MANCHESTER, NH (April 26, 2022) — On Thursday, April 21, the board of directors at St. Mary’s Bank (SMB), the nation’s first credit union, elected Stephen Grzywacz as chairman and Elizabeth Hitchcock as vice chairman.
 
Grzywacz has served on SMB’s board of directors since 2010. He is president/CEO of Milford Lumber Company, Inc. and Muir Lumber Corporation in Milford, NH as well as treasurer/CEO of P.J. Currier Lumber Company, Inc., in Amherst, NH. In addition to serving on the board of LISIG, Grzywacz is trustee/chairman for Manchester High School Central Alumni Scholarship Trust and trustee for Holy Trinity Cathedral.

Grzywacz replaces immediate past chairman Guy Chapdelaine CPA, who completed three one-year terms as chairman and will remain on SMB’s board of directors, on which he has served since 2009. Chapdelaine has been active in community affairs and professional organizations throughout his career, including serving on Catholic Medical Center board of directors and as an active member of the Capitol City Task Force of NH AARP.

Elizabeth Hitchcock has served on SMB’s board of directors since 2015. Hitchcock is a general partner at the Millworks Fund, an investment fund supporting NH’s startup community. Hitchcock’s service also includes the board of Minim, an IoT security company headquartered in Manchester. Hitchcock was an Outstanding Women’s Leadership Award recipient in 2021, awarded by the Daniel Webster Council BSA, and she received an Outstanding Women in Business Award from NH Business Review in February 2022.  


Caption: St. Mary’s Bank chair Stephen Grzywacz 


Caption: St. Mary’s Bank vice chair Elizabeth Hitchcock

About St. Mary’s Bank
Founded in Manchester, New Hampshire, in 1908, St. Mary’s Bank is the first credit union in the nation. It makes progressive financial products and services available and affordable to consumers and businesses. Members enjoy excellent service, competitive rates, low fees, and state-of-the-art banking services. Headquartered in Manchester, New Hampshire, St. Mary’s Bank has eleven branch locations in Manchester, Hudson, Londonderry, Milford, Nashua and Portsmouth, and a mortgage center in Concord. For more information, call 1-888-786-2791 or visit www.stmarysbank.com.