BRAINTREE, Mass. – Liberty Bay CU, the ailing one-time telephone workers credit union that moved from downtown Boston to the suburbs three years ago, has hired Ed Lopes, the head of Grafton Suburban CU, as new president and CEO of the $625 million credit union.

Lopes, who headed the $125 million credit union about an hour west of Boston, will succeed Kenneth Dyer, who was president of Liberty Bay for ten years.

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