Professional Staff
Board Members
History
Professional Staff
Board Members
History
Professional Staff
Board Members
History |
Professional Staff
The office staff is comprised of ten professionals ready to assist you in
every way.
- President, Richard Lachance has been with Maine Education Credit
Union since 1999 and has over
20
years of experience. Mr. Lachance holds a B.S. degree in Business
Administration from the University of Southern Maine and is a graduate of CUNA
Management School.
- Operations Supervisor, Kelley Wathen, has been with the credit union for
14 years. She holds a degree from the University of Maine, Farmington and has
18 years of financial industry experience. She is a Notary
Public.
- Loan Coordinator, Diane Nickerson, has been with credit unions
for 25 years. She joined Maine Education Credit Union in 1995.
- Marketing Representative, Wendy Brochu, has been with
Maine Education Credit Union for 11 years. She has a total of 20 years in
Credit Unions.
- Member Services Coordinator, Emily Symes join our staff in 2001 after 6 years with Maine State Employees Credit Union.
- Collections Officer, Linda Fraser, rejoin our staff in April of
2001, after having worked for another local credit union for 12
years.
- Member Service Rep., Debra Ray joined the staff in 2005 after 8
years with Chestnut Community Credit Union. She is a '72 graduate of
Cony High School
- Member Service Rep., Rhonda Carr joined the staff in 2005 after 5
years with Chestnut Community Credit Union and a number of years in the
financial services industry.
- Member Service Rep., Betty Jo Smith joined our staff in 2005 after
2 years with Chestnut Community Credit Union. She holds a B.S. degree in
Managerial Accounting from Husson College and is a Notary Public.
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Board Members
The Board of Directors is comprised of seven (9) elected credit union members
These Board Members set policy, control the affairs, and set the direction of
the credit union. The Board meets once a month to review the financial reports
and accept the reports of the Committees. Once a year, the Board meets with the
Staff and conducts a strategic planning session. All Board members are enrolled
in the Volunteer Achievement Program of the Credit Union National Association.
- Chairman - Norman Davis has a B.A. from Nasson College and a M.Ed from the
University of Southern Maine. He retired from Cony High School after 30 years
in the mathematics department. He has served on the Board of the Credit Union
since 1987 and as Chairman since 2000.
- Vice Chairman - Thomas Riker holds a B.S. from UMF, M.Ed. and CAS from UMO.
He has taught for 29 years in S.A.D. 47, Oakland. He is former president of
and negotiator for the Messalonskee Teachers’ Association. He is a member of
the Credit Union’s ALM committee and has served on the board since
1993. He has earned the Blue Diamond Award in the Volunteer Leadership Program
of the Credit Union National Association.
- Secretary Clerk - Norma Boothby has a B.A. in Romance Languages, M.Ed and
a CAS, all from the University of Maine, Orono. She was an educator for 28
years. She taught at Mattawamkeag H.S., Foxcroft Academy, and Rockland Dist.
H.S. She has served on the Credit Union Board since the Credit Union’s
founding, 39 years ago. She has earned the Blue Diamond Award in the Volunteer
Leadership Program of the Credit Union National Association.
- Treasurer - Shirley Randell holds a B.A. in Education from the United
College of Gordon & Barrington. She was an educator for 25 years. She taught
in Hallowell and Manchester, Maine. She has served on the Credit Union Board
since 1990 and has been Treasurer since 1995. Shirley serves on the Credit
Union’s Budget and Facility Committees.
- Board Member - Phil Michaud has a M.B.E. from Thomas College in
Waterville. He has taught Business Education for 32 years in both the Augusta
and Maranacook School Systems. He is currently the Dept. Head for
Business/Computer Education at Cony High School and Director of the school's
'"Chizzle Whizzle" show. He joined the Board in 2000
and serves on our ALM Committee.
- Board Member - Ann Anctil has a B.A. from St. Joseph’s College and an M.A.
from UMO. She has been an educator for 30+ years and currently teaches French
at Lisbon High School. She is past president of the Maine Education Association
and currently serves as vice-chair of the Maine Coalition for Excellence in
Education. She has been on the Credit Union Board since 1995.
- Board Member - Pam Paquin retired as
principal of Wiscasset Middle School in 2001, after a long career in
education.. She joined the Board in 2000 and is currently a member of the credit union's Personnel
Committee and Supervisory Committee.
- Anthony Pavone - Tony joined our board in 2005 as part of the merger with
Chestnut Community Credit Union - where he served as Chairman for nearly 10
years. He's enjoyed a long career in the food services industry.
He has two grown children and resides with his wife in Rockland.
- Kevin Richardson - Kevin joined the board as part of the merger after
having served in a variety of volunteer positions at Chestnut Community Credit
Union for over 20 years. He's employed with State Dept. of Human
services as an accountant. He resides in Augusta with his wife and 2
children.
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History
Maine Education Credit Union was chartered in
1967 as the Maine Teachers Association Credit Union by members of the Maine
Teachers Association. The field of membership was limited to members of the
Maine Teachers Association. It was operated part-time by the assistant treasurer
of the Association and was considered a "shoe box" operation. Four years after
its founding, Jacqueline Fortunato was hired as a manager (a position she held
until her retirement in July of '99) and operated the credit union out of her
home. Under Jacqueline's leadership, products and services were added, the
credit union's hours were expanded and the one person operation evolved into a
full service financial institution with a five person staff.
After moving from Jacqueline's home, the Maine Teachers Association subsidized
the credit union by providing free office space. The credit union grew to be
self-sufficient while continuing to lease space within the Association's
building. As the credit union grew, we needed more space and in May of '01
we purchased our own building Our current space of 2700 square feet provides for a
modern teller area,
private loan offices and ample storage with room for growth.
The credit union was founded originally to provide an alternative to "for
profit" banking for educators who otherwise would not have had access to a
financial cooperative. The credit union initially offered only shares and
personal loans. The philosophy of the founders was to not compete with other
teacher credit unions and, as a consequence, the credit union did not widely
market its services and remained relatively small. That philosophy changed over
the years, and the board of directors and management determined that it ought to
become a full service financial institution and offer a full menu of financial
products and services. This proved to be a wise decision that has opened
up many new opportunities for the credit union and its members. Fierce
competition and the costs to offer the latest services has lead to
consolidations and mergers within our industry, both nationally and close to
home. One such credit union, Chestnut Community, decided to join forces
with us and a merger was completed in May of '05. Our membership has now
expanded to include the communities of Augusta, Hallowell and Farmingdale.
Assets now exceed $20M and we service nearly 4300 members.
As we look to the future, the credit union continues to expand its'
product offerings. We are committed to providing our members with the latest
technology and the most convenient access to their accounts.
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