News and Information

Leominster, MA –  All One Credit Union (LCU) held its first ever Virtual Annual Meeting on September 15, 2020. During this meeting John O’Brien, President & CEO of All One Credit Union announced that he will be retiring effective, November 30, 2020 after 13 years with LCU.

“I have enjoyed my 13 years at All One Credit Union as well as my 41 years in the banking industry.  The last 7 ½ years as the CEO of LCU has been a very rewarding experience.  I believe the Credit Union is in an excellent position, with a strong management team in place, solid results, excellent employee morale, and a strong vision. I feel very fortunate to be able to retire at a time that both works for me, and works well for LCU,” said John O’Brien.

Giulio Greco, Chairman of the Board said, “John is well respected throughout the credit union community and has been dedicated to giving back to non-profit organizations in the communities in which we live and work. He has been a strong asset to All One Credit Union, and we will miss his leadership.”

The Board of Directors appointed Barbara Mahoney as the next President & CEO to replace John O’Brien.

Mahoney joined the Credit Union on October 10, 2003 as Vice President of Human Resources.  She was promoted to Senior Vice President of Human Resources in March of 2010 at which time she oversaw Human Resources, Training and Facilities. Since her promotion to SVP/Chief Operating Officer in January 2019, and she has been providing leadership, direction and vision for the Operations, Information Technology/Risk, Human Resources and Facilities functions.

Before joining All One Credit Union, Barbara was employed for 13 years at Allmerica Financial as Director of Human Resources and prior to that she worked for Bank of Boston.

“I am honored and humbled by the Board’s decision and very excited to take on the CEO role, representing and leading All One Credit Union.  We have an exceptional team and I know through their passion and commitment we will continue to move LCU forward. John established an excellent foundation and I am confident we are positioned well, for continued success,” said Barbara Mahoney.

Barbara has had many professional affiliations within our community including, The North Central Massachusetts Chamber of Commerce, Economic Development Strategy Committee, Masshire North Central Workforce Board as the Executive Committee Chair, Employers Association of the Northeast Past Executive Committee Chair, HR Network and Cooperative Credit Union Association, New England Human Resources Association, Society of Human Resources Management, HR Council.  Barbara currently serves on the Foundation Board for St. Bernard’s High School.

“Barbara brings experience, leadership, strategic vision and a passionate community connection that we feel are critical attributes that will help All One Credit Union to continue moving forward over the next several years,” stated, Giulio Greco, Chairman of the Board.

 

Barbara Mahoney

All One Credit Union held their annual Election of Board Officers for 2020-2021 at their April meeting.

Giulio G. Greco, Chairman of the Board. Greco has previously served as Chairman from 1994-1998 and again from 2008-2011. Greco was presented the Volunteer of the Year Award from The Cooperative Credit Union Association (CCUA) during the Awards of Excellence held at the 2019 Annual Convention. Greco has served on the Board since 1978.

Michael J. Sauvageau, Vice Chair. Sauvageau has been on the Board since 2007 and most recently held the position of Chairman from 2016-2020. Sauvageau serves on LCU’s Executive, Audit and Compensation Committees.

Nancy L. Graves, Treasurer. Graves serves on the Executive, Credit, Investment, and Advisory Committees. She has served on the LCU Board of Directors since 2004.

Joyce A. LaFleur, Assistant Treasurer. LaFleur serves on the Executive, Audit, Investment, and Advisory Committees. LaFleur has served on the Board since 2007.

Joseph V. Quintal, Clerk. Quintal serves on Executive, Audit, Compensation, Investment and Advisory Committees. Quintal has served on the Board since 2006.

Joining the officers on the 2020-2021 Board of Directors are, Amedeo E. Bilotta, Bruce J. Bollivar, Robert J. DelleChiaie, Joyce G. Leger, Henry C. Kulik, Jr., and Richard A. Sheppard.

 

Front Row (L-R): Guilio G. Greco, Chairman of the Board; Michael J. Sauvageau, Vice Chairman.
Back Row (L-R) Joyce A. LaFleur, Assistant Treasurer; Nancy L. Graves, Treasurer; Joseph V. Quintal, Clerk

All One Credit Union (LCU) announces Joseph J. Normant has joined their team as Senior Vice President, Chief Financial Officer. Normant will oversee LCU’s Finance Department including Accounting and Treasury as well as Audit and Compliance. Normant will report to John O’Brien, President and CEO, and will participate as a member of the Senior Management Team.

“We are excited to have Joe join our team,” said John O’Brien, President & CEO. “He is a versatile leader that not only brings a collaborative style, but he is dedicated to continue to help maximize our financial performance to support our members, community and employees.”

In his new role, Normant brings a strong results-driven background with a collaborative team-building approach and excels in financial operations and reporting, expense control, operational efficiencies, and data management. Prior to joining LCU, Normant was the CFO at Main Street Bank in Marlborough.

Normant succeeds Gary Abrams who retired on May 1 after serving as the credit union’s EVP, Chief Financial Officer for the past 15 years. Abrams was an integral part of the All One Credit Union team and over the past few months helped to facilitate this transition.

“We want to take this opportunity to thank Gary for his dedication and the extensive knowledge that he brought to All One Credit Union. He was a great teammate and was instrumental in the growth and success of LCU. We will miss his leadership, commitment and sense of humor,” stated John O’Brien.

Joseph J. Normant, SVP, Chief Financial Officer