SWEDESBORO, NJ, April 29, 2025 - 1166 Federal Credit Union is pleased to announce Michael DiPlacido as its new manager, effective May 1, 2025, succeeding the retirement of Annemarie Shinn, who faithfully served members for nearly 23 years.

DiPlacido brings a wealth of experience in finance and real estate, having spent 11 years as Vice President of Mortgage Lending and Senior Vice President of the Call Center at Police and Fire Federal Credit Union and serving as a real estate agent with Weichert Realtors since 2022. His leadership skills, experience, and core values align perfectly with 1166 FCU’s philosophy of “real people helping real people manage their financial needs,” positioning him for a seamless transition into his new role. 

"I'm thrilled to lead with purpose at 1166 Federal Credit Union, empowering our team to deliver exceptional member service and drive meaningful impact in our community," DiPlacido shared. 

Shinn’s retirement marks the close of a remarkable chapter, during which she helped pave the way for the credit union's growth and the financial wellness of its members. “I want to say thank you for 14 years of the most delightful job I’ve ever had, serving as CEO of 1166 Federal Credit Union,” she shared. 

Chairman of the Board Mike Shawaryn echoed the sentiment of gratitude, expressing, “On behalf of the board, staff, and members of 1166 Federal Credit Union, I would like to thank Annemarie for her 23 years of dedicated service. Her leadership and industry knowledge oversaw the move and transformation of Research 1166 Federal Credit Union to a community-oriented 1166 Federal Credit Union. We wish Annemarie all the best in her retirement.”

The credit union looks forward to the future under DiPlacido’s leadership and invites members to stop by and connect with him and the team.

About 1166 Federal Credit Union

1166 Federal Credit Union, established in 1937, is based in Swedesboro, NJ. We are committed to providing robust financial services, great loan rates, and broad-based financial education to our more than 1,200 current members. Our products include mortgages, student loans, credit and debit cards, checking and savings accounts, ACH access, financial literacy education, and more. The credit union’s unique name references our charter number, but it also adds up to the exceptional service and savings we offer our members. Our philosophy is real people helping real people manage their financial needs. To find out why our credit union membership makes sense for you, visit: https://www.1166fcu.org/membership/.