Liberty Bay Credit Union has named its new chief executive officer.
John Barron will hold the position after a tour as chief strategy & growth officer for the holding company of South Shore Bank and Dedham Savings Bank. Previously, he was employed at Rockland Trust and at MIT Lincoln Laboratory, where he contributed to the U.S. Navy’s missile defense program.
“I’m honored to join Liberty Bay as its next CEO,” Barron said in a statement. “This institution has been a cornerstone for working families for more than a century, and as someone with deep roots in the local community, I’m excited to build on that legacy. I look forward to leading Liberty Bay into its next chapter—growing our reach, enhancing member value, and meeting the evolving needs of individuals, families, and businesses throughout our region.”
Liberty Bay is headquartered in Braintree, Massachusetts, and is one of the state’s largest credit unions, with $813 million in assets and $104 million in capital. The credit union serves more than 23,000 individuals and businesses, including those who live, work or attend school in Norfolk County, Suffolk County and select municipalities in Plymouth and Middlesex Counties.
“This is a win for John and our credit union,” Liberty Bay Chairman Sean Cashman said in a statement. “Liberty Bay is among the best capitalized credit unions in New England with tremendous capacity to grow. John has a demonstrated track record of achievement in competitive strategy and profitable growth – right within our regional marketplace.”
Ed Lopes had been the credit union’s interim CEO prior to Barron’s appointment. John Parillo was the previous permanent CEO.