At the 58th Annual Meeting and Convention of the New Hampshire Credit Union League (NHCUL), held at the Omni Mt. Washington Resort, June 15-17, 2012, Ronald H. Covey, Jr., was elected to the NHCUL’s Board of Directors. A financial services executive with more than three decades of experience, Covey will serve a three term on the seven-member NHCUL Board of Directors.
“It’s an honor to have been elected to the Board of Directors of the New Hampshire Credit Union League and represent New Hampshire’s 21 consumer-owned credit unions and their 500,000 members. The NHCUL has had impressive industry growth figures. Just this past year, statewide membership in credit unions grew 5.09%, while assets in New Hampshire credit unions grew to $5.3 billion. I look forward to serving on the NHCUL Board of Directors,” said Covey. Covey also looks forward to supporting the myriad of philanthropic and NHCUL partnerships including: More Than Wheels; Make-A-Wish Foundation® of New Hampshire; Greenlight Initiative (energy efficiency loans); and CU4Reality™ Financial Education Program (financial literacy program).
Selected as the President and CEO of Manchester-based St. Mary’s Bank in 2008 – the nation’s first credit union – Covey is the 8th professional to serve in this role at St. Mary’s over the past 104 years. Covey has extensive experience managing commercial, consumer, mortgage lending; branches; commercial loan operations; collections; and special assets groups. Covey received a B.S degree from the University of New Hampshire and a master’s in business administration from Southern New Hampshire University.
Within the Greater-Manchester community, Covey has served as Chairman of the Board of Trustees of the NH Institute of Art; the Board of Directors of Greater Manchester Chamber of Commerce and America’s Credit Union Museum Foundation; the Executive Board of the Daniel Webster Council of the Boy Scouts of America; Advisory Board/Trustee of the Manchester Regional Community Foundation; Trustee of the Boys & Girls Club of Greater Manchester; Campaign Chairman of the Bishops Charitable Assistance Fund; as well as the Board of Leadership Greater Manchester. Covey resides with his wife and family in Hooksett.