Credit Union News

Deepwater Industries FCU President/CEO Ida Bowen Announces Retirement

DEEPWATER, N.J. – Deepwater Industries FCU President and CEO, Ida Bowen, has announced that she will be retiring effective August 1, 2018. Bowen has served as President and Chief Executive Officer since February 2015. COO Sutton Gant has accepted the position of President and CEO effective August 1.

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Kid Friendly Food Collection Accepting Donations Until June 30th

Bay Atlantic FCU, Thunderbolt Area FCU, Jersey Shore FCU and Members 1st of NJ FCU are accepting donations for the Kid Friendly Food Collection through to June 30, 2018. Donations can be dropped off at any of these credit union branches.

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Deepwater Industries FCU Gives Two Scholarships to High School Seniors

DEEPWATER, N.J. – Deepwater Industries FCU recently awarded two deserving high school seniors with scholarships to put towards their college costs in the Fall. Zachary Krough is the winner of the NJCUL’s Youth Involvement Board (YIB) scholarship and Ryan Cruice was selected by the credit union.

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South Jersey FCU Elects New Board Members

DEPTFORD TOWNSHIP, N.J. – South Jersey Federal Credit Union (SJFCU) has elected Ana Fernandez and Lisa Morina to their Board of Directors. They replace outgoing Board Members Bienvenido Calaf, Jr. and Benjamin T. Griffith.

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Jersey Shore Federal Credit Union Makes a $500 Donation to FACES 4 Autism

Jersey Shore Federal Credit Union’s Social Action Committee coordinated a candy sale that took place January, February, and March of 2018 to raise money for FACES 4 Autism in Northfield. All five branches were involved in this great fundraiser, and after it was all said and done, a $500 check was donated to this amazing local organization. FACES 4 Autism supports children, teens and adults on the autism spectrum and those who love them.

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Arlene Bernard Named CEO of XCEL Federal Credit Union

BLOOMFIELD, N.J. – During the annual strategic planning session, after a vote from the full Board of Directors, Chairwoman Phyllis Ford named Arlene Bernard as the permanent CEO of XCEL Federal Credit Union.

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Princeton FCU Holding Grand Opening Of New Branch

PRINCETON, N.J. – Join Princeton Federal Credit Union from Monday, April 30th to Saturday, May 5th for their grand opening celebration of their new branch and headquarters at 774 Alexander Road, Princeton, NJ 08540.

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SNJ Today Highlights Bay Atlantic FCU’s Support of Vineland Rotary Club’s Hunger Project

VINELAND, N.J. – SNJ Today highlighted Bay Atlantic Federal Credit Union’s participation in feeding local families of the Vineland community with the Vineland Rotary Club Hunger Project on April 14th. More than 100 volunteers form the area helped assemble 120,000 meals. Gail Marino, President/CEO of Bay Atlantic FCU (BAFCU) co-chaired the project along with BAFCU Board Secretary Bonnie Laube.

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NJCUL President/CEO David Frankil and CUNJ President/CEO Andy Jaeger Talk CU Growth Opportunities Through Small Business Lending in ROI-NJ Article

“In the face of costly compliance that financial institutions must deal with in a post-recession regulatory climate, as well as competition from large banking institutions,” local credit unions are looking to help small businesses that banks are shutting out, a recent article in the new ROI-NJ magazine points out. In the article, New Jersey Credit Union League President/CEO David Frankil and Credit Union of New Jersey President/CEO and NJCUL Chairman Andy Jaeger discuss untapped growth opportunities in serving the cannabis industry.

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Bay Atlantic FCU Helps Feed the Hungry with Vineland Rotary Club Hunger Project

VINELAND, N.J. – The Vineland Rotary Club held its second annual Hunger Project on April 14, 2018, assembling meal packets to feed 20,000 people in the Vineland community. Gail Marino, President/CEO of Bay Atlantic FCU (BAFCU) co-chaired the project along with BAFCU Board Secretary Bonnie Laube.

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Cyber Security Discussed at North-Central Chapter Meeting

RAHWAY, N.J. - Credit union staff and volunteers gathered on Thursday for a nice meal and networking at Luciano’s Restaurant in Rahway, N.J. for a North-Central Chapter meeting.

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Join 1st Bergen for its 9th Annual Meeting on April 23rd!

1st Bergen Federal Credit Union is hosting its 9th Annual Meeting on Monday, April 23rd at the Hackensack Performing Arts Center from 6 p.m. to 9 p.m. The meeting will be joined by special guest speaker and former Secretary of State of New Jersey Reverend Dr. De Forest Blake “Buster” Soaries, Jr. of First Baptist Church of Lincoln Gardens.

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Deepwater Industries FCU Holding Valentine's Day Basket Drawing for CHOP

DEEPWATER, N.J. – Having exceeded its two previous fundraising goals, Deepwater Industries FCU is holding a Valentine's Day Basket drawing to benefit Children’s Hospital of Philadelphia (CHOP) and has shared a new video that highlights its partnership with the Children’s Miracle Network.

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Visions FCU Names Tim Strong Community Development Manager

ENDICOTT, N.Y. –  Tim Strong of Visions Federal Credit Union was recently promoted to Community Development Manager, a new role designed to ensure that Visions continues to devote time and resources into strengthening the communities in which they are located.

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Jersey Shore Federal Credit Union Raises $500 for K9 Warriors Inc. of Galloway, N.J.

On Thursday, January 25th, Jersey Shore Federal Credit Union’s Social Action Committee presented a check for $500 to Gabriel Ruiz, Founder and CEO of K9 Warriors Inc. to help with the cost of training K9s for combat veterans in the area. All credit union employees wear jeans on Fridays and that money funded this donation.

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CUNJ’s Jaime Gangone Receives SNJBP’s 40 Under 40 Award

EWING, N.J. — Credit Union of New Jersey’s (CUNJ) Jaime Gangone has been recognized as one of South New Jersey Business People’s (SNJBP) Top 40 Under 40. The award is given to the top 40 individuals under 40 years old who have contributed and demonstrated exceptional service within the South Jersey business community.

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Say Hello to New Jersey’s 2018 Crasher!

HIGHTSTOWN N.J. – The New Jersey Credit Union League is pleased to announce that Allison Macey, Business Development Manager at Garden Savings Federal Credit Union, has been selected to attend Crash the GAC 2018 by The Cooperative Trust and Credit Union National Association (CUNA)!

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12 CU Professionals Receive Free HR Management Training at Greater Alliance FCU Through Final Round Of League’s Rutgers Training Grant

HIGHTSTOWN, N.J. – Credit union professionals gathered at Greater Alliance FCU this week for free HR management development training. This two-day “Supervisory Symposium” training is available to NJCUL member credit unions through a partnership with Rutgers University, underwritten by an $89,000 educational grant from the State of New Jersey secured by the League earlier this year.

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South-Central Chapter Holds Holiday Gathering; Collects Toys for Tots

MT. LAUREL, N.J. – The South-Central Chapter gathered at Carlucci’s Waterfront Restaurant in Mt. Laurel for its annual holiday gathering. Meeting attendees were encouraged to bring unwrapped gifts to be donated to Toys for Tots.

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Liberty Savings FCU Partners with Resilient JC for Disaster Recovery Planning

JERSEY CITY, N.J. – In the wake of such recent natural disasters as Hurricanes Harvey, Irma, Jose, and Maria and the terrorist events of recent years, recovery planning and resilience for cities is becoming an even more vital topic for community discussion. Liberty Savings Federal Credit Union, under the guidance of its newly-appointed CEO, Maria Solorzano, recognized this and seized the opportunity to partner with Resilient JC in their endeavors for Jersey City in Hudson County.

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Atlantic Federal Credit Union Collecting Coat Donations for Winter Coat Drive

With winter fast approaching, Atlantic Federal Credit Union reminds everyone to help out members in the community who are in need this holiday season. Atlantic FCU is kicking off their Annual Winter Coat Drive by collecting new or gently used coats to donate to those in need.

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In Memoriam: Former Campbell EFCU President/CEO and NJCUL Board Member Martin Banecker Passes, Services to be Held Saturday

MEDFORD, N.J. – Martin J. Banecker, a prominent figure of the credit union industry and movement and dedicated family man, passed away on Friday, November 10, 2017, at the age of 66, surrounded by his loving family. Banecker was the former President/CEO of Campbell Employees Federal Credit Union for 25 years and served on the NJCUL Board as well as the Federal Reserve Bank of Philadelphia Advisory Council.

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Jersey Shore FCU Raises $700 in Candy Bar Sales for the Marianne DiNofrio Pancreatic Cancer Research Foundation

NORTHFIELD N.J. – On Thursday, October 26th, Jersey Shore Federal Credit Union’s Social Action Committee presented a check for $700 to Mr. John DiNofrio, President of the Marianne DiNofrio Pancreatic Cancer Research Foundation in memory of Credit Union Pioneer Marianne DiNofrio, to help raise awareness and funding for pancreatic cancer research. All five of the credit union’s branches sold candy bars for $1.00 each.

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South-Central Chapter Donates to CUAid Disaster Relief

The South-Central Chapter of Credit Unions made a donation of $200 to the National Credit Union Foundation’s (Foundation) CUAid disaster relief fund to help credit union people affected by Hurricanes Harvey, Irma, and Maria, and those affected by the wildlife in California.

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South Jersey Federal Credit Union partners with Ryan Howard and Krystle Howard for Book Signing

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) is hosting two book signings featuring the Little Rhino Book Series authors Ryan Howard, former Phillies first baseman and World Series Champion, and Krystle Howard on Saturday, November 11th to promote good sportsmanship and the importance of literacy and education.

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Greater Alliance FCU Celebrating 80 Years of Service

PARAMUS, N.J. – Founded 80 years ago by five educators from Hackensack, Greater Alliance FCU is celebrating its 80th anniversary of serving its community.

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Bay Atlantic FCU Receives Salvation Army’s Caring Hearts Award and Certificate of Achievement from Vineland Mayor’s Office

VINELAND, N.J. – Bay Atlantic FCU recently received the Salvation Army’s Caring Hearts Award and Certificate of Achievement from Vineland Mayor’s Office in recognition of its generosity and dedication to the Salvation Army. The credit union recently dropped off cash donations to the Salvation Army for disaster relief efforts in Puerto Rico.

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Polish & Slavic Federal Credit Union Celebrates Polish Heritage Month Throughout October

BROOKLYN, N.Y. – The annual Gen. Pulaski Day Parade along Manhattan’s Fifth Avenue on October 1 serves to kick-off National Polish Heritage Month every October. This year, the 80th edition of the colorful and culturally-rich parade was sponsored by the Polish & Slavic Federal Credit Union (PSFCU) for the 30th consecutive year.

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1st Bergen FCU Celebrating National Hispanic Heritage Month Celebration on October 5th

HACKENSACK, N.J. -- 1st Bergen Federal Credit Union will host a National Hispanic Heritage Month celebration at Atlantic Street Park in Hackensack, N.J. on October 5th, 2017, from 4 p.m. to 6 p.m. The credit union will share its commitment to serve and empower members of the Hispanic community, and will bring local neighborhoods and the credit union community together. The event will include special guests, music and dancing and refreshments as well as special promotions, including low interest loans, savings accounts, and checking accounts.

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South Jersey FCU employees make donation to Hurricane Harvey victims

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) employees collected $1,500.00, which was used to purchase 200 cases of water, non-perishable foods, cleaning supplies and baby products for the victims of Hurricane Harvey.

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South Jersey FCU Makes Donation to Alzheimer’s Association

DEPTFORD, N.J. – South Jersey Federal Credit Union employees presented a $2,000 check to Effie Murphy, program coordinator for the Alzheimer’s Association. The donation was made on behalf of the employees’ “Charitable Journey” program and will be used for Alzheimer’s research and services in the Delaware Valley.

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Credit Union of New Jersey Foundation Awards $5,000 in Scholarship Funds

EWING, N.J. – Credit Union of New Jersey Foundation’s College Scholarship Program is offered annually to members as well as residents in Burlington and Mercer Counties who are getting ready to begin their college career. The Foundation recently awarded two, $2,500 scholarships. The recipients are Suzanne Saleh from Hamilton High School West and Kylie Amison from Steinert High School.

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South Jersey FCU Offering Specials for Total Solar Eclipse

DEPTFORD TOWNSHIP, N.J. — South Jersey Federal Credit Union (SJFCU) is offering a total eclipse of its rates from 1:21 pm – 4:01 pm on August 21st, to celebrate the Total Solar Eclipse.

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NJ DNA Get Technical

The NJ DNA Group took a bold step at yesterday’s dinner meeting held live at two locations:  NJCUL Headquarters in Hightstown, NJ and at 1st Bergen FCU  in Hackensack, NJ.

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‘Credit Unions For A Cure’ Team will Make Strides Against Breast Cancer

Five Southern New Jersey credit unions—Bay Atlantic Federal Credit Union, Campbell Employees Federal Credit Union, Jersey Shore Federal Credit Union, Members 1st of NJ Federal Credit Union, and Thunderbolt Area Federal Credit Union—have formed a team, named “Credit Unions For A Cure”, for a Making Strides Against Breast Cancer Event in Ocean City, N.J. taking place October 15th. N.J. credit unions are invited to support and participate! For more information, click here.

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South Jersey FCU Employees donate to the Alzheimer’s Association

DEPTFORD TOWNSHIP, N.J. — On August 2, 2017, South Jersey Federal Credit Union (SJFCU) employees presented a check in the amount of $2,000 to Effie Murphy, Program Coordinator from the Alzheimer’s Association. The donation was made on behalf of the SJFCU employees’ “Charitable Journey” program and will be used for Alzheimer’s research and services in the Delaware Valley.

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Bay Atlantic FCU Helps Homeless Man Move In to New Home

MILLVILLE, N.J. – Members of the Bay Atlantic FCU staff helped a local man, who has been homeless for over three years, move into a new home through the Bridgton, N.J.-based M25 Initiative.

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MidState FCU Participates in Local National Night Out

MidState FCU was among the thousands of organizations that gathered with their local communities Tuesday for this year’s National Night Out, an annual community-building campaign that promotes police-community partnerships and neighborhood camaraderie to make our neighborhoods safer, more caring places to live.

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In Memoriam: Edward J. Sisk of Elizabeth N.J. Firemen’s FCU Passes, Services to Be Held Sunday

ELIZABETH N.J. – Edward "Eddie" Joseph Sisk, a patriarch of Elizabeth's fire department family as second-generation fire chief, leading figure in Roselle Catholic and Irish-American circles and youth sports coach, passed away at the age of 60 on Wednesday, July 26, 2017, surrounded by his loving family. Sisk also served as Board Chair of Elizabeth N.J. Firemen’s FCU.

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XCEL FCU Board Elects New Leadership; Phyllis H. Ford to Serve as CU’s First Chairwoman

BLOOMFIELD, N.J. – The Board of Directors of XCEL Federal Credit Union has announced a change in leadership. At XCEL’s annual meeting held in June, the Board of Directors elected Phyllis H. Ford as the new Chairwoman. Ms. Ford has served on the Board since 2008 and was previously Vice Chair. Elevated to the Vice Chair vacancy will be Suzanne Taylor.

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Atlantic FCU Supports the Community FoodBank of New Jersey

KENILWORTH, N.J. – Recently, Atlantic FCU held its 82nd Annual Meeting. In past years, the credit union raffled off gift cards and provided door prizes to attendees. However, this year it opted for something more charitable, donating $1,500 to The Community FoodBank of New Jersey.

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Memorial Scheduled for Long-Time New Jersey Credit Union Professional Nancy Miller

A memorial service has been set for Nancy Miller, a fixture in the New Jersey credit union community for 40 years, who passed away on June 13th. The memorial service will be held on Saturday, July 1st from 1 p.m. to 4 p.m. at Anderson & Campbell Funeral Home located at 703 Main Street in Toms River, N.J.

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Atlantic FCU Hosts Movie Night with ‘The Hunters’

Recently, Atlantic FCU hung out with Wendy Williams and some of her amazing friends for the opening weekend of Wonder Woman. We sponsored the "Movie Night with the Hunters” fundraiser, which will help send 40 young girls from Essex County to YMCA Camp Mason this summer.

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Polish & Slavic FCU Awards $400,000 in Scholarships to 339 Talented Young Members

BROOKLYN, N.Y. – June may signal the end of the school year for most, but nearly 340 high school and college students are already looking forward to the upcoming fall semester, as the nation’s largest ethnic credit union, Polish & Slavic FCU (PSFCU), awarded $400,000 in academic scholarships at ceremonies held last week at its offices in New Jersey, Illinois, and Brooklyn.

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Campbell EFCU Celebrates its 80th Anniversary

CHERRY HILL, N.J. – Campbell Employees Federal Credit Union recently celebrated its 80th Anniversary at its Annual Business Meeting with 100 members in attendance.

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Long-Time New Jersey Credit Union Professional Nancy Miller Passes

Nancy Miller, a fixture in the New Jersey credit union community for 40 years, recently passed away. Miller worked at and volunteered for over a half a dozen credit unions and was active in the League’s Mid-state chapter. Details on arrangements are not yet available, but will be provided by the League once they are published.

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Bay Atlantic FCU and Local Rotary Club’s Hunger Project Helps Feed Local Families

More than 20,000 Local Families to Benefit from Meals Prepared

VINELAND, N.J. – Over 100 volunteers, including those from Bay Atlantic FCU, packed more than 100,000 meals on Sunday, June 11th, for distribution through food pantries to local families at the Rotary Club of Vineland’s Hunger Project held at the Vineland Salvation Army Building.

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