In this week’s New York Minute, we’re celebrating the achievements of credit union leaders, highlighting innovative programs, and exploring important security considerations. From recognizing industry leaders to promoting financial well-being and community engagement, there’s a lot to catch up on!
Visions FCU Employee Designated Credit Union Development Educator
Congratulations to Tim Strong of Visions Federal Credit Union for being named a Credit Union Development Educator (CUDE)! Tim is among 54 credit union leaders nationwide who recently completed the National Credit Union Foundation’s signature Development Education (DE) program.
The DE program is an intensive training experience designed to equip participants with a deeper understanding of the credit union philosophy and its core principles. Through interactive sessions and workshops, participants explore topics like the “credit union difference,” building empathy with members, and promoting financial well-being for all.
By earning his CUDE designation, Tim is better equipped to be an active example of dedication to the credit union movement and passion for empowering members to achieve financial success. This recognition is a testament to Tim’s commitment to Visions FCU’s mission and his leadership within the credit union community. Click below to see the full list of designees.
Long Island Credit Union Leaders Recognized on Top 50 Women in Business List
Congratulations to Sarah McCandless of Suffolk Credit Union and Tricia Daley of Ocean Financial Federal Credit Union for being named to Long Island Business News’ prestigious Top 50 Women in Business list!
This recognition honors the outstanding achievements of women leaders on Long Island, and we’re proud to see two credit union professionals recognized for their contributions to the industry and their communities. Both Sarah and Tricia have demonstrated exceptional leadership, innovation, and a commitment to serving their members.
We commend Sarah and Tricia for their well-deserved recognition. To view the full list, click below!
Cornerstone Community FCU Gives Back to the Local Organizations
Cornerstone Community Federal Credit Union has shown its commitment to local communities by providing an impressive $27,000 donation to three local organizations: Niagara Hospice, Kenan Center, and Buddy’s Second Chance Rescue. Each of these beneficiaries will receive $9,000 to further their individual missions and it was made possible by the efforts of Cornerstone’s 2nd Annual Community Day.
This successful event brought together the community for a day of fun, food, and fundraising. With a variety of activities, including food trucks, raffles, games, and vendor booths, the event attracted a large crowd and raised significant funds for these worthy causes.
Cornerstone is dedicated to giving back through its ongoing support of local organizations and initiatives. By organizing events like Community Day, they are making a positive impact on the lives of many and living the credit union mission of “People Helping People.”
Cybersecurity Advisory: DFS Warns of Risks Associated with Remote Employees
The New York State Department of Financial Services (DFS) has issued a warning to all regulated entities about potential security risks associated with hiring remote technology workers. Recent reports indicate an increase in attempts by North Korean threat actors to gain access to company systems by posing as qualified IT job applicants.
These threat actors often use deceptive tactics, such as creating fake identities, using virtual private networks to mask their true location, and requesting remote access to company systems. To protect against these threats, the DFS recommends that companies implement rigorous hiring processes, including thorough background checks and identity verification. Additionally, companies should strengthen their cybersecurity measures, such as monitoring network activity, restricting remote access, and conducting regular security assessments. By taking these proactive steps, financial institutions can mitigate the risks associated with hiring remote workers and safeguard their sensitive information.
Read the full letter below.
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