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MIT FCU CEO Retires

Aug 6, 2019 | Reprints | Unlock Link

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Brian Ducharme | Photo courtesy of MIT FCU

MIT Federal Credit Union’s longtime president and CEO retired Aug. 1.

Brian Ducharme had been at the organization’s helm for 18 years. Over that time, the credit union grew from 13,000 to 37,000 members, and grew its assets from $93 million to $570 million and loans from $65 million to $515 million.

Ducharme also led the credit union to evolve its services using web-, cloud- and mobile-based services. The lender also grew a nationwide mortgage program and recently transitioned its back office operations to Lexington.

Active in the credit union industry, Ducharme is a member of EasCorp’s supervisory committee as well as NAFCU’s and CCUA’s legislative committees. He was elected to the board of directors of CU Student Choice in 2012, and was appointed chair two years later.

B&T Daily