ITHACA — CFCU Community Credit Union has announced the appointment of Katie Foley as its new board chair, succeeding Amy Wood Gonzalez in the role. Foley, co-owner of Silo Food Truck, joined CFCU’s board of directors in 2014 and previously served as vice chair and secretary, per the July 10 announcement. “Katie is an accomplished […]
ITHACA — CFCU Community Credit Union has announced the appointment of Katie Foley as its new board chair, succeeding Amy Wood Gonzalez in the role.
Foley, co-owner of Silo Food Truck, joined CFCU’s board of directors in 2014 and previously served as vice chair and secretary, per the July 10 announcement.
“Katie is an accomplished leader and volunteer, advising on several not-for-profit organizations,” Lisa Whitaker, president and CEO of CFCU, said in its announcement. “We appreciate her stewardship of our Board over the past ten years and eagerly anticipate her transition into her new leadership role.”
The change is part of the board’s overall succession plan that CFCU’s leadership and board created to “ensure smooth transitions.” As part of the plan, Wood Gonzalez will continue to serve on the board as a director.
“I’m excited to continue supporting Katie and the greater CFCU staff as a board member,” Wood Gonzalez said.
“I am honored to step into this position and continue the excellent work Amy has done,” Foley said. “I look forward to working with the Board and our members to further our mission of providing exceptional service and support to our community.”
During Wood Gonzalez’s term as board chair, CFCU announced a merger with CORE Federal Credit Union in 2022, expanding its presence in Central New York. The merger allowed CFCU to streamline its technical resources, resulting in a “broader network” of branches and ATMs.
Additionally, the credit union commemorated its 70th anniversary, marking key milestones in its growth and service, CFCU said.
“We are grateful for Amy’s remarkable dedication to the credit union, the Board, and the community,” Whitaker said. “Her lasting impact has significantly enriched CFCU’s legacy. The expansion during her leadership was part of a strategic initiative to diversify our charters, leading to our current service in seven regions across the Finger Lakes.”
Founded in 1953 as the Cornell Federal Credit Union, CFCU Community Credit Union serves more than 82,000 members with over $1.4 billion in assets. With 14 locations, CFCU says it’s one of the largest credit unions in New York state.
