February 16, 2025

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Business is my step

Longtime Bellwether Board Member Ways Down Soon after Half Century of Assistance | Information

3 min read

MANCHESTER, N.H., Jan. 4, 2021 /PRNewswire/ — When David Anderson joined the Board of Administrators of what is now Bellwether Community Credit score Union, banking looked a very little distinctive than it does these days. There have been personal savings passbooks, adding devices and loads of paper handed about.

In spite of all the variations Bellwether has knowledgeable above the a long time, the credit score union’s concepts have remained powerful and steadfast through Anderson’s 50-calendar year tenure at the credit history union.

“Bellwether was constantly there for the member. We under no circumstances wavered on that price,” mentioned Anderson. “It has usually been people banding with each other for other credit rating-worthy persons. We stayed correct to these messages.”

It was a chilly day in January of 1971, when 22-calendar year-aged Anderson attended his very first board conference for the Phone Credit Union of New Hampshire. He experienced been a member for a year and the credit union just cracked $1 million in property. Now Bellwether stands sturdy at near to $500 million in belongings.

As the youngest member of the board at that time, Anderson was happy the see the range. “Every single division was represented from operations to accounting to management to non-management. There have been 21 persons on the board,” he mentioned.

But there had been also developing pains, in particular through union strikes, but the board normally put their distinctions apart and “focused on what was greatest for our users,” according to Anderson.

Anderson was on the board when the credit score union’s very first president, Dick Mahoney, was named in 1976. Mahoney was followed by Michael L’Ecuyer 25 several years afterwards. Right after L’Ecuyer’s retirement, Nathan Saller took in excess of the reins in the tumble of 2019.

“It can be time to ride into the sunset,” reported Anderson. He extra that he has each confidence that proficient people today have and will step up and the credit score union will flourish less than the new management of Saller.

“Bellwether is exceptionally grateful to Dave for his substantial contributions to our board. His 50-calendar year commitment to the credit rating union’s mission of improving the economical lives of our members has strengthened our firm and ready us for a better long run,” mentioned Saller. “On behalf of our staff, members and Board of Administrators, I would like to thank him for his unwavering assistance and devotion to the credit rating union.”

A indigenous and however resident of Auburn, Anderson will spend his time with his wife Sue in which he will take care of matters, full projects and continue to keep active and impartial.

“I am extremely happy of my time and knowledge,” stated Anderson. “I am humbled and truly grateful for the knowledge. It was the folks who made it unique.”

About Bellwether Local community Credit score Union

Considering that 1921, Bellwether Group Credit rating Union has presented economical companies to buyers residing or performing in New Hampshire and Essex and Middlesex counties in Massachusetts. As a not-for-earnings credit score union, Bellwether focuses on giving value back to users via much better charges and decrease fees regional, own services and digital channels which simplify how persons financial institution, borrow and pay out. Users can access their accounts at virtually 30,000 no cost ATMs nationwide and around 6,500 CU Company Facilities all around the world. Bellwether Group Credit history Union has branches in Bedford, Manchester and Nashua. For additional facts about Bellwether Local community Credit Union, visit www.BCCU.org

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