Jay Champion Named Chief Executive Officer and President of Workers Credit Union

LITTLETON, Mass. (June 2024) – Workers Credit Union has named Jay Champion as its CEO and President. He brings over 35 years of experience developing high performing and engaged teams at financial institutions. Since July of 2023, Champion has served as the credit union’s Interim CEO and President after the retirement of Doug Petersen, who was with the credit union for 27 years.


“Jay is a seasoned financial leader and has the skills needed to maintain our team’s delivery of top-notch member service,” says Nilesh Gunda, Board Chair of Workers Credit Union. “In less than a year, Jay has made a positive impact on Workers Credit Union and our mission to empower our members to achieve financial wellness. We’re confident in Jay’s ability to continue advancing our goals while being an innovative leader to help the credit union continue to thrive.”


Since joining Workers Credit Union, Champion has established a vision for financial growth and stability that focuses on member choice and innovation, empowering his team to think creatively about the future while honoring the past.


Workers Credit Union is an institution that has made an indelible impact on North Central Massachusetts since its founding 110 years ago by helping people and businesses save, spend, invest, borrow, and plan.  Our team is passionate about being the community economic engine that people and businesses in our markets can count on.” says Champion. “I am honored to lead our team in our mission to continue improving the daily lives of our members.”


Champion most recently served as President and CEO of Westerra Credit Union in Denver, Colorado. Prior to that, he served as Chief Operating Officer of Elevations Credit Union in Boulder, Colorado. Throughout his experience serving in multiple C-suite roles for various financial institutions over the past 30+ years, Champion has become highly skilled in building healthy and engaged team cultures, enhancing business process management, and driving organizational performance.


Champion obtained his Master of Business Administration with Finance and Management concentrations from Texas A&M University – Commerce and his Bachelor of Science in Economics from East Texas State University. He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.



About Workers Credit Union

Workers Credit Union, a member-owned and member-focused $2.4 billion credit union, is building the financial wellness of its nearly 122,000 members through coaching, products and support that empowers them to build a better life for themselves and their families. Headquartered in Littleton, MA, Workers Credit Union has been serving communities in Massachusetts for more than 110 years. Workers Credit Union is a Community Development Financial Institution and Low-Income Designated Credit Union.

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