June 24, 2013

Albany, N.Y. – The New York Credit Union Foundation (NYCUF) has selected board officers and welcomed new trustees for the year ahead. Together, the group will oversee the operation of the Foundation as they advance its mission of "fostering the financial independence of New Yorkers through credit unions."

The following updates were announced June 13 during the Foundation's annual meeting:

  • ACMG FCU President/CEO Vicki O'Neill has been re-elected board chairman.
  • Great Erie FCU CEO Robyn Young has been newly elected vice chairman.
  • Bethpage FCU CFO Brian Clarke has been re-elected treasurer/secretary.

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Four individuals are joining the board of trustees, including: Laurie Baker, VP/COO of The Summit FCU and board chair of the Credit Union Association of New York; Catherine Benson, lending SVP at CFCU Community CU; Tristram
Coffin, CEO of Alternatives FCU; and Cara Carlevatti, member development coordinator at Great Erie FCU. Carlevatti is a member of the Credit Union Association of New York's Young Professionals Commission and will represent her fellow young professionals on the board.

During the meeting, the group also recognized outgoing trustees John C. Gibardi, president/CEO of Entertainment Industries FCU; Gerard Herrling, principal at CarPort Consulting; James L. Mack, business development executive at Sunmark FCU; and Bruno Sementilli, president/CEO of Quorum FCU.

Remaining trustees include: Linda Bourgeois, CEO of UFirst FCU; Kevin A. Brauer, SVP of Alloya Corporate FCU; Alfred Frosolone, CEO of Niagara's Choice FCU; Chris Guild, sales manager at CUNA Mutual Group; Shirley Jenkins, secretary/board member of Municipal CU; William J. Mellin, president/CEO of the Credit Union Association of New York; Mark Pfisterer, president/CEO of AmeriCU Credit Union; Christine Peters, CEO of Family First of NY FCU; John Prumo, president/CEO of GPO FCU; and Mike Vadala, president/CEO of The Summit FCU.

"I am so pleased to continue my tenure as chairman of the Foundation's board of trustees, and to serve alongside such a distinguished group of leaders from the New York credit union movement," said O'Neill. "The Foundation has provided significant support to New York credit unions and their members through grants, partnerships and disaster relief, and we hope to build on that success in the year ahead."

May 30, 2013

Albany, N.Y. – The New York Credit Union Foundation (NYCUF) announced that it has awarded $55,824 in grants to New York credit unions and credit union professionals in the last grant cycle, which ran from January to May 2013. Grant categories included: Professional Development, Financial Fitness and Smart Money.

The Foundation awarded 45 Professional Development grants totaling $25,559 to employees and volunteers from 29 credit unions in New York State. Applications for Professional Development grants are accepted by NYCUF year-round on a rolling basis.

Twelve Financial Fitness grants totaling $23,374 were awarded to credit unions for funding member service initiatives like technology purchases/improvements, marketing initiatives and new product offerings.

Four Smart Money grants totaling $6,891 were awarded to credit unions for funding financial literacy workshops, events and summer programs.

"Every year, we are pleased to be able to help New York credit unions through our grant programs," said Allison Barna, director of NYCUF/Community Development. "These grant funds enable credit unions to invest in technology enhancements, marketing initiatives and educational opportunities that benefit their members and their communities."

All federal and state-chartered credit unions located in New York State are eligible to apply for NYCUF grants. Applicants must demonstrate financial need as a requirement for any program. In addition, Smart Money applicants must be able to define anticipated program outcomes. The total amount of a grant award will vary for members and non-members of the Credit Union Association of New York.

For more information about NYCUF's grant programs, visit the NYCUF website.