After eight years as CEO/president, Ed Lopes is resigning from the $127 million, 10,848-member Grafton Suburban Credit Union in North Grafton, Mass., to take over as CEO/president of the financially struggling $623 million, 24,226-member Liberty Bay Credit Union in Braintree, Mass.
"The credit union made a lot of progress during Ed's eight years at the helm," said Andrew S. Nelson, chair of Grafton Suburban CU. "We wish him the best with his future endeavors."
Lopes helped Grafton Suburban CU become more progressive through technology, community integration and member services, his former employer said. In announcing his resignation, the credit union said Lopes was taking the CEO position at Liberty Bay CU.
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