R
oss Upton elected President and CEO
at St. Anne’s Credit Union
FALL RIVER, MASSACHUSETTS, April 3, 2008 … Albert E. Mercier, chairman of the Board of Directors of St. Anne’s Credit Union of Fall River, announced today that Ross R. Upton of Mattapoisett is the new president and CEO of the Credit Union. He succeeds John R. Ledwidge, who announced his retirement at the Credit Union’s Annual Meeting on March 30, having served as president and CEO for the past 11 years. Ledwidge will continue to serve on the Board of Directors.
Upton was elected at a special meeting of the Board following the Annual Meeting.
“Ross has served the Credit Union well during his 15-year tenure here,” said Chairman Mercier. “He has the vision and leadership qualities to take us to new heights in the future.”
Upton joined St. Anne’s Credit Union in 1993 as chief financial officer after serving for more than two decades as senior vice president and treasurer of a state-chartered Massachusetts savings bank.
A native of Dartmouth, he holds a bachelor’s degree from the University of Massachusetts/Dartmouth, an MBA from Bryant College, and an MST degree in taxation from Bryant College.
Upton is a corporator of the Battleship Massachusetts at Battleship Cove and a finance committee member. He is a frequent lecturer and teacher at Credit Union Association seminars and schools, and a frequent panelist at industry workshops. He teaches a course in Asset Liability Management and Investments at the Babson College Center for Executive Education.
Mattapoisett residents, Upton and his wife, Kathleen, are the parents of four grown children.
In his announcement, Mercier praised the role Ledwidge has played in the continual success of St. Anne’s Credit Union.
“During Jack’s presidency, St. Anne’s has grown consistently and considerably, in both membership and asset size, and has extended its geographic footprint in order to offer the St. Anne’s brand of financial services to more and more people in Bristol, Plymouth and Barnstable counties.”
St. Anne’s Credit Union, established in 1936, has full-service offices in Dartmouth, Fairhaven, Fall River, Somerset and Swansea and Loan Centers in New Bedford and Seekonk. The Credit Union also offers online financial services at www.stannes.com.
Deposits are federally insured by the National Credit Union Administration and also by the Massachusetts Credit Union Share Insurance Corporation.