People Committed To Helping People

Members of our Board of Directors serve as volunteers and are Workers Credit Union members, just like you. They take a long-term view of our operations to ensure we continue serving all members while remaining financially stable into the future.

Board of Directors

Eric D. Shapiro
Chairman of the Board
Co-Founder & Principal of
Lexvest Partners, LLC
Tenure: 2010 – Present

James Rouse
Principal, JER Professional Services, LLC
Tenure: 2007 – Present

Mary Heafy
President and CEO of
The Arc of Opportunity
in North Central MA
Tenure: 2012 – Present

Robert Markley
Owner/Operator of
 Law Office of Robert C. Markley
Tenure: 2016 – 2019

Nilesh Gunda
Tenure: 2016 – 2019

Ann Ashton
Innovation & Information Consultants, Inc.
Tenure: 2016 – 2019

Marina M. Raher
Owner/Operator of
Marina M. Raher, CPA
Tenure: 1999 – Present

John S. Ford
Chairman of the 
Audit Committee
Ford Enterprises, LLC
Lancaster, MA
Board member since 1999

Douglas J. Petersen
Workers Credit Union
Tenure: 2016 – 2017

Honorary Directors

  • Wilho Myllymaki
  • James C. Keane
  • T. Francis Wada
  • Phillip Dotten

Executive Management Team

Douglas J. Petersen- President & CEO

Douglas J. Petersen- President & CEO

Doug Petersen is the President/CEO for Workers Credit Union; a $1.6 billion financial institution headquartered in Fitchburg with 17 branches located throughout North Central Massachusetts. Doug joined the Credit Union in 1995 as the Chief Financial Officer and was promoted to President/CEO in January of 2011. Prior to Workers Credit Union, Doug was a Principal for a management consulting firm serving New England financial institutions. Doug started his Credit Union career in this countries first credit union, St. Mary’s Bank in Manchester New Hampshire, rising to the position of Senior Vice President of Finance.

Doug is involved in numerous professional associations, business ventures and community causes. Doug is the Vice Chairman of the Board of Directors for NACUSO (the National Association of Credit Union Service Organizations), a member of the Massachusetts Advocacy Committee, a member of the Board of Directors for Student CU Connect LLC and a member of the Board of Directors for Member Gateways LLC.

Doug is the Chairman of the Board for the North Central Massachusetts Chamber of Commerce, the Chairman of the Board of the North Central Massachusetts United Way, a member of the Mount Wachusett Community College Foundation Board and a member of the HealthAlliance President’s Council.

Doug earned an MBA in Finance from Bentley University and a BS in Accountancy also from Bentley.

Doug’s vision is for Workers Credit Union to become the best financial institution in its market as measured by Member Value, Financial Performance, Corporate Citizenship and Employee Appreciation. Doug believes that they are well on their way!

  • Sandra Sagehorn-Elliott – Executive Vice President, Chief Operating Officer
  • Robert S. Lockett, III – Chief Strategy Officer, SVP Diversified Services
  • Tim Smith – Senior Vice President – Chief Financial Officer & Treasurer
  • William Mullin – Senior Vice President of Commercial Lending
  • Michael J. Dembowski – Senior Vice President of Operations
  • Thomas J. Gray – Senior Vice President of Lending
  • Joanne White – Senior Vice President, Information Technology
  • Jane Fitzsimmons – Senior Vice President of Human Resources, Chief People Officer

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