SHRM) for the past six years and is active in both the New Castle DESHRM Chapter and the DelMarVa SHRM chapter. She is actively engaged as a Board member for both local chapters. Mrs. Shupe is locally active and was appointed by the Governor to serve on the Board of Examiners of Private Investigators and Private Security Agencies.

A graduate of St. Mark's High School, Mrs. Shupe holds a Bachelors of Arts degree in Psychology from Immaculata University and a Masters Degree in Social Work from Widener University.



Belinda Burke, Chief Financial Officer

Ms. Burke has had over twenty years of diversified credit union experience that includes the areas of Accounting, Financial Management, Operations, Branch Administration, Information Technology, Compliance, and Internal Audit. In addition, she has attended the Credit Union Executive Society (CUES) CEO Institute, where she earned the prestigious designation of Certified Chief Executive (CCE).

Ms. Burke, a native of Virginia, graduated from Virginia Tech with a degree in Finance. She is a licensed Certified Public Accountant and also holds the title of Certified Management Accountant. Ms. Burke recently relocated to Delaware with her family and looks forward to getting involved with the community.




Dover Federal Credit Union • All rights reserved 2013
Dover Federal Credit Union is an Equal Opportunity-Affirmative
Action employer.
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