New Hampshire’s Second Largest Credit Union Appoints New CEO
Chris Parker will succeed Timothy J. Collia, who plans to retire after serving 19 years at the helm.
The board of directors for Northeast Credit Union in Portsmouth, N.H., appointed Chris Parker as president/CEO.
He will succeed current NECU President/CEO Timothy J. Collia who, after 19 years at the helm, announced his retirement earlier this year.
Under Collia’s executive leadership, the credit union grew its assets from $357 million in 2002 to $1.9 billion at the end of this year’s first quarter. What’s more, New Hampshire’s second largest credit union also increased its membership from 39,498 to 139,742, while the number of employees expanded from 132 to 340 from 2002 to 2021, NCUA’s Call Reports showed.
Parker served as an interim co-CEO at the $2.3 billion Partners Federal Credit Union headquartered in Burbank, Calif. He was based in Lake Buena Vista, Fla.
Since joining Partners in 2007, he served as its COO and chief member service officer. In 2017, Parker became the EVP and COO.
Before he joined the credit union movement, he worked at Citi Bank and Capital One Bank.
“We are excited to bring Chris on as our next CEO,” Partners Board Chair Raymond Bald said. “He has wonderful experience in the credit union world, and we are sure that under his direction, Northeast will continue to flourish, just as it has under our outgoing CEO, Tim.”