In this week’s New York Minute, we discuss significant conversations and achievements within the New York credit union community. From William J. Mellin’s impactful testimony to the innovative strides in member service technology by Visions FCU, and a recognition in “Who’s Who in Budget & Finance,” our community’s leadership and commitment to inclusivity, innovation, and advocacy shine through.

Mellin Provides Testimony to Senate Banks Committee on Disparities in Banking

On Tuesday, February 27th the Association’s President and CEO, William J. Mellin testified in front of the New York State Senate Banks Committee on behalf of New York’s credit unions. Specifically, the topic of discussion was ‘Disparities in New York’s Banking Industry: Banking Access for Consumers and Small Businesses’.

The hearing consisted of three panels, each of which had unique experiences and stories to share in regard to the current financial environment in New York. The first panel consisted of Samantha R. Darche, Deputy Superintendent of the Consumer Examinations Unit of the New York State Department of Financial Services and Dedrick Asante-Muhammad, the President of the Joint Center for Political and Economic Studies. The second panel consisted of William J. Mellin, President & CEO of the New York Credit Union Association and John J. Witkowski, President & CEO of the Independent Bankers Association of New York State. The third panel consisted of Dr. Darrick Hamilton the Henry Cohen Professor of Economics and Urban Policy at The New School.

“My gratitude is extended to the NYS Senate Banks Committee for the opportunity to participate in this hearing,” said Mellin. “The commitment to inclusive dialogue and collaboration is commendable, and we appreciate the platform to contribute to meaningful discussions shaping our financial landscape. We look forward to participating in future discussions.”

The Association would like to thank Senator James Sanders Jr., the Chairman of the NYS Senate Banks Committee, and other members of the committee for including credit unions in the discussion on how to better serve all New Yorkers financially.

Click below to watch the full hearing.

Nominations Open for the Young Professionals Commission

Nominations for the Young Professionals Commission are now being accepted. This Commission plays a key role in developing and implementing initiatives for their peers, aiming to support the growth and engagement of future industry leaders.

Eligibility and Terms

• Open to individuals 39 and under, employed by NYCUA member credit unions.
• Members serve two-year terms, with a maximum of two consecutive terms.

Nomination Details

• Deadline for submissions: March 15, 2024.
• Each credit union may nominate one candidate, committing to provide necessary support for their participation.

Getting Involved
In addition to Commission work, young professionals are encouraged to engage through local meet-ups, the YP Network email listserv, and the Commission’s Facebook page.

For nomination forms and further information, click the button below. This is an opportunity for young professionals to contribute to the credit union movement and shape its future.

Visions FCU Enhances Member Experience with Innovative Technology

Visions Federal Credit Union is at the forefront of integrating cutting-edge technology to enhance member services, particularly for those facing language or hearing barriers. The credit union is piloting a new use of Badger, a high-tech name badge developed by Satellite Displays, which offers real-time closed captioning of conversations and can translate over 20 different languages. This innovative tool not only functions as a traditional name badge but also displays text on its screen, making communication clearer and more inclusive for all members.

By incorporating Badger in select branches, Visions FCU demonstrates its commitment to building deeper relationships with members by breaking down communication barriers, highlighting its dedication to inclusivity and member satisfaction.

For more on how Visions FCU is leveraging technology to improve member interactions, read the full story below.

Linda Armyn Recognized in “Who’s Who in Budget & Finance”

Bethpage Federal Credit Union’s President and CEO, Linda Armyn, has been honored in City & State’s “Who’s Who in Budgeting & Finance.” This accolade celebrates New York’s financial experts who significantly impact the state’s fiscal health. Her roles, including co-chairing the Long Island Regional Economic Development Council and contributing to strategic regional planning, underscore her dedication to community development and affordable housing initiatives.

Linda’s leadership has been pivotal in establishing Bethpage FCU as a great place to work and bank, emphasizing team-centric approaches and a strong commitment to community support through grants, volunteerism, and sponsorships. Armyn’s involvement extends beyond Bethpage, serving in various influential roles including co-chair of the Long Island Regional Economic Development Council and active participation in key regional and national credit union associations.

Congratulations, Linda, on this well-deserved recognition! For more details on her recognition and contributions, click below.

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