2022 -- S 3000

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LC006075

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2022

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S E N A T E   R E S O L U T I O N

CONGRATULATING GARY FURTADO ON HIS RETIREMENT AS THE PRESIDENT &

CEO OF NAVIGANT CREDIT UNION AFTER FORTY-FOUR YEARS OF

DISTINGUISHED SERVICE WITHIN THE RHODE ISLAND BUSINESS COMMUNITY

     Introduced By: Senators Felag, Cano, Kallman, Archambault, McCaffrey, Goodwin,
Coyne, Miller, F Lombardi, and Picard

     Date Introduced: June 07, 2022

     Referred To: Recommended for Immediate Consideration

     WHEREAS, Gary Furtado began his exemplary professional career in 1978, shortly after

graduating from Bryant University, when he accepted an accounting position with Navigant

Credit Union, then known as Credit Union Central Falls; and

     WHEREAS, Thanks to his tireless work ethic, business acumen and incredible leadership

skills, Mr. Furtado was named the President/CEO of Navigant in 1987, a position he has held for

the last thirty-five years; and

     WHEREAS, Under Mr. Furtado’s guidance and direction, Navigant Credit Union

experienced exceptional growth, swelling from a one-branch credit union in Central Falls, to its

current position as Rhode Island’s largest member-owned credit union. Currently, Navigant

Credit Union serves more than 125,000 members, with twenty-three branch locations across the

state, and more than $3 billion in operating assets; and

     WHEREAS, Gary Furtado is widely respected and admired throughout Rhode Island and

Southeastern New England for his abiding integrity, his ability to connect with all people in all

levels of society, and for helping to create a better business environment in Rhode Island and,

through his success, creating much-needed jobs for the State. Perhaps Ann Kashmanian, Chair,

Navigant Credit Union Board of Directors, provided the most eloquent testimony to Mr.

Furtado’s impact on Rhode Island when she said, “Gary Furtado is a bona fide visionary leader, a

quintessential representative of credit union principles and values, and a respected mentor and

friend to the countless colleagues he’s touched over the course of his career. His impact on

Navigant Credit Union, Rhode Island’s business community, and the national credit union

industry truly cannot be overstated.”; now, therefore be it

     RESOLVED, That this Senate of the State of Rhode Island hereby congratulates Gary

Furtado on his retirement as President & CEO of Navigant Credit Union after forty-four years of

distinguished service within the Rhode Island business community. We furthermore wish Mr.

Furtado a most happy and healthy retirement and continued success in all his future endeavors;

and be it further

     RESOLVED, That the Secretary of State be and hereby is authorized and directed to

transmit a duly certified copy of this resolution to Gary Furtado.

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LC006075

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