By Marie Browning
Jeanne D’Arc Credit Union announced that it has hired veteran commercial lender and business development executive Edward “Ted” Cawley as Commercial Lender. Mr. Cawley brings 30 years of experience in banking, specifically in the Greater Lowell area. In his role, he will be responsible for commercial lending as well as developing and deepening relationships with business members.
Mark Cochran, president and CEO of Jeanne D’Arc, said in a statement, “Ted Cawley has extensive experience in business and commercial lending, and we are pleased to have him bring his expertise to Jeanne D’Arc.”
Prior to joining Jeanne D’Arc, Mr. Cawley served A-Zabbo Associates as Business Development Officer. Included in his career history is working as Senior Vice President, Commercial Lending in separate occasions at Lowell Cooperative Bank and Lowell Five Cent Savings Bank. As SVP, his responsibilities included overseeing growth of the bank’s commercial loan portfolio.
Mr. Cawley earned his bachelor’s degree in business administration from the University of Massachusetts Lowell. He also holds certificates from RMA-OMEGA/American Institute of Banking and from the Federal Deposit Insurance Corp. Financial Analysis School. He resides in Tewksbury with his wife, Karen, and their three children. He is a longtime Greater Lowell community volunteer.
About Jeanne D’Arc Credit Union
Established in 1912, Jeanne D’Arc Credit Union is a full-service, member-owned, community-based, not-for-profit financial cooperative. It has more than 64,000 members and $1 billion in assets. It operates seven full-service branches, two high-school branches, a loan center in Lowell and a mortgage center in Chelmsford. Jeanne D’Arc helps each member make smart financial choices, help them save for the future, and make loans available to members. Additional information can be found at www.jdcu.com.