LCU President To Retire
Gordon R. Edmonds, president and CEO of Leominster Credit Union, will retire in September after more than five years in his role, the credit union announced Thursday.
His retirement will take effect Sept. 30.
Amedeo (Butch) Bilotta, chairman of the credit union's board of directors, credits Edmonds with leading the credit union through a period of growth. "Gordon Edmonds has been an exemplary president," Bilotta said in a statement. "Under his leadership, the credit union has nearly doubled its asset size, and he was the leading force behind the construction of its new state-of-the-art executive and operations building in downtown Leominster."
Edmonds said the decision to retire was difficult. "Serving for the past five years as president and CEO has been the most rewarding experience of my 37-year career. I am very proud of the accomplishments we have achieved during my tenure, and I am confident that I will be leaving an organization that is well-positioned to achieve much more in the future," said Edmonds, who has been with LCU since 2001, when he became senior vice president of lending.
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