It is with great sadness that we announce the passing of Northeast Credit Union’s long-time Board Chair, Philip “Phil” Sullivan. Phil passed away peacefully on March 21, 2020 at the age of 77 after a short illness.
Phil was born in 1942 in Woburn, Mass., and graduated from Wilmington High School in 1960. He attended Bentley School of Accounting & Finance, and completed various business and math courses at Lowell Tech. Phil was retired from the Internal Revenue Service (IRS) where he was responsible for supervising Revenue Officers in Maine, Massachusetts, New Hampshire and Vermont.
Phil was a member of the Credit Union for over 44 years, and for the past 38 years he served as a volunteer; first as a Supervisory Committee member and then on the Board of Directors, 29 of those years as the Board Chair.
“Phil’s wisdom and perspective helped guide and shape our credit union for the past 38 years, especially during transitional moments that shaped our credit union’s history” stated Northeast Credit Union’s President & CEO, Timothy J. Collia. His leadership, support and guidance will be missed. Our condolences go out to the Sullivan family”, concluded President Collia.
Under Phil’s leadership, the Credit Union experienced exponential growth. When Phil first joined as a volunteer on the Supervisory Committee, the credit union was just over $39 million in assets and serving 21,759 members. Today, Northeast Credit Union serves over 135,000 members in New Hampshire and Maine, with over $1.5 billion in assets. Phil had a strategic vision and an unwavering commitment to the financial strength and viability of the Credit Union, which to this day has helped the Credit Union thrive.
For additional information on Phil’s achievements and funeral service arrangements, visit https://www.purdyfuneralservice.com/obituaries/Philip-Sullivan-3/.