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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

Marina Raher Headshot

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

Mary Heafy Headshot

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

Nilesh Gunda Headshot

Nilesh Gunda
Clerk
Tenure: 2016 – Present

Mary Ann Ashton Headshot

Mary Ann Ashton
Director
Co-founder of
Innovation & Information Consultants, Inc.
Tenure: 2016 – Present

Scot Barrett Headshot

Scot A. Barrett, CPA
Director
BDO USA, LLP
Tenure: 2019 – Present

Jack Ford Headshot

John S. Ford
Director
President of
Ford Enterprises, LLC
Lancaster, MA
Tenure: 1999 – Present

Robert Markley Headshot

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

Doug Petersen Headshot

Douglas J. Petersen
Director
President/CEO of
Workers Credit Union
Tenure: 2016 – Present

Eric Shapiro Headshot

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

Honorary Directors

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

Executive Management Team

Doug Petersen Headshot

Douglas J. Petersen- President & CEO

Doug is the President/CEO of Workers Credit Union; a $1.8 billion financial institution headquartered in Fitchburg with 15 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 country’s 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.

He 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 our market as measured by Member Value, Financial Performance, Corporate Citizenship and Employee Engagement. Doug believes that we are well on our 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
  • Thomas J. Gray – Senior Vice President of Lending
  • Joanne White – Senior Vice President, Chief Information Officer, Information Technology
  • Jane Fitzsimmons – Senior Vice President of Human Resources, Chief People Officer
  • Peter Rice – Senior Vice President of Retail
  • Scott Kwarta – Senior Vice President, Chief Risk Officer, Risk Management

A Safe Place for Your Money

As a member of Workers, take comfort in knowing that every dollar you deposit is safe, secure, and 100% insured. All deposits are fully insured by a combined insurance coverage of the NCUA, up to $250,000, and the MSIC covers the rest. Now that’s safe keeping.