LEOMINSTER, Mass.–Leominster Credit Union has named a successor to President/CEO John O’Brien, who plans to retire on Nov. 30.
The $752-million Leominster Credit Union has named Barbara Mahoney as the next president/CEO to replace John O’Brien. The news was first reported by the Cooperative Credit Union Association.
Mahoney joined Leominster CU in 2003 as VP-human resources, and was named senior VP-HR in March of 2010. She was named SVP/chief operating officer in January 2019, and she has been “providing leadership, direction and vision for the operations, information technology/risk, human resources and facilities functions, the CCUA said.
Before joining Leominster Credit Union, Mahoney was employed for 13 years at Allmerica Financial as director of human resources and prior to that she worked for Bank of Boston.
“I am honored and humbled by the board’s decision and very excited to take on the CEO role, representing and leading Leominster Credit Union,” said Mahoney. “We have an exceptional team and I know through their passion and commitment we will continue to move LCU forward. John established an excellent foundation and I am confident we are positioned well for continued success.”
‘Very Rewarding Career’
O’Brien is retiring after 13 years with LCU.
“I have enjoyed my 13 years at Leominster Credit Union as well as my 41 years in the banking industry. The last seven-and-a-half years as the CEO of LCU has been a very rewarding experience,” O’Brien was quoted by the CCUA as saying. “I believe the credit union is in an excellent position, with a strong management team in place, solid results, excellent employee morale, and a strong vision. I feel very fortunate to be able to retire at a time that both works for me, and works well for LCU.”
Added Board Chairman Giulio Greco, “John is well respected throughout the credit union community and has been dedicated to giving back to non-profit organizations in the communities in which we live and work. He has been a strong asset to Leominster Credit Union, and we will miss his leadership.”