In this week’s New York Minute, we pay tribute to the life and legacy of John Prumo, a true pioneer in the credit union industry. Additionally, we highlight the achievements of several credit unions, from recognizing industry leaders to supporting community initiatives. Join us as we celebrate the impact and power of New York’s credit unions.
Celebrating the Legacy of John Prumo
We are deeply saddened to announce the passing of John Prumo, a true icon in the credit union industry. John’s contributions to the New York credit union movement were immeasurable, and his legacy will continue to inspire generations to come.
John served as a dedicated leader at GPO Federal Credit Union for over four decades as President & CEO, guiding the credit union to significant growth and success. His leadership extended beyond GPO, as he served on the boards of the New York Credit Union Association and the Credit Union National Association (now America’s Credit Unions).
John was a visionary and a pioneer, always striving to improve the lives of credit union members. His induction into the Credit Union House Hall of Leaders and the New York Credit Union Association Hall of Fame is a testament to his extraordinary achievements.
“While we mourn John’s passing, we honor his legacy, which will continue to inspire us all,” said Association President & CEO William J. Mellin. “Our thoughts and deepest sympathies are with his family, friends, and everyone touched by his tremendous contributions.”
We extend our deepest condolences to John’s family and friends. His memory will forever be cherished by the credit union community. Additional details can be found here.
Carl Swan Named as Inner Lakes FCU’s Next President & CEO
Inner Lakes Federal Credit Union has announced the appointment of Carl Swan as its new President and CEO. With over 20 years in the financial services industry, Carl has a proven track record of success. Most recently, he served as the Senior District Manager at Community Bank, N.A., where he led the Buffalo and Western New York market.
Carl is actively involved in various organizations. He serves on the boards of the Westfield Development Corporation, Chautauqua Home Rehabilitation and Improvement Corporation, and the Westfield Hospital Foundation Audit Committee. He has also volunteered as a karate instructor at the YWCA of Westfield and has coached youth basketball, football, and Bible quizzing.
Please join us in congratulating Carl and the Inner Lakes team!
TrailNorth FCU Opens First Student Branch
TrailNorth Federal Credit Union is promoting financial literacy among the next generation with the grand opening of their first-ever student branch at Ticonderoga High School! This innovative initiative provides over 300 students with a convenient on-campus location to learn essential money management skills.
The branch, located next to the school cafeteria, will be staffed by a TrailNorth representative alongside student ambassadors. The student branch offers Ticonderoga High School students and faculty the opportunity to open accounts, gain real-world experience, and exercise financial literacy. Kudos to TrailNorth FCU for their commitment to empowering the next generation with the knowledge and tools to manage their financial health early.
O&R Utilities Employees FCU Donates to Hospice of Orange & Sullivan for Giving Tuesday
O&R Utilities Employees FCU recently celebrated Giving Tuesday by making a donation of $10,000 to Hospice of Orange & Sullivan. This gift will support the hospice’s mission of providing compassionate care to patients and families facing terminal illness throughout Orange and Sullivan counties.
The credit union’s donation highlights their commitment to giving back to the community. By supporting Hospice of Orange & Sullivan, O&R Utilities Employees FCU is helping to ensure that patients and their families receive the care and support they need during difficult times.
Sunmark CU Celebrates Giving Tuesday with 10 Local Organizations
This Giving Tuesday, Sunmark Foundation, the charitable organization from Sunmark CU, spread holiday cheer by donating $10,000 to ten local non-profit organizations. The funds will support a variety of causes, from empowering young women and promoting animal welfare to assisting those in need.
- The recipients of this generous donation include:
- Girls Inc. of the Greater Capital Region (Albany)
- YWCA of Northeastern NY (Schenectady)
- City Mission of Schenectady
- Pride Center of the Capital Region (Albany)
- Alliance for Safe Kids (Yorktown Heights)
- Night Out for You (Latham)
- Capital District Women’s Employment & Resource Center (Albany)
- The Charlton School (Charlton)
- Perfect Ten (Hudson)
- Mohawk Hudson Humane Society (Menands)
By supporting these organizations, Sunmark Credit Union is making a tangible difference in the lives of countless individuals and families. We commend Sunmark for using their reach to make a positive impact on their community. It’s a great example of the credit union philosophy of “People Helping People.”
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