RI Credit Union Announces Retirement of President/CEO Suvall and  Names Zeppa Successor

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RI Credit Union Announces Retirement of President/CEO Suvall and  Names Zeppa Successor

David Suvall, PHOTO: RICU

Rhode Island Credit Union President/CEO David B. Suvall announced his retirement after 45 years of dedicated service, while longtime Executive Vice President/COO Nancy L. Zeppa has been named by the Board of Directors as his successor effective July 1, 2026.

Rhode Island Credit Union said Suvall joined the credit union in 1981 as the VP/Controller and became President/CEO in 2006. In announcing the transition, the $425 million credit union said Suvall helped lead its growth to an institution now serving almost 30,000 members across six branch locations.

“Serving as the President/CEO of Rhode Island Credit Union has been one of the greatest honors of my career, said Suvall.  As I prepare to retire, I have full confidence in our leadership team and my successor, Nancy L. Zeppa.” 

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Nancy L. Zeppa will become President/CEO on July 1, 2026. She has been with the organization since 1977, with extensive experience in all aspects of financial services and technology, and has led the Credit Union in critical projects including several core conversions, a merger, lending and banking platform changes, and the construction and opening of new locations. 

Nancy Zeppa PHOTO: RICU

“I am honored and excited to step into the role of President/CEO and thank the Board of Directors for its confidence and faith in me.  I also want to thank David for his outstanding leadership, dedication, lasting contributions, and support during the transition.  I wish him a long retirement full of happiness and good health.”

Rhode Island Credit Union’s vision, mission, strategy, and operations will remain unchanged, with a continued focus on improving the financial lives of its members.

About Rhode Island Credit Union

Founded in 1946 by employees of the State of Rhode Island, Rhode Island Credit Union has grown to serve almost 30,000 members with over $425 million in assets. 

 

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