History of a Leader: Maurice D. Simard, Jr. to Retire at End of 2018

An excerpt from MoneyTalk, Fall 2018

October 18, 2018
 

History of a Leader: Maurice D. Simard, Jr. to Retire at End of 2018

Comment  October 18, 2018 by Triangle Credit Union

After 32 years of serving our members, Maurice D. Simard, Jr., Triangle Credit Union’s President/CEO, will officially retire on December 31, 2018. In our special Fall edition of MoneyTalk, we look back on his growth, accomplishments, and visions for Triangle’s future.

Maurice pictured with wife, Jeanne.A resident of Manchester for over 50 years, Maurice began his financial service career as a teller in 1973 at another local credit union where he quickly progressed to become a loan administrator, then Chief Operations Officer. Triangle welcomed Maurice as CEO on February 18, 1986 when the credit union managed $27 million dollars in assets, the operation of two branches, a workforce of less than ten employees, and over 5,400 members.

When Maurice joined Triangle, Ronald Reagan was the President of the United States, oil prices were collapsing, and US consumers were spending the most they had since the Great Depression. Throughout the decades, he led Triangle through exciting and tremulous times in the marketplace, such as the recession of 1990-1991, the economic boom of 1991-2001, the tech-bubble pop of 2000, and the housing market collapse of 2008. Through his creative, innovative, and strategic approaches, Maurice kept Triangle strong and profitable by supporting the development of new products and services to reflect changes in the marketplace and needs of the membership.

The aspect of Maurice’s career of which he is most proud, is his commitment to supporting New Hampshire communities, non-profits, and credit union affiliated groups. He served as Chairman for TriCorp FCU (1996-2004) and the New Hampshire Credit Union League (1986-2014). Maurice became a member of the World Council of Credit Unions in 2008 where he currently advises the development committee and travels around the world to support countries that are establishing their own credit unions. Locally, he serves as a member of the Credit Union National PAC NH, the finance committee for Bishop Guertin High School, and as past board member and board chairman for the Boys & Girls Club of Greater Nashua.

Throughout Maurice’s 32 years as President/CEO, he has received numerous awards honoring his commitment to volunteerism. In 2008, he received the President’s Award from the Boys & Girls Club of Greater Nashua, and later would receive its Man of the Year accolades in 2018. Maurice was also named Citizen of the Year by the Salvation Army of Greater Nashua in 2013, and was presented with the CU Co-Op Advocacy Award for the state of New Hampshire in 2016.

As Maurice begins his journey into retirement, he is pleased with the progress and results which Triangle has achieved during his tenure. Today, Triangle has grown to over $670M in assets, nine branch locations throughout southern New Hampshire, 170 employees, and 56,000-plus members. “Over the 32 years that I have been Triangle’s President/CEO, we have grown significantly, and will continue to do so. I am proud of the progress and results that Triangle has achieved thus far, and look forward to watching the credit union’s progress for years to come,” said Simard.

We thank Maurice for his dedicated leadership, unwavering commitment, and wisdom – we wish him the very best in his retirement!

MoneyTalk Fall 2018 print version

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