LCU Names New President, CEO
Paul Gilbody
Paul D. Gilbody, a 25-year banking industry veteran, has been named president and CEO of Leominster Credit Union, succeeding Gordon R. Edmonds, who will retire at the end of this month, the credit union announced.
Gilbody was most recently executive vice president, chief operating officer and senior lender at Bay State Savings Bank, where he has worked for the last 15 years. Prior to arriving at Bay State, he served as a vice president at the former Fleet Bank.
“We are pleased to have found someone of Paul’s caliber with all the qualifications that he brings to the credit union,” said Anthony A. Gasbarro, chairman of the LCU board. “He has a proven track record of effectively leading organizations towards their goals, and he has a sincere commitment to the community banking philosophy.”
Gilbody, a Shrewsbury resident, also serves on the board of Devereux, a nonprofit behavioral health organization that supports underserved and vulnerable members of the community, and on the Central Massachusetts Workforce Investment Board, which oversees and implements local workforce development initiatives.
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