BAILEYVLLE, Maine–Down East Credit Union has named a new CEO.
The $192-million Down East has selected Joe Moses for the role.
Moses had previously served as president and will now also add CEO to the title.
Moses replaces the retiring David Tozier, who joined Down East CU in 1995 and oversaw growth from $18 million in assets and one location to its current asset size and eight branches.
Tozier also helped to create three CUSOs during his tenure: Consolidated Solutions, LLC, an indirect lending platform; Down East Insurance Agency; and Culane, LLC, the newest indirect lending platform.
Down East Credit Union has approximately 21,000 members.