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CFCU Community Credit Union names assistant VP of business lending

ITHACA, N.Y. — CFCU Community Credit Union has promoted Margo Korowajczyk to assistant VP, business lending. She oversees the business-loan portfolio and is responsible for analyzing all business-lending documentation, the credit union said in a release. As part of her new role, Korowajczyk will annually obtain and analyze financial statements and current tax returns in […]

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ITHACA, N.Y. — CFCU Community Credit Union has promoted Margo Korowajczyk to assistant VP, business lending.

She oversees the business-loan portfolio and is responsible for analyzing all business-lending documentation, the credit union said in a release. As part of her new role, Korowajczyk will annually obtain and analyze financial statements and current tax returns in order to evaluate cash flow and viability of the business. She will also work toward limiting CFCU’s risk of losses by monitoring the quality of the loan portfolio while keeping management informed of potential losses, trends, and compliance problems, CFCU said.

Korowajczyk will train, support, and oversee the activities of the credit analyst(s), documentation specialist, and administrative assistant positions at the credit union.

Outside of work, Korowajczyk volunteers as the chairperson of the Town of Harford Zoning Board. She also serves as a member of the State Theater of Ithaca’s Finance Committee.

CFCU Community Credit Union is a nonprofit financial institution serving residents in Tompkins, Cortland, Seneca, Cayuga, and Ontario counties.

Jornal Staff