New CEO Announced for Mass Bay Credit Union

Terry Dorilas has been named Chief Executive Officer of Mass Bay Credit Union, succeeding John Thomas who is retiring next month. Terry is Mass Bay’s current Chief Operating Officer, overseeing the Operations, Accounting, Human Resources, Branch Administration, Collections, Servicing, and Lending departments. She has also held the position of Chief Financial Officer at Mass Bay as well as at Grafton Suburban Credit Union (now Homefield Credit Union).  Terry has been with Mass Bay since March of 2013.

“We are excited to have Terry take the reins of our great community-centered organization,” says Jeremiah P. Ahern, Mass Bay Chairman.  “I know she will continue to build on our effort to make Mass Bay the #1 destination for consumers looking for locally-based banking with EASY access around town, at home or anywhere you go, nationwide.  We are also grateful to John Thomas for all Mass Bay Credit Union has accomplished for our members under his leadership.”

With an MBA from University of Utah David Eccles School of Business, Terry has accomplished much over her more than 30 years in financial services.  Recently, as Mass Bay COO, she has been instrumental with launching Mass Bay’s ITM’s (Interactive Teller Machines) in the Seaport and South Boston Branches.

“I am honored to have this opportunity,” Terry says.  “At Mass Bay, our focus is on service to our members and making a difference in the community.  We will continue to be on the leading edge of technology to provide the products and services that will help our members achieve their financial goals, and we will also continue to increase our presence and support of community events and local charities.  When people think of Mass Bay, we want them to think of Easy Banking at an institution that truly cares about them.”

Originally chartered in 1936, Mass Bay Credit Union is a not-for-profit, full-service financial institution that provides the highest level of service and personal attention to all our members.  Mass Bay Credit Union operates under the Credit Union ideal of “People Helping People” and is 100% committed to providing our members with the best banking products and services available, with the best value, state-of-the-art technology and unparalleled access.  Continually striving to expand and refine our product and service offerings to best meet members’ needs, Mass Bay is also dedicated to offering these services at the most competitive rates and lowest cost.

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