Transportation Federal Credit Union Announces New Chief Financial Officer

Alexandria, VA (December 18, 2023): Transportation Federal Credit Union, the premier financial institution of the transportation community, announced the appointment of Mike Beckman as their Chief Financial Officer. Over the past 24 years, Beckman has served as a CFO and leading treasury operations expert at various financial institutions.  He brings a wealth of knowledge from the credit union and banking industry. Beckman will lead the accounting, risk management, and information systems functions. As CFO, Beckman will continue driving the organization’s fiscal strategy to provide value that helps the members achieve their financial goals. Beckman is a graduate of George Mason University. Additionally, he earned the Certified Credit Union Executive designation from CUNA and is a Certified Treasury Professional.

“We are delighted to have Beckman aboard. He is an incredibly skilled and dynamic finance executive with great experience,” said MJ Neusaenger, President & CEO. “I’m confident that he will help us deliver more value and efficiency as we continue to grow this organization.“

About Transportation Federal Credit Union
Transportation Federal Credit Union was founded in 1939 to provide financial services to the transportation community. The organization has grown to serve over 14,000 members throughout the county. With over $280 million in assets, the organization welcomes active, retired, military personnel or contractors of the U.S. Department of Transportation, Department of Maritime Administration, Federal Aviation Administration, Federal Railroad Association, National Highway Traffic Safety Administration as well as 100+ employer groups to open an account. For more information about the organization or to become a member, visit www.TransFCU.org or call 202.366.9400.

TFCU Chief Financial Officer


Starting July 10th we will be sunsetting our Packaged accounts (Express, Concorde, Premiere50). All interest-bearing checking accounts or Performance Checking accounts may incur a $2.00 monthly fee based on new balance requirements. Please see our fee schedule for details. Fee Schedule