Amey R. Sgrignoliwas appointed the new president/CEO of the $401 million Belco CommunityCredit Union on Wednesday, the Harrisburg, Pa.-basedcooperative announced in a prepared statement.

Sgrignoli was acting president/CEO since January following theretirement of Lonny Maurer.

“Mr. Maurer has provided outstanding leadership to the creditunion for 41 years and will be greatly missed,” said Richard Lytle,Belco's board chair. “On behalf of the board and staff, wethank him for his years of service and wish him continued successesin the future as he transitions to new activities in the yearsahead.”

Sgrignoli brings more than 19 years of leadership experience inthe financial industry and has worked extensively with creditunions throughout her career. She joined Belco in 2004 and workedin various roles. She graduated from Shippensburg Universitywith a B.S. in Business Administration and a M.S. in OrganizationDevelopment and Leadership.

“The board came to the conclusion that there was not a betterperson to lead Belco than Amey; she is a versatile, an accomplishedleader and a proven innovator,” Lytle said. “We have the highestdegree of confidence that her leadership will guide BelcoCommunity Credit Union in this new chapter of growth andinnovation.”

Sgrignoli said she is looking to the credit union's future withgreat expectations while remaining true to its heritage and missionof people helping people.

“It is my vision to be a leader who models Belco's vision andmission,” she said. “I am committed to ensuring that Belcocontinues to be our members' most valued, convenient, and trustedfinancial partner for life.”

Chartered in 1939, Belco serves more than 50,000 members andoperates 11 branches throughout the south central region of theKeystone State.