MANCHESTER, N.H. – Long-time Telephone CU of New Hampshire President/CEO Richard Mahoney died on Sept. 22 at the age of 62 from complications resulting from an automobile accident. Mahoney's credit union career spanned 36 years. Mahoney was scheduled to retire from the credit union in February. He was affectionately referred to as "Mr. Credit Union" by the CU's employees. He served in many roles with the New Hampshire CU League, including as chairman of the Legislative Committee from 1980 to 1986 and also from 1989 to 1998. From 1986 to 1989 and in 1993 he was chairman of the League. He was also on the League's executive committee. "Dick's presence will be missed, but his contributions to the health and well-being of the credit unions in New Hampshire will be felt for many years to come," said Dan Egan, president of the New Hampshire CU League. Mahoney is a former CUNA national director and a director of the New Hampshire Banking Commission. He earned recognition for working on an ad hoc committee in the `80s that helped repeal the Interest and Dividends Tax on credit union deposits. He was issued a Resolution of Condemnation and Appreciation by the League for his efforts in this area. He was dedicated to helping foster growth among telephone worker credit unions. He was active in the Telephone Workers' Credit Union Advisory Council, a group made of CUs serving telephone companies and workers. The group still exists and meets quarterly. Charitable organizations also played an important role in Mahoney's life. He was a past director of the American Red Cross, director of the SMB Charitable Foundation, chairman of the Make-A-Wish Golf Tournament, and chair of the New Hampshire CU League's Social Responsibility Committee. "Think about every time you've heard someone say, `I know Dick Mahoney. He's a great guy.' And remember the conviction in which they said it. That's what made Dick Mahoney a very special man," said Michael L'Ecuyer, senior VP of Telephone CU of New Hampshire, who worked closely with Mahoney.

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