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With only 20 credit unions in the tiny New England state of New Hampshire, credit union executives know each other.

So when the tragic news of the death of the 62-year-old Northeast Credit Union President/CEO Peter J. Kavalauskas came over the weekend, the state’s credit union executives were shocked and saddened.

Read more: NECU’s Kavalauskas Killed in Snowmobile Accident

“It was shocking to hear the news, especially after Peter announced his retirement,” said Brian F. Hughes, president/CEO of the $193 million Holy Rosary Credit Union in Rochester, N.H., who said he had known Kavalauskas for 10 years.  “I was really happy for him and his retirement plans. Boy, how things change quickly.”

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Peter Strozniak

 

Credit Union Times

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