Gordon Edmonds will retire on Sept. 30 from the job of president/CEO of the $614 million Leominster Credit Union in Leominster, Mass., the credit union announced Thursday.
Edmonds joined LCU in 2001 as senior vice president of lending and assumed the top job in June 2007.
“Gordon Edmonds has been an exemplary president. Under his leadership the credit union has nearly double its asset size, and he was the leading force behind the construction of its new state-of-the-art Executive and Operations building in downtown Leominster,” said LCU Board Chairman Amedeo “Butch” Bilotta.
“He is well respected throughout the credit union by directors and employees alike, and is highly regarded in the local communities where he has been involved with a number of civic organizations,” Bilotta said.
Edmonds has been active in community affairs, serving with the Chamber of Commerce, Boy Scouts and the Fitchburg State University board as well as Habitat for Community and Health Alliance Hospital President’s Council.
“Serving for the past five years as president and CEO has been the most rewarding experience of my 37 year career. I am very proud of the accomplishments we have achieved during my tenure, and I am confident that I will be leaving an organization that is well-positioned to achieve much more in the future,” Edmonds said.
Prior to joining LCU, Edmonds worked at Hanscom FCU, Bank of Western Massachusetts and Bank of New Hampshire. He is a graduate of Southern Vermont College and 20-year Air force veteran.
LCU said it will begin a search for his replacement.