Longtime CEO of People’s Credit Union to retire
After nearly two decades at the helm of People’s Credit Union in Middletown, R.I., Ellen Ford will retire in November.
Edward Lopes, chairman for the $522 million-asset CU, said on Tuesday that Sean Daly will succeed Ford as president and CEO. Daly currently serves as chief financial officer.
Ford has worked at the credit union for 37 years, including 17 years as president and CEO. She also has been active in local trade associations, serving on the board of the Credit Union Association of Rhode Island from 2004 to 2014. Ford is currently the chairman of the Cooperative Credit Union Association.
In 2013, Ford received the PBN Women in Business Achievement Award. In 2018, she added the Sandra J. Pattie Distinguished Leadership Award from the New England Women in Banking Conference.
“On behalf of the board, I want to thank Ellen for her dedication to the People’s Credit Union, its members, employees, her colleagues, the community and the credit union industry, which has been unrivaled,” Lopes said in a statement. “Her passion to help others has been the source of inspiration to many and her legacy, for both People’s Credit Union and the entire credit union movement, will live far into the future.”
Daly has been the credit union’s CFO for the past two and a half years.
“Sean has been committed to our mission and has worked to build a foundation for future growth and success for our organization," Lopes said. "I am confident that his visionary leadership will take People’s Credit Union on to even greater accomplishments and the next level of success.”
People's Credit Union was established in 1922. Membership is open to all individuals.