SOUTH BOSTON, Mass.–Mass Bay Credit Union has named its next CEO.
The $249-million Mass Bay has selected Terry Dorilas to succeed the retiring John Thomas as the organization’s leader. Dorilas is currently COO at Mass Bay, where she has been overseeing the operations, accounting, human resources, branch administration, collections, servicing, and lending departments.
Dorilas has also previously served as CRO at Mass Bay and previously at what is now Homefield Credit Union.
“We are excited to have Terry take the reins of our great community-centered organization,” said Chairman Jeremiah P. Ahern in a statement. “I know she will continue to build on our effort to make Mass Bay the number-one destination for consumers looking for locally based banking with easy access around town, at home or anywhere you go, nationwide. We are also grateful to John Thomas for all Mass Bay Credit Union has accomplished for our members under his leadership.”
Dorilas, who has more than 30 years’ experience in financial services, added, “I am honored to have this opportunity. At Mass Bay, our focus is on service to our members and making a difference in the community. We will continue to be on the leading edge of technology to provide the products and services that will help our members achieve their financial goals, and we will also continue to increase our presence and support of community events and local charities. When people think of Mass Bay, we want them to think of easy banking at an institution that truly cares about them.”
Mass Bay was chartered in 1936 and today has nearly 19,000 members.