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Announcements

November 27, 2018 – People's Credit Union Announces Appointment of Diane Crosby, Mortgage Loan Officer

People's Credit Union is pleased to announce that Diane Crosby has been appointed as a Mortgage Loan Officer. In her position, Crosby will work closely with a network of real estate and business professionals to assist with all aspects of the home-buying process, from application to closing. Diane understands that finding the right lender is critical, and believes that a good mortgage partner not only offers the best solutions, but also provides guidance and support throughout the entire process. 

Diane comes to People's Credit Union with more than 20 years of experience in the banking and mortgage industry. Most recently, she served as a Mortgage Loan Officer at The Washington Trust Company. Diane sits on the Northern RI & Kent Washington Board of Realtors, the RI Association of Realtors, is the Treasurer of the Women's Fund of Rhode Island and belongs to the East Greenwich and Central RI Chambers of Commerce.

"We are so excited to have Diane join our dedicated team of mortgage loan officers," commented Lyn Dawley, Vice President of Lending. "Her background and extensive experience in the industry will be of tremendous value to both the Credit Union and our members."


November 5, 2018 – People's Credit Union CEO, Ellen Ford, Receives Sandra J. Pattie Distinguished Leadership Award

People's Credit Union CEO, Ellen Ford, was recently recognized with the Sandra J. Pattie Distinguished Leadership Award at the New England Women in Banking Conference held at The Hotel Viking in Newport. The Conference is the premier event in New England focused on providing women in the banking and credit union professions with a leadership forum.

The Sandra J. Pattie Distinguished Leadership Award honors women who have made outstanding contributions to the banking landscape in New England. Ellen received the award in recognition of her role as a business leader and community advocate. Ellen holds over 35 years of experience in the banking industry and has held various positions of increased responsibility during her career, being appointed President and CEO in 2002.

Ellen served on the Board of Directors of the Credit Union Association of Rhode Island from 2004 to 2014. During that time, she served as Treasurer, Vice Chair, and Chair of the Board. She participated as a member of the decision making body during the merger and creation of the three-state Board for the Cooperative Credit Union Association (CCUA). She was also elected to serve on the CCUA Board of Directors and currently serves as Board Chair.

In addition, Ellen is a member of the Board of Directors, Audit Committee, and Risk Committee for COCC, a financial services technology provider located in Connecticut. She also serves on the Federal Reserve Bank of Boston's Community Depository Institutions Advisory Council and on the Board of Directors of the Robert Potter League for Animals, a non-profit organization in Portsmouth, RI.

People's Credit Union's President, Amy Martel, notes, "Ellen works extremely hard on behalf of our members, our employees, and the community. She believes in the credit union philosophy of "people helping people," and has been a role model for women in finance not only because of her career success at People's but also due to her consistent efforts to give back to the community."


November 2, 2018 – People's Credit Union is a BankLOCAL Partner with RI General Treasurer Seth Magaziner's Community Deposit Program

Representatives of People's Credit Union and General Treasurer, Seth Magaziner, recently visited Ocean State Air Solutions owners, Marybeth and Craig Clark. Located in Portsmouth, RI, Ocean State Air Solutions is a company that focuses on offering whole house holistic solutions to create healthy indoor air quality for both home and business

Ocean State Air Solutions is a participant in Treasurer Magaziner's 'BankLocal' community deposit program. People's Credit Union is a proud partner of the BankLocal program and provided financing to Ocean State Air Solutions. The loan from People's helped Ocean State Air hire more employees and grow their business.

The Treasurer's BankLocal community deposit program has moved up to $30 million in state deposits to local banks and credit unions since its launch in 2017 and has helped more than 200 Rhode Island small businesses such as Ocean State Air Solutions. The goal of the program is to support local financial institutions as they lend to small businesses in the Ocean State. State deposits are made locally to support qualifying loans made by participating financial institutions.


September 26, 2018 – People's Credit Union Donates to Clean Ocean Access

People's Credit Union employees recently donated $350 to Clean Ocean Access, a local nonprofit located in Middletown, RI. The funds were raised through the Credit Union's August employee dress down day, called Casual for a Cause.

Clean Ocean Access works towards eliminating marine debris, improving coastal water quality and protecting and preserving shoreline access. Executive Director, Dave McLaughlin, wrote "Please extend our sincere appreciation to all the employees for the dress down day to provide the most generous check for our efforts to improve ocean health! Every dollar means something special to us, whether it is clipboards for cleanups, lab fees for water quality, or signage for public access, we are absolutely grateful for your support. Thank you again for believing in our mission and advancing our efforts to position Aquidneck Island as a leader for environmental stewardship."


September 20, 2018 – People's Credit Union Announces Appointment of Nicole Forte, Member Service Center Manager

People's Credit Union is pleased to announce the appointment of Nicole Forte to the position of Member Service Center Manager. In this position, Forte will focus extensively on providing an extraordinary member experience by managing the daily activities of the Member Service Center and providing quality service to members.

Nicole has over 10 years of financial services experience. Most recently, she held the position of Branch Manager for Wave Federal Credit Union. Prior to that, Nicole was the Relationship Manager for Bank of America in Fall River Massachusetts.

"We are thrilled to have Nicole join our team," stated Jane McDurman, VP of Retail and Member Experience. "Nicole's management experience and her passion for delivering exceptional customer service will greatly enhance the banking experience for our members."


August 2, 2018 – People’s Credit Union Announces Appointment of Barry Dunn, Business Loan Manager

People’s Credit Union is pleased to announce the appointment of Barry Dunn to the position of Business Loan Manager. In this position, Dunn will focus extensively on building relationships with the local business community and will be responsible for growing the Credit Union’s commercial loan portfolio through new business generation while also enhancing existing business relationships.

Barry resides in Middletown and has over 35 years of financial services and management experience. Most recently, he held the position of Small Business Relationship Manager for Santander. Earlier in his career, Barry also held the position of Collections Manager at People’s Credit Union.

“We are so excited to have Barry join our team,” stated Lyn Dawley, VP of Lending. “His extensive banking background and broad knowledge of the commercial lending industry strengthens our core team as we work towards expanding our business lending portfolio. Throughout his career, Barry has demonstrated the qualities that we value at People’s Credit Union, which will be an asset to our both our existing and new business members.”


June 28, 2018 – People’s Credit Union Best of Bauer Five Star Rated for More Than 25 Years

People’s Credit Union proudly announces it has once again secured the highest 5-Star rating from BAUERFINANCIAL, the Nation’s Premier Bank and Credit Union Rating Firm. A five-star rating indicates that People’s Credit Union excels in areas including capital adequacy, profitability, and asset quality. People’s Credit Union has earned and maintained this top honor for 106 consecutive quarters, People’s Credit Union has also procured a “Best of Bauer Credit Union” designation. This assignment is reserved for institutions that have maintained Bauer’s highest rating consistently for the last 25 years or longer.

“At People’s Credit Union, we take pride in providing our members with more than just a place to do their banking. We give our members the tools to achieve their financial goals through our products, services and technologies. We have served generations of local residents and look forward to helping new members who choose to bank with People’s Credit Union. We are proud to have maintained a five-star rating for over 25 years,” commented Ellen Ford, People’s Credit Union President and Chief Executive Officer.


June 14, 2018 – People's Credit Union Congratulates Executive Vice President and Chief Operating Officer Amy Martel on Graduating with Honors

People’s Credit Union proudly congratulates Executive Vice President and Chief Operating Officer, Amy Martel, on graduating with honors from the New England College of Business (NECB) with a Bachelor of Science in Business Administration with a concentration in banking and finance.

The New England College of Business requires students to analyze major economic, political, social, and intellectual influences affecting the development of the modern corporate world. Amy’s curriculum focused on an acquisition of theory and technical competencies associated with the profession, providing fundamental knowledge and application of banking, finance and data information development.

“There is no substitute for commitment; Amy has worked diligently to earn her degree while working full time,” commented Ellen Ford, President and CEO. “Amy has gained extreme industry specific knowledge, knows the banking business deeply, and is focused on delivering results. We are very proud of this exceptional achievement and proud to support Amy in her continued education, which in turn benefits our credit union, our employees and our members.”


June 5, 2018 – People's Credit Union Announces Appointment of Kerry Parent as Vice President of Human Resources

People's Credit Union is pleased to announce the appointment of Kerry Parent to the position of Vice President of Human Resources.

Parent will be responsible for the Credit Union's payroll, benefits administration, compensation planning, employee relations, as well as talent and performance management to support the Credit Union’s strategic business goals. Parent has over 20 years of experience in Human Resources related roles and holds a Bachelor of Arts degree in Psychology from Merrimack College.

“We are so excited to have Kerry join our team,” said Ellen Ford, President and CEO. “Her wealth of knowledge, experience and strategic focus will be a valuable asset to our leadership and the entire People's Credit Union team.”


June 1, 2018 – People's Credit Union Announces Appointment of Traci Carpenter as Senior Vice President of Operations 

People's Credit Union is pleased to announce the appointment of Traci Carpenter as Senior Vice President of Operations.

Carpenter will be responsible for the Credit Union's day-to-day and longer term operational functions as well as providing the organization with a strong centralized project and vendor management resource.
Carpenter has over 15 years of experience in the banking industry, graduating with honors from Connecticut Banker’s Association’s Connecticut School of Finance and Management. Most recently, Carpenter was employed as Director of Project Management and BSA Officer at Savings Institute Bank & Trust.

“Traci’s wealth of knowledge and expertise in the banking industry, including many years of experience in retail, operations, lending, and project management, will be a tremendous asset to People’s Credit Union. I am thrilled to have her on our team”, noted Executive Vice President & Chief Operating Officer, Amy Martel.


May 3, 2018 – People's Credit Union is a BankLOCAL Partner with General Treasurer Seth Magaziner's Community Deposit Program

Representatives of People's Credit Union and General Treasurer, Seth Magaziner, recently visited Steel Giraffe owner, Stephen Kelly. Located in Portsmouth, RI, Steel Giraffe is a company that specializes in crane rentals, rigging, custom fabrication, and dock work and is a participant of Treasurer Magaziner's community deposit program, BankLOCAL. People's Credit Union is a proud partner of in the BankLOCAL program and helped Steel Giraffe with their small business lending needs.

The BankLOCAL community deposit program has moved up to $30 million in state deposits to local banks and credit unions since its launch in 2017 and has helped more than 200 Rhode Island small businesses such as Steel Giraffe. The goal of the program is to support local financial institutions as they lend to small businesses in the Ocean State. State deposits are made locally to support qualifying loans made by participating financial institutions.


March 26, 2018 – Five Star People’s Credit Union Fostering Relationships, Accountability

People’s Credit Union proudly announces it is once again a top performer, earning a coveted 5-Star rating from BAUERFINANCIAL, the Nation’s Premier Bank and Credit Union Rating Firm. A five-star rating indicates that People’s Credit Union excels in areas including capital adequacy, profitability, and asset quality. People’s Credit Union has earned and maintained this top honor for 105 consecutive quarters which puts People’s Credit Union in a most prominent position as a “Best of Bauer Credit Union.” This designation is reserved for institutions that have maintained Bauer’s highest rating for 25 continuous years or longer.

“At People’s Credit Union, it is our mission to provide our members with more than just a place to do their banking. People’s Credit Union continues to equip our members with the proper tools, technologies and products to reach their financial goals offer a complete range of products and services with all the conveniences you would expect from your financial institution,” commented Ellen Ford, People’s Credit Union President and Chief Executive Officer.


March 12, 2018 – People’s Credit Union Donates to Kiwanis Club of Aquidneck Island

People’s Credit Union recently donated over $300 to the Kiwanis Club of Aquidneck Island. The funds were raised through February’s employee dress down day, called Casual for a Cause.

The Kiwanis Club is a thriving organization of men, women, and youth that are dedicated to serving the children of the world and improving the quality of life worldwide. “The Kiwanis Club of Aquidneck Island thanks People’s Credit Union for donating their Casual for a Cause funds to our organization so that we may continue our mission of helping our communities. If you’re looking to give back to your community, Kiwanis is your volunteer group to join.” “We want YOU,” said David Koohy, current Club President.


February 20, 2018 – People's Credit Union Presents Sponsorship Check to University of Rhode Island’s 4-H Program

People’s Credit Union recently presented the University of Rhode Island’s Cooperative Extension program with a sponsorship check for the Rhody Rams Men’s Basketball’s ‘People’s Credit Union 3 Point Co-op Shot’ in which a donation is made for every 3-pointer made at a home game.  In attendance to present the donation were People’s Credit Union representatives, Amy Martel, Executive Vice President & Chief Operating Officer, Sean Daly, Chief Financial Officer, Courtney Hunter, Marketing Manager, as well as Jessica Holden, Marketing and Communications Specialist and Matthew Swiss, Business Development Manager for Rhody Sports Properties.

“Through URI’s Cooperative Extension, statewide 4-H programs provide hands-on experiential learning opportunities to local youth, supporting the 4-H mission focusing on science education, healthy lifestyles, and citizenship,” said Courtney Hunter. “We are pleased to be a community partner with 4-H, and have enjoyed the last two years as the ‘3 Point Co-op Shot’ sponsor. We look forward to a continued relationship with the University of Rhode Island.”


February 9, 2018 – People's Credit Union Receives Friends of 4-H Award

People's Credit Union was recently presented with the Friends of 4-H award at the Annual 4-H Awards Banquet held at the Quidnessett Country Club. The award recognized People's Credit Union's sponsorship of the University of Rhode Island's Rhody Rams Men's Basketball's 'People's Credit Union 3 Point Co-op Shot' in which a donation is made for every 3-pointer made at a home game. In attendance to accept the award were People's Credit Union representatives, Courtney Hunter, Marketing Manager, as well as Michael Hey, Branch Manager of the Credit Union's Wakefield office.

"Through URI's Cooperative Extension, statewide 4-H programs provide hands-on experiential learning opportunities to local youth, supporting the 4-H mission focusing on science education, healthy lifestyles, and citizenship," said Courtney Hunter. "We are pleased to be a community partner with 4-H, and are honored to receive this award and for supporting 4-H's efforts to empower young people develop the skills to lead for a lifetime."


February 7, 2018 – Newport County Chamber Board of Director Names People's Creidt Union's Amy Martel, Chair

People's Credit Union proudly congratulates Executive Vice President and Chief Operating Officer, Amy Martel, on her appointment to Chairperson of the Board of Directors of the Newport County Chamber of Commerce. The Newport County Chamber of Commerce is one of Rhode Island's largest business advocacy organizations formed to enhance the business, civic and economic vitality of Newport County and greater Rhode Island.

Erin Donovan-Boyle, Executive Director Newport County Chamber of Commerce says, "We are very excited to have confirmed Amy Martel as the new Chairperson of the Newport County Chamber of Commerce Board of Directors. Amy has a proven track record of leadership since joining the Chamber's Board and as Chief Operating Officer for Peoples Credit Union. The breadth of knowledge and experience Amy brings will greatly impact the Chamber and the greater Newport community as she guides our path forward."

Amy noted, "After serving on the Chamber Board in various positions over several years it is an honor to be selected as Board Chairperson. I look forward to continuing to work with and support the Chamber and the businesses of Newport County."


January 24, 2018 – People's Credit Union Announces Appointment of Andrew Plante as Assistant Controller

People's Credit Union is pleased to announce the appointment of Andrew Plante to the position of Assistant Controller. 

Plante will be responsible for planning, organizing, and directing the activities involved in the administration of all functions within the Finance Department including regulatory reporting, budget preparation, and liquidity management. Plante earned his bachelor’s degree in business administration from the Bryant University in Smithfield, Rhode Island. 

“We are excited to have Andrew join our team,” said Sean Daly, Executive Vice President and Chief Financial Officer. “His knowledge and experience will be an asset to the Credit Union and our members.”


January 23, 2018 – People’s Credit Members and Employees Donate to United Way Rhode Island

People’s Credit Union recently donated over $500 to the United Way of Rhode Island. The funds were raised through a bake sale and an employee dress down day, called Casual for a Cause, that is put on by People’s Community Enhancement Committee. The Committee works with all six People’s branch locations to plan monthly dress down days to benefit non-profit organizations.

The United Way’s mission is to help improve lives by mobilizing the caring power of communities around the world to advance the common good. The United Way’s programs not only help people through an immediate crisis, but also through funding programs that help people develop the tools they need to provide themselves and their families. The United Way and People’s Credit Union both believe in strengthening Rhode Island’s communities and that together they can make more of an impact.

Nieves Morillo Development Officer at the United Way, Rhode Island stated “such a simple concept, who knew that “dressing down”, could have such an uplifting impact on the people in our community that need it most! This is just one of the many ways we can create positive change.  It is precisely why we at United Way of Rhode Island express our gratitude on receiving these funds raised from dress down day by People’s Credit Union members and employees, who truly care about enhancing the communities we serve. United Way of Rhode Island is continuously trying to find ways to change lives and strengthen our community. It puts us at ease to know that we are doing it with the support of People’s Credit Union which shares that common goal.”


January 08, 2018 - Five Star People’s Credit Union Fostering Relationships, Accountability

People’s Credit Union proudly announces it is once again a top performer, earning a coveted 5-Star rating from BAUERFINANCIAL, the Nation’s Premier Bank and Credit Union Rating Firm. A five-star rating indicates that People’s Credit Union excels in areas including capital adequacy, profitability, and asset quality.  People’s Credit Union has earned and maintained this top honor for 104 consecutive quarters which puts People’s Credit Union in a most prominent position as a “Best of Bauer Credit Union.” This designation is reserved for institutions that have maintained Bauer’s highest rating for 25 continuous years or longer.

“At People’s Credit Union, it is our mission to provide our members with more than just a place to do their banking. People’s Credit Union continues to equip our members with the proper tools, technologies and products to reach their financial goals offer a complete range of products and services with all the conveniences you would expect from your financial institution,” commented Ellen Ford, People’s Credit Union President and Chief Executive Officer.

BAUERFINANCIAL, Inc., Coral Gables, Florida the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting bauerfinancial.com