Neil Gordon has been named the following president and CEO of Metropolis of Boston Credit score Union.

He replaces Daniel Waltz, who retired in September after three years because the $519 million-asset establishment’s chief. Gordon, who takes the helm on Jan. 4, joins CBCU from Millbury Federal Credit score Union in Millbury, Mass., the place he served as treasurer and chief monetary and operations officer for the $392 million-asset store.

Waltz spent greater than twenty years within the credit score union motion, becoming a member of Metropolis of Boston CU in 2017 after 15 years in cost at Southern Mass Credit score Union. Previous to that, he spent 20 years in a wide range of roles at First Nationwide Financial institution in McConnellsburg, Pa.

The credit score union thought-about candidates from throughout the nation in a search performed by KLR Govt Search Group earlier than choosing Gordon for the job.

“Of all of the candidates interviewed, Neil’s experience in all aspects of a credit score union’s operation — from member service and advertising to lending and funding — stood out,” mentioned Chairman Greg Rooney in a Dec. 16 submit on the corporate’s web site. “In the course of the interview course of, he took the proactive step of truly becoming a member of our credit score union to immerse himself within the member expertise.”

For his half, Gordon mentioned CBCU’s “large development” over the previous three years “has put us in a powerful place to proceed to do extra to serve our members. I am able to roll up my sleeves and get to work in making a constructive affect for the communities we serve.”

Metropolis of Boston CU’s belongings have risen by nearly 35% for the reason that third quarter of 2017, in keeping with name report knowledge from the Nationwide Credit score Union Administration. It reported roughly $307,000 in web revenue throughout the first three quarters of this 12 months in comparison with about $518,000 in earnings throughout the identical interval final 12 months.