News & Announcements
Liberty Bay Credit Union is committed to keeping our members informed of important Company news and announcements, new initiatives, important events, volunteerism and charitable efforts, as well as credit union industry news.
Special Meeting of Members: March 29, 2017
Liberty Bay held a Special Meeting of Members on March 29 where members voted in support of the company's proposed merger with Hingham Federal Credit Union. A Special Meeting for members of Hingham Federal Credit Union is scheduled for April, where members will be asked to cast their vote in support of the merger. We look forward to sharing more news in late April with members of both institutions.
100th Annual Meeting of Members: April 18, 2017
Liberty Bay celebrated our 100th Annual Meeting of Members on April 18. At the meeting, Chairman Mike McCarthy, and President & CEO Ed Lopes provided opening remarks and thanked employees and members for their commitment to the credit union. Members approved routine matters including the audit committee report, director's expense report, and the maximum amount of loans to one member. The following board members were reelected to the board of directors for a three year term: Dennis Siracusa, Edward Foley, Edward McColgan, John Leary and Robert Mitchell. The Treasurer's report was presented by Treasurer William Murphy, and the CFO report was presented by Executive Vice President & CFO Joel Keller. Lastly, scholarship award recipients were selected and announced by Senior Vice President & COO Brian Leary.
Please click here to access a copy of Liberty Bay's 2016 Annual Report which was provided to members at the meeting.
A New Year, New Locations, a New Website... and More!
Liberty Bay is already delivering an action-packed 2017, and there's even more to come:
New Locations - Our NEW Braintree Branch and our NEW North Shore Branch in Woburn are now open!
New Services - We're introducing Interactive Teller Machines (ITMs) in both our Braintree and North Shore Branches.
A New Website - We’re excited to kick off the year with Liberty Bay’s redesigned website, launching in the first half of the year.
A New Milestone - Liberty Bay Credit Union turned 100 years old on March 3, 2017!
A New Partnership - We plan to finalize our merger agreement with Hingham Federal Credit Union in the second quarter.