LEOMINSTER, Mass. – Leominster CU, one of the biggest credit unions in western Massachusetts, has hired Paul Gilbody, a senior executive with Bay State Savings Bank, as president and CEO of the $620 million credit union.
Gilbody will succeed Gordon Edmonds, who has been with the credit union since 2001 and has been CEO since 2007. Edmonds himelf is a former banker, having worked at Bank of Western Massachusetts and Bank of New Hampshire, as well as Hanscom FCU, before joining the credit union.
Gilbody is 25-year banking industry veteran and is currently executive vice president, chief operating officer and senior lender at Bay State Savings Bank, where he has worked for the last 15 years. Before that he served as a vice president at the former Fleet Bank.