Joe Gervais has been named president/CEO of the $126 millionMidcoast Federal Credit Union in Bath, Maine.
|Gervais has spent the past 13 years at the $211 million,22,900-member University CU in Orono, Maine, including the past seven asexecutive vice president.
|At Midcoast FCU, Gervais succeeds Gail Richardson, who is retiring after 33 years of service andleadership to the Maine credit union committee, the 14,500-memberMidcoast said in its announcement.
|“I have known Joe for many years and have always been impressedwith his knowledge and professionalism. I am confident that underJoe's leadership the credit union will continue to thrive,”Richardson said in the announcement.
|“I am looking forward to beginning my stewardship of MidcoastFCU,” Gervais said. “The credit union has a rich history ofproviding highly personalized service to its members and I lookforward to building upon its past success and expanding the creditunion's support of the Midcoast community.”
|Gervais is a 20-year credit union industry veteran and BostonCollege grad who also has served for the past several years aspresident of Primary Mortgage Corp., a credit union subsidiaryproviding secondary market mortgage services to other Maine creditunions.
|He is an active member of Maine Credit Union League GovernmentalAffairs Committee and regularly testifies before the statelegislature. He also is the current treasurer of the PortlandIndependent Business and Community Alliance (Portland BuyLocal).
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