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Suffolk Federal Credit Union has opened its seventh branch, and its first in five years. The Medford-based credit union opened the 1,600-square-foot branch on Dec. 8 at 5 Eastport Manor Road in Eastport in a shopping center anchored by King Kullen.
John H. Barrie, III Chief Operating Officer, Suffolk Federal Credit Union
When a long-time Suffolk Federal Credit Union employee's son was going off to fight in Afghanistan and would be essentially incommunicado, the CU knew there was something it could do to help. The CU board quickly and unanimously voted to donate the $5,700 needed to provide satellite Internet and 18 computers to the members of the 82nd Airborne stationed at Camp Airborne in Wardak, Afghanistan. According to First Lieutenant Brian Gallagher, the service was especially meaningful during the last holiday season, and the family interaction lifted the soldiers' morale exponentially.
Nassau Educators Federal Credit Union has opened its first branch in Suffolk County. NEFCU's 11th branch is a 4,860-square-foot location in the Commack Corners Shopping Center on the corner of Commack Road and Jericho Turnpike in Commack.
Robert Maimoni is a Suffolk County public service veteran. His career began in 1971 at the Office of Audit and Control and now covers a wide range of positions, including director of health administrative services, assistant to the police commissioner, budget director for the county executive, LIPA board member and Long Island University professor. Now, he takes the reigns at Suffolk Federal Credit Union, at least temporarily. Will you be the permanent president? The board of directors is going through a process to hire a new president, and my name is one of the names being considered. The board has set a timetable for themselves of about four months. I was the executive vice president prior to Edward (Boughal, former CEO) - and right now going back to that would be my plan if I am not ...
A massive mortgage fraud fight in which a local credit union is suing its insurer for at least $42 million has advanced in court over the past few weeks. After a federal judge in December denied Suffolk Federal Credit Union's request for summary judgment charging Cumis Insurance Society owes it at least $42 million, the credit union last month filed a motion asking the judge to reconsider.
FINANCIAL SERVICESMedford-based Suffolk Federal Credit Union promoted Jon Zimmermann from assistant manager to manager of facilities and services. Zimmerman's responsibilities extend to seven financial institutions and more than 20 offsite ATMs. LAWJared Newman is the newest associate in the banking and finance practice group at Forchelli, Curto, Deegan, Schwartz, Mineo & Terrana in Uniondale. A graduate of Brooklyn Law School, Newman is accredited as a Leadership in Energy and Environmental Design green associate.
NAME: Lisa Mingoia TITLE: Vice President of Finance
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