SHREWSBURY, Mass.–Central One FCU has named a new president and CEO.
The $737-million has selected Devon Lyon to lead the organization. Lyon, who has been serving as COO with Direct FCU, will officially succeed Dave L’Ecuyer on Aug. 22nd.
L’Ecuyer, who is retiring, has led Central One as CEO since 1994 after joining the credit union as an assistant manager in 1990, before being promoted to manager of operations in 1991.
Lyon has been with Direct FCU since 2018. Prior to that he served in senior leadership roles at several financial services institutions, including as director of education at the National Association of Federally Insured Credit Unions. (NAFCU).
Lyon holds a juris doctorate from Albany Law School of Union University, and a bachelor’s degree in political science from Binghamton University.
Honored by Selection
"I am honored to be named the CEO of Central One Federal Credit Union as this tremendous organization has a proud history of providing world class service to our members,” said Lyon. “I have seen the positive impact credit unions have made in the lives of their members my entire career. In the current economic environment, it is more important than ever for individuals to choose to bank locally with a credit union. I look forward to working with the Board and the team in continuing to help all members of the communities we serve by providing a great mixture of products designed to fit their specific needs."
COFCU has more than 34,000 members.