Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
NY to add five to CU Hall of Fame today
ALBANY, N.Y. (6/8/10)--Five individuals were added to the Credit Union Association of New York’s Hall of Fame today at the association’s annual meeting and convention in Cooperstown, N.Y.
Inductees include:
* Ralph “Art” D’Amico, who began his credit union career in 1951 as a cost accountant at Marathon Paper Company. While there, he took the initiative to form a credit union for its employees. He also became its first treasurer. When the company moved out of the area 12 years later, the credit union had to be liquidated. Because of D’Amico’s leadership, the credit union was able to pay a 19% dividend to the membership. D’Amico then was manager of Nestle Employees FCU--now Empower FCU--until his retirement in 1982. He also served in several elected positions for the Association’s Central New York Chapter Council. * Gregory DeVito, who has been part of Special Metals FCU since its inception in 1961. While working for Special Metals Corp., DeVito was the credit union’s part-time manager, then took on the manager role full-time. In 2007, he retired from the credit union, but continues to serve on its board of directors. * Geno Gizzi, who began managing of Rome FCU 40 years ago. Gizzi’s contributions include mentoring young credit union leaders, a trustee and treasurer for the association’s political action committee, and as a Utica-Rome Chapter council member for over 30 years--12 years as council president. * Paul Infantino, who began his career in 1962 as assistant treasurer for the former Rochester Telephone FCU (now The Summit FCU) and ascended to the position of general manager, which he held for 21 years. Under his leadership, the credit union grew from 2,400 members and one cashless branch with $1.4 million in assets to over $100 million in assets. Infantino also served 10 years on the credit union’s board of directors. * Robert Witty, who began his career with CFCU in 1969 as an assistant manager when the credit union had only one office, 2,000 members and $3 million in assets. When he took over as CEO 15 years later, the credit union had grown to $39 million in assets with 16,000 members. Under Witty’s leadership, the credit union grew to $600 million in assets and 60,000 members. Witty plans to retire later this year.
“Each of these individuals made credit unions their life work,” said Association President/CEO William J. Mellin. “The success and stature of their respective credit unions today can be traced back to their dedication to and involvement in all aspects of the credit union movement throughout their years of service.”


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
9 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
10 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
13 hours ago
Seriously underwater homes rise, new-home sales tumble News Now:
13 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants
15 hours ago