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The New York Minute: Fall Leadership, Fraud Awareness & Industry Updates

This week, we’re looking ahead to new opportunities for credit union leaders while sharing important industry updates, member achievements, and stories from across the New York credit union community.

Register Now for the Fall CEO Roundtable!

Credit union CEOs and managers across New York have a great opportunity to connect this fall! The Association’s 2026 Fall CEO Roundtable returns to Turning Stone Resort Casino on October 29-30, bringing together leaders from credit unions with up to $100 million in assets for two days of peer discussion and strategic planning.

The Roundtable provides an opportunity to step away from the day-to-day and have candid conversations with peers who understand the unique challenges of leading a credit union at this asset size. Through facilitated discussions, attendees can exchange ideas, work through shared challenges, and explore strategies to help their organizations prepare for what’s ahead.

Book your hotel room by October 7 to receive the Association’s discounted rate, and be sure to register before the deadline of October 19.

Campaign Launched to Bring Awareness to Check Fraud

A new nationwide campaign is helping credit unions educate consumers about the continued threat of check fraud and the steps they can take to protect themselves.

Developed through a collaboration between America’s Credit Unions, the American Association of Credit Union Leagues (AACUL), and TruStage, the campaign provides ready-to-use resources and marketing materials credit unions can share with members to raise awareness and encourage safer check practices.

Credit unions are encouraged to take advantage of the toolkit and help spread the message: Check Yourself: Stop Check Fraud Before It Starts.

Explore the campaign resources and help educate your members about check fraud.

Celebrating the Life of Wayne Grossé

The New York credit union community is mourning the passing of Wayne Grossé, former President & CEO of Bethpage Federal Credit Union, now FourLeaf Federal Credit Union, and a dedicated leader within the credit union movement.

Throughout his career, Wayne demonstrated a deep commitment to the cooperative mission and to the members and communities credit unions serve. His leadership extended beyond Bethpage, including service on the New York Credit Union Association Board of Directors from 2021 until his retirement in 2023.

“Wayne’s dedication to the credit union movement showed in everything he did, and it left a lasting impression on all who worked alongside him,” said Association President & CEO William J. Mellin. “He brought wisdom, integrity, and genuine care to every conversation, including the years he gave in service on our Board. On behalf of the entire credit union community, we extend our heartfelt condolences to Wayne’s family and all who had the privilege of knowing him.”

“On behalf of the Association’s Board of Directors, we are deeply saddened by Wayne’s passing,” said Association Board Chair and President & CEO of Great Meadow FCU Ryan Roberts. “His years of service and leadership reflect a genuine commitment to the members and communities he served and the cooperative principles this industry was built on. Our thoughts are with his family, friends, and colleagues during this difficult time.”

We extend our deepest condolences to Wayne’s family, friends, former colleagues, and all those whose lives he touched throughout his career. His leadership and contributions to New York’s credit union movement will be remembered.

Additional details about Wayne’s life and legacy can be found here.

Alternatives FCU Leverages FHLBNY Partnership to Deliver $50,000 in Community Investment

Alternatives Federal Credit Union has secured the maximum $50,000 allocation available through the Federal Home Loan Bank of New York’s Small Business Recovery Grant Program, bringing additional resources to seven nonprofits serving the Southern Tier and Finger Lakes.

Funding will support Amplify Equity, Greater Ithaca Activities Center, OAR of Tompkins County, Community Dispute Resolution Center, Loaves & Fishes of Tompkins County, Chemung County Habitat for Humanity, and Southside Community Center. Their work spans entrepreneurship, youth development, reentry services, conflict resolution, food security, and affordable housing.

From helping offset rising home construction costs to supporting an organization that serves approximately 5,600 meals each month, the grants will address a wide range of needs throughout the region thanks to Alternatives FCU’s support!

First Source FCU Named Best of the Best in 4 Categories

The community has spoken, and First Source Federal Credit Union has earned recognition in four categories in the 2026 Best of Mohawk Valley Community’s Choice Awards.

First Source was named Best Place to Work, Best Locally (Member) Owned Business, Best Mortgage Lender, and Best Credit Union.

Determined by community nominations and votes, the awards celebrate businesses and organizations that make the Mohawk Valley a great place to live and work. For First Source, the four honors recognize both the financial services it provides and the workplace culture and community relationships behind them.

Congratulations to the entire First Source team on this exciting recognition!

From InfoSight360: Share Insurance Coverage Changing for Trust Accounts December 1st

by Michael Christians & Glory LeDu

The NCUA has issued a final rule that will change how share insurance coverage is calculated for trust accounts. Effective December 1st, all trust account types (revocable, irrevocable, POD) will be combined into one category for purposes of determining coverage. Coverage of up to $250,000 for each named beneficiary will be available, up to a maximum coverage amount of $1,250,000.

Read the full article from InfoSight360 to learn more.

Filene Research Institute and Money20/20 Announce Partnership to Connect Credit Unions with the Global Fintech Ecosystem

A new strategic partnership between Filene Research Institute and Money20/20 aims to give credit union leaders greater access to the technologies, ideas, and conversations shaping the future of financial services.

The collaboration kicks off this fall at Money20/20 in Las Vegas with a new Credit Union Pass and programming developed specifically for credit union executives, including a Credit Union Meetup and closed-door deep dive. It will continue at Filene’s big.bright.minds. 2026, December 1-3 in New Orleans, where attendees will explore emerging issues including payments innovation, agentic AI, stablecoins, and real-time payment rails.

By pairing Money20/20’s connection to the global fintech ecosystem with Filene’s credit union research and insights, the partnership is designed to help credit union leaders better understand emerging trends—and turn them into strategies for sustainable growth.


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