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A Publication of the Massachusetts Credit Union League, Inc.
A Publication of the Massachusetts Credit Union League, Inc.
A Publication of the Massachusetts Credit Union League, Inc.
President's Message
By Daniel F. Egan, Jr.
Volume 6, Number 11
December 2013
Section
Page
Legislative
& Regula-
tory
2
Credit Union
4
Community
Involve-
ment
8
Chapters
14
Events
16
Business
17
Credit Union
22
Calendar
24
Careers
24
Paul Gentile named President/CEO of the
Massachusetts Credit Union League
T
he Massachusetts Credit Union
League Board of Directors has
named Paul Gentile as Presi-
dent/CEO effective January 6, 2014.
Gentile succeeds
Daniel F. Egan, Jr.,
who is retiring after 32
years of service to the
League. The Massa-
chusetts Credit Union
League has manage-
ment agreements in
place with the New
Hampshire Credit Un-
ion League and the Credit Union Asso-
ciation of Rhode Island. The appoint-
ment of Gentile culminates a compre-
hensive search process that included
members of the boards from each of
the three Leagues.
"Paul is a proven leader. He brings a
track record of success in advocacy,
communication, and product develop-
ment that will serve our member
credit unions well as we strive to meet
their changing needs," said David Sur-
face, chairman of the Massachusetts
Credit Union League and CEO of St.
Jean's Credit Union.
Gentile currently serves as Executive
Vice President of Strategic Communi-
cations for the Credit Union National
Association (CUNA). During his tenure
Continued on page 2
I
t has been my pleasure for the
last 32 years to be associated with
the great work done by credit un-
ions. The tremendous growth of coop-
erative savings and credit through de-
mocratically controlled, not for profit
credit unions is a true American suc-
cess story. The credit union principals
of self help through cooperative re-
sources within a self directed financial
institution committed to improving the
financial lives of those it serves reflect
the ideals of the American experience.
Having had its origins here in New
England makes the role of preserving
the credit union ideals more compel-
ling and important.
Because credit un-
ions are people-
and community-
centric institutions,
it makes sense that
my fondest memo-
ries are based on the friendships I
have developed with so many out-
standing people in the credit union
community. When I was young, my
parents would use the phrase, "salt of
the earth," to describe those people
they held in highest regard. I have
learned the true meaning of salt of the
Continued page 15