SOUTH BOSTON, Mass.– Mass Bay Credit Union has name a new president and CEO.
The $363-million credit union has selected its current COO, Kelli Cullen, to succeed the retiring Terry Dorilas effective April 28.
Cullen has served in senior management positions for 20 years. She’s a graduate of Johnson & Wales University and has completed the Credit Union Executives Society three-year CEO Institute program, according to the announcement, MBCU said.

Mass Bay CU was originally chartered to serve MBTA employees, and now serves anyone who lives, works or attends a school, college or university or belongs to a labor organization in Norfolk, Suffolk or Middlesex counties, or in Abington, Brockton, Hanover, Hingham, Lynn, Marshfield, Norwell, Peabody, Rockland, Saugus, Scituate and Whitman.
The credit union has approximately 18,000 members.
Praise for Retiring CEO
“We are so appreciative of all Terry Dorilas has done to bring the credit union forward, keep it safe and sound, and prepare us for the future,” Chairman Jeremiah Ahern said in a statement. “As she begins her planned retirement, she will pass the baton to our COO, Kelli Cullen, who has a six-year history with the credit union, understands our market position, and is eager to impart new ideas that will help us to grow and sustain what has been built.”
Morning Journal
Daniel Cwalina, left, president and CEO of LorMet Community Federal Credit Union, and Shavena Brown, first vice president of LorMet, standing near one of the many exhibits during the 90th anniversary celebration of the financial institution.






