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Petersen Officially Named President, CEO Of Workers’ Credit Union

Jan 21, 2011 | Reprints | Unlock Link | Print

Douglas J. Petersen, interim president and CEO of Fitchburg-based Workers’ Credit Union, has been named to the position permanently.

Petersen was named interim president in December. Prior to that position, he served as executive vice president, CFO and treasurer for the credit union during the past 15 years, according to a statement. Petersen will continue to serve as CFO and treasurer in the short term.

"Doug’s contributions during his tenure were responsible for delivering outstanding results, which has made Workers’ Credit Union one of the strongest financial institutions in the state," said Marina Raher, chairman of the board. "His appointment will ensure the credit union’s continued success."

Petersen also serves as president of the credit union’s Credit Union Service Organization (CUSO) Workers’ Financial Services LLC and serves on the board of directors of four CUSOs.

Banking & Lending