Texas City, Texas, February 20, 2026 — AMOCO Federal Credit Union today announced that Patrick “Darby” McDermott, Executive Vice President of Operations Sales and Services, will retire in March 2026 after an exceptional career spanning more than 41 years in the financial services industry.
McDermott began his career in 1985, specializing in credit and debit card processing and credit card portfolio management. His early work supporting credit unions, including serving as AMOCO’s relationship manager during his tenure at Town North Bank, earned him a strong reputation for guiding institutions through growth and operational evolution.
In 2018, McDermott joined AMOCO Federal Credit Union as Executive Vice President of Operations Sales and Services. Throughout his tenure, he played an instrumental role in advancing the credit union’s strategic priorities. His leadership supported the enhancement of AMOCO’s sales culture, credit card portfolio expansion efforts, and product diversification. McDermott also championed key initiatives that strengthened project management practices, modernized delivery channels, and expanded member investment and retirement services. His deep industry expertise and steady, member‑focused approach helped position AMOCO for continued long‑term success.
“Working alongside Darby has been one of the great privileges of my career,” said Shawn Bailey, CEO of AMOCO Federal Credit Union. “His steady leadership and practical wisdom have helped shape AMOCO’s success. He leaves our organization stronger than he found it, and his influence will continue to be felt long after he’s gone. We’re all grateful for Darby and wish him a happy and fulfilling retirement.”
Reflecting on his career, McDermott shared, “It has been an honor to serve our members and work alongside such dedicated professionals I consider friends.”
McDermott’s retirement marks the conclusion of a remarkable career defined by his commitment to excellence, service, and leadership within the credit union movement.
About AMOCO FCU
Headquartered in Texas City, TX, AMOCO Federal Credit Union has proudly served as A Member Owned Cooperative Organization for over 88 years and has been committed to its mission of “serving the financial needs of its members/owners.” Named one of Newsweek’s 2025 America’s Best Credit Unions and voted Best Credit Union by Galveston Daily News readers, AMOCO has established itself as one of the top 10 locally owned financial institutions in the Houston/Galveston area with over 100,000 members, $1.4 billion in assets, $1.1 billion in loans outstanding, and $125 million in equity. To learn more about AMOCO, please visit https://www.amocofcu.org/meet-amoco/.
