{"id":35477,"date":"2021-04-27T09:13:00","date_gmt":"2021-04-27T13:13:00","guid":{"rendered":"https:\/\/framinghamsource.com\/?p=35477"},"modified":"2021-04-27T10:40:35","modified_gmt":"2021-04-27T14:40:35","slug":"st-marys-credit-union-names-first-woman-president-ceo","status":"publish","type":"post","link":"https:\/\/framinghamsource.com\/index.php\/2021\/04\/27\/st-marys-credit-union-names-first-woman-president-ceo\/","title":{"rendered":"St. Mary’s Credit Union Names First Woman President & CEO"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

MARLBOROUGH – The Board of Directors of St. Mary\u2019s Credit Union, a $975 million credit union serving members from all walks of life, today, April 27, announced the appointment of Larissa C. Thurston as its new President and Chief Executive Officer, effective October 1, 2021. <\/p>\n\n\n\n

She succeeds James C. Garvey, who announced his retirement following eight years serving as President and CEO of the credit union and 40 years in the financial services industry.<\/p>\n\n\n\n

Thurston brings a wealth of experience to this role and is the first woman to lead St. Mary\u2019s Credit Union as President and CEO since the organization\u2019s founding in 1913.<\/p>\n\n\n\n

Thurston joined St. Mary\u2019s Credit Union as Chief Financial Officer in 2014 and has more than twenty years of progressive banking experience with a strong background in banking strategy, finance, and operations. <\/p>\n\n\n\n

[broadstreet zone=”59945″]<\/strong><\/p>\n\n\n\n

Most recently, she served as Chief Operating Officer and Chief Financial Officer where she provided vision, leadership, planning and management for technology, marketing, human resources, deposit operations, compliance, and finance plans and programs. <\/p>\n\n\n\n

Before joining St. Mary\u2019s Credit Union, Thurston served as Vice President and Controller for Bank of New England where she developed Contingency Funding Plans, implemented risk management programs and policies, managed an acquisition, and oversaw the development of five new branch locations.<\/p>\n\n\n\n

\u201cLarissa has demonstrated extraordinary leadership over the years and the Board is impressed with her dedication to our mission of being here for our members,\u201d said Gerard P. Richer, Esq., Chair, Board of Directors. \u201cHer years of experience in financial services and her commitment to make our communities a better place for all will serve St. Mary\u2019s Credit Union well in the years ahead.\u201d<\/p>\n\n\n\n

[broadstreet zone=”59946″]<\/strong><\/p>\n\n\n\n

As the credit union transitions to welcoming Thurston as its new President and CEO, Richer added, \u201cWe also express our deepest gratitude to Jim Garvey for his years of exemplary service and dedication to the credit union. Under his outstanding leadership, St. Mary\u2019s Credit Union experienced extraordinary growth, achieved its highest member satisfaction survey results, reinvigorated our brand in the marketplace, and oversaw the development of several new branches in our service area. We wish Jim the best in his well-deserved
retirement.\u201d<\/p>\n\n\n\n

\u201cIt is truly an honor to lead St. Mary\u2019s Credit Union as we continue to grow our products and technology while maintaining the friendly, reliable service our members have come to know and trust for more than 100 years,\u201d said Thurston. \u201cI thank the board for the opportunity to lead St. Mary\u2019s Credit Union and to Jim Garvey for his support and mentorship. I am looking forward to maintaining our strong commitment to our members and to our communities.\u201d<\/p>\n\n\n\n

[broadstreet zone=”59947″]<\/strong><\/p>\n\n\n\n

A resident of Bolton, Thurston serves as Member-at-Large on the Board of Directors Executive Committee at the United Way of Tri-County and as Treasurer on the Board of Directors at the Boys & Girls Club of MetroWest. She also serves on the Member Advisory Panel of the Federal Home Loan Bank of Boston and is a Read to a Child student mentor at the Richer Elementary School in Marlborough.<\/p>\n\n\n\n

Thurston graduated magna cum laude with a master\u2019s degree in business administration and a bachelor\u2019s degree in Accounting from Southern New Hampshire University. She is also a graduate of the ABA Stonier Graduate School of Banking and the Wharton
Leadership Program.<\/p>\n\n\n\n

[broadstreet zone=”59948″]<\/strong><\/p>\n\n\n\n

St. Mary’s Credit Union was founded in 1913 to promote savings and provide a source of credit for the city’s mostly blue-collar French Canadians employed in shoe factories. Today, St. Mary’s Credit Union is a $975 million credit union serving members from all walks of life, including newly-arriving immigrants coming to the United States in search of their American dream. Until recently, St. Mary’s Credit Union primarily served the residents of Marlborough and surrounding towns. Utilizing the benefits of technology and electronic delivery channels, St. Mary’s now offers membership benefits to a much broader geographic region that includes all of Middlesex, Worcester, Norfolk, and Suffolk counties. There is a St. Mary’s Credit Union on Route 9 in Framingham.<\/em><\/p>\n\n\n\n

Editor’s Note: Press release and photos submitted to SOURCE media.<\/em><\/strong><\/p>\n\n\n\n

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James Garvey<\/figcaption><\/figure>\n\n\n\n

[broadstreet zone=”53820″]<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

\"\"
Larissa C. Thurston<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

MARLBOROUGH – The Board of Directors of St. Mary\u2019s Credit Union, a $975 million credit union serving members from all walks of life, today, April 27, announced the appointment of Larissa C. Thurston as its new President and Chief Executive Officer, effective October 1, 2021. She succeeds James C. Garvey, who announced his retirement following […]<\/p>\n","protected":false},"author":2,"featured_media":35480,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[9],"tags":[10065],"class_list":["post-35477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-st-marys-credit-union"],"yoast_head":"\nSt. Mary's Credit Union Names First Woman President & CEO - Framingham Source<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/framinghamsource.com\/index.php\/2021\/04\/27\/st-marys-credit-union-names-first-woman-president-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"St. Mary's Credit Union Names First Woman President & CEO - Framingham Source\" \/>\n<meta property=\"og:description\" content=\"MARLBOROUGH – The Board of Directors of St. Mary\u2019s Credit Union, a $975 million credit union serving members from all walks of life, today, April 27, announced the appointment of Larissa C. 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