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September 18, 2019

A month after changing its geography, Changing Seasons FCU changes its CEO

Changing Seasons Federal Credit Union, which last month changed its geographic service area, is now changing CEOs.

Rob Picard has been hired as president and chief executive officer, according to a news release Tuesday, succeeding Sue Cross. Cross is retiring after working more than nine years for Changing Seasons, and serving as CEO since 2014.

rob picard
Courtesy / Changing Seasons
Rob Picard

Picard brings over 12 years of banking and finance experience to his new role. Previously, he headed member services and lending development for Franklin-Somerset Federal Credit Union, and held management roles with Bank of America, Ameriprise Financial and TD Bank.

In August, Changing Seasons announced a charter revision that expanded potential membership, previously restricted for residents within 25 miles of Bangor, to all of Penobscot and Waldo counties — an area with a population of 192,000.

Federal credit unions operate within a defined geographic area according to their charter.

Changing Seasons currently has 2,100 members, eight employees, $24 million in assets and one physical location, at 115 Mecaw Road in Hampden.

Originally known as the Bangor Hydro Federal Credit Union, it has operated in the Bangor area since the mid-1960s and changed its name to Changing Seasons in 2008.

In the release, Picard said, “I am excited for this incredible opportunity to lead a progressive and strong credit union with my new teammates. We will work collectively in unison to provide exceptional handcrafted service to each member, every time. Through hard work and dedication we will exceed our desired goals and always place members and community at the core of what we do.”

Picard lives in Vassalboro with his wife Kim and three daughters. He is also a former professional golfer and enjoys playing with his family and friends.

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