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Douglas Petersen was a fixture in North Central Massachusetts business circles before last year, but his status hit new heights when his Workers' Credit Union announced it hit the $1-billion asset mark, which led the firm to pay out $2 million in dividends to its members, the first ever give-back program in its 101-year history.
Not to rest on its laurels, Workers' assets grew more than 10 percent in 2014 to more than $1.15 billion. As a result, the credit union launched another dividend program, this time giving back $2.5 million to its members.
Petersen, who joined Workers' in the mid-1990s, has sat as a volunteer on a number of local boards. He helped lead the team that hired Roy Nascimento to succeed David McKeehan as president and CEO of the North Central Massachusetts Chamber of Commerce and last month he was elected chairman of the board for The United Way of North Central Massachusetts.
Change Agents: Executives bringing their organizations to new heights
Visionaries: Forward thinkers pushing to realize the promises of the future
Politicos: Public officials leveraging their positions to further business development
Fresh Faces: Newcomers to Central Massachusetts with refreshing perspectives and ideas
Inner Circle: Long-time players who continue to have a significant role in new developments
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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