BURLINGTON, Vt. — There is new leadership at Vermont Federal Credit Union.
Bernard P. Isabelle has recently been named president/CEO of the $226 million credit union. Isabelle will replace longtime CEO Joseph M. Finnigan, who has served as the credit union's leader since 1978 and announced his retirement earlier this year.
Isabelle comes from Pittsfield, Mass.-based Greylock Federal Credit Union, where he served as both the senior vice president/chief financial officer and the senior vice president/chief investment officer. He also formed and served as treasurer of Greylock's two wholly owned subsidiaries.
He has an MBA in finance from the University of Connecticut and graduated with honors, magna cum laude, with his B.S. in accounting from the University of Vermont. He also graduated with distinction from the American Bankers Association Stonier Graduate School of Banking.
While working for Peat Marwick Mitchell & Co. in Hartford, Conn., he received his CPA.
No stranger to the financial services industry, Isabelle also previously served as a senior-level executive at several northeast financial institutions, including Sikorsky Federal Credit Union and First Federal Savings & Loan of East Hartford, building extensive experience in investments, financial reporting, budgeting and expense control, asset/liability management, strategic planning, insurance, and audits in addition to his operational responsibilities.
Outgoing President/CEO Joseph Finnigan, who is also board treasurer, will be assisting in the transition through the first quarter of 2009.
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