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Liberty Bay Credit Union announces promotions to align with strategic vision

BRAINTREE, MA (March 4, 2019) — Liberty Bay Credit Union’s President Lyndon Matteson is excited to announce the promotion of several key members of the management team that will align with the initiatives of Chief Executive Officer Edward Lopes and the Board of Directors, in the 2019–2022 Strategic Plan. “These are outstanding leaders who combine deep technical competencies with strong collaboration skills,” said Matteson.

Joseph Bean will serve as Executive Vice President and Chief Lending Officer. Mr. Bean will oversee all aspects of Commercial, Residential and Consumer Lending. Prior to joining Liberty Bay, Bean was President and CEO, serving for 38 years, of the recently acquired Hingham Federal Credit Union. Preceding this promotion, Bean was the Senior Vice President of Finance and Lending.

Peter Dennis has been named Executive Vice President of Affinity Banking. He will also oversee Corporate Communications and Marketing. Dennis was Senior Vice President of Business Development, Marketing and Retail Services. Dennis initially joined Liberty Bay in 2014 as a consultant.

James Quinn has been promoted to Executive Vice President of Human Resources, responsible for all staff functions. He will also oversee facilities administration. Quinn previously served as Liberty Bay’s Senior Vice President Administration and Vice President of Human Resources.

Kathy Peila will serve as Senior Vice President of Project Administration. Peila’s prior role with Liberty Bay was as First Vice President Project Management and Deposit Operations.  Peila was employed at Boston Private Bank for 25 years.

George Kelly will serve as Senior Vice President and Chief Strategic Officer. Leading up to this promotion, Kelly served for four years as Vice President, Finance and Risk. Kelly has held past positions with PricewaterhouseCoopers as well as Corporate Finance Group (CFGI).

Stephen Fulchini will continue to head up Information Technologies as Senior Vice President. Fulchini has been employed at Liberty Bay for 33 years with past roles as First Vice President of Information Technologies and Manager of Deposit and Retail Operations.

Fred Williams has been promoted to Senior Vice President and Chief Financial Officer. Williams’s prior role was as First Vice President, Controller and Chief Accounting Officer. Williams has also held positions with Peoples Federal Savings Bank (PEOP) and Danversbank (DNBK), among others.

The promotions are consistent with the overall strategy of Liberty Bay’s long term business growth initiatives. Liberty Bay CEO Lopes said, “Through these promotions, Lyn Matteson is aligning our leadership resources with a suite of business development initiatives that he has presented to the Board of Directors. He has positioned the credit union to deliver better banking experiences for our members while accelerating our plans for growth in the communities we serve.”

Operational transitions will occur in a phased approach, and will be completed by mid-May, coinciding with the hiring of a new Chief Operating Officer. Liberty Bay is one of the most established credit unions in New England and looks towards continued growth in all sectors with these strategic promotions.

James Quinn

Joseph Bean

Peter Dennis


About Liberty Bay Credit Union

Liberty Bay Credit Union, established in 1917 and located in Braintree, MA, is a fully insured, service-focused institution with over 100 years of dedication to its members. The institution offers a wide range of financial services, including savings accounts, loans, investments, and digital banking solutions. For more information, please contact Cindi Carlson (VP, Marketing) at ccarlson@lbcu.org

Contacts

Cindi Carlson
Vice President Marketing
(617) 439-6595
ccarlson@lbcu.org

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