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Palisades FCU Announces New President/CEO

Pearl River, New York – Palisades Federal Credit Union is pleased to announce the selection of Juan (Tony) Molina as the credit union’s new President/Chief Executive Officer.

“Tony is an extraordinary executive who will bring comprehensive operations and financial management experience to the credit union. We are confident he will bring a bright and prosperous future to Palisades Federal Credit Union as President/CEO,” said Greg Whalen, Board Chair.

For the last ten years, Tony has served as the Chief Financial Officer for Community Alliance Credit Union in Dearborn, Michigan. He has played a vital role in the organization where he managed the staff and direction of the Accounting, Finance, Risk Management, Human Resource, and Information Technology departments. Tony also oversaw and implemented several successful cost saving initiatives for the credit union. Prior to his time with Community Alliance Credit Union, Tony was a Financial Analyst with Community Federal Credit Union in Plymouth, Michigan. Tony holds a Bachelor of Business Administration in Finance from Western Michigan University in Kalamazoo, Michigan and a Master of Science in Finance from the Walsh College in Troy, Michigan.

“Tony has a great deal of financial knowledge coupled with a unique drive and vision. He has many great ideas for continuing the history of growth and member service for the credit union and the Board is looking forward to seeing what the future holds for under Tony’s leadership,” said Whalen.

When asked about his new position at Palisades Federal Credit Union, Tony stated, “It is an honor to accept the role of President/Chief Executive Officer of Palisades Federal Credit Union. I am eager to begin my service to the credit union and the Pearl River community.”

About Palisades Federal Credit Union

Palisades Federal Credit Union (PFCU) has been committed to making a difference in their members’ lives and in the Rockland County community for over 70 years. With $163 million in assets, PFCU currently serves over 11,000 members through three branch locations and strives to be the community’s premiere credit union by offering their members an array of financial products and services with their individual needs and interests in mind. PFCU believes in promoting financial literacy and money management skills within the community in order to improve the lives of their membership. With their sales and service culture, PFCU continues to enhance credit union growth and increase membership awareness of services that they have available. When chartered in 1941 as Lederle Employees Federal Credit Union, the credit union had the goal of “providing outstanding financial services at the lowest possible cost.” Although their name changed in 1996, their vision stayed the same and is still centered on serving their membership and building valued relationships through a lifetime of financial solutions. PFCU reflects these values by being heavily involved in the Rockland community and currently supports over 29 local charitable and social organizations. In 2002, PFCU became the first federal community chartered credit union to serve all persons who live, work, worship, or attend school in Rockland County, New York.

RELEASE DATE:

Tuesday September 23, 2014

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