CEO of AllCom Credit Union in Massachusetts to retire

Debbie Guiney, president and CEO of AllCom Credit Union in Worcester, Massachusetts, is planning to retire at the end of this year.

The $81 million-asset credit union announced Wednesday that Guiney, who has been with AllCom for over 44 years, will hand the reins to Laura Ybarra, executive vice president at AllCom. Ybarra has been appointed by the board to become the next president and CEO on Jan. 1.

“Over a remarkable 44-year career, Debbie was responsible for the development and success of our organization,” John Naughton, chairman of AllCom’s board of directors, said in a press release. “Her guidance and friendship will be greatly missed by the entire board.”

AllCom was founded in 1922 to serve telephone workers. The credit union’s membership has since grown to more than 4,200 community members across the counties of Worcester and Middlesex.

“Laura plays a significant role at AllCom,” Guiney said in the release. “Her intelligence, dedication, work ethic and commitment will continue to contribute to the overall success of AllCom.”