WARWICK, R.I.–Rhode Island Credit Union has named a new president and CEO to succeed the retiring David B. Suvall, who is stepping down after 45 years of service.
The $427-million RICU has selected current Executive Vice President/COO Nancy L. Zeppa to lead the organization effective July 1.
Zeppa has been with the organization since 1977 and has extensive experience in all aspects of financial services and technology, and has led the credit union in critical project, including several core conversions, a merger, lending and banking platform changes, and the construction and opening of new locations, Rhode Island CU said in a statement.
‘Honored & Excited’
“I am honored and excited to step into the role of President/CEO and thank the board of directors for its confidence and faith in me,” Zeppa said in a statement. “I also want to thank David for his outstanding leadership, dedication, lasting contributions, and support during the transition. I wish him a long retirement full of happiness and good health.”
Joined CU in 1981
Rhode Island Credit Union said Suvall joined the credit union in 1981 as the VP/controller and became president/CEO in 2006. In announcing the transition, the $ credit union said Suvall helped lead its growth to an institution now serving almost 30,000 members across six branch locations.
“Serving as the president/CEO of Rhode Island Credit Union has been one of the greatest honors of my career, said Suvall in a statement. “As I prepare to retire, I have full confidence in our leadership team and my successor, Nancy L. Zeppa.”
The credit union was chartered in 1946 by employees of the State of Rhode Island.
