ENDWELL — The Visions Federal Credit Union board of directors elected three directors at the organization’s 54th annual meeting. The credit union in late March also announced financial-relief programs to help those affected by the coronavirus pandemic. Annual meeting Besides the election of three directors, the board also elected officers and made appointments during a […]
ENDWELL — The Visions Federal Credit Union board of directors elected three directors at the organization’s 54th annual meeting.
The credit union in late March also announced financial-relief programs to help those affected by the coronavirus pandemic.
Annual meeting
Besides the election of three directors, the board also elected officers and made appointments during a special reorganization meeting held following the annual meeting.
George Bobinski, James Lewis, and Laurie Schorno were elected to three-year terms on the board. The group also includes Alan Hertel, Joan Lacey, Christopher Marion, Michael Mullen, Mary Robinson, and Kelly Roche. Robinson and Roche were recognized for five years of volunteer service.
At the special reorganization meeting, the board elected executive committee members, including Hertel as chairperson; Marion as vice chairperson; Mullen as treasurer; and Roche as secretary.
The board also appointed supervisory committee members who included Douglas Camin, Frederick Getz, Thomas Knight, Denise Stoughton, Mark Wasser, and Joan Lacey as an alternate.
In addition, Hertel recognized retiring board member Kenneth Kidder, III for his “dedication and commitment” throughout his 23 years of volunteer service.
Coronavirus-relief programs
Visions FCU announced the financial-relief programs because “these times are tough and unprecedented,” Ty Muse, president and CEO of Visions, said.
“We’ve been reading the news like everyone, but we also wanted to listen to our members and employees and figure out how we could help them,” said Muse.
The package includes a 0 percent annual percentage rate emergency loan, with limits ranging from $1,000 to $5,000 and terms up to 12 months.
Visions also announced a “We Care 3-Month Skip-a-Pay” program allowing eligible members to skip three consecutive consumer-loan payments, “penalty-free,” with the program also allowing for some “existing delinquencies.”
“It’s important for us to help those who have already been impacted,” said Muse. “We need to take care of the most vulnerable and also make sure they can get on with their daily lives.”
In addition, Visions said it is offering a 90-day first payment deferral option on new and used auto loans. This deferral program is effective for all auto loans closed on or after March 23.
Established in 1966, the nonprofit Visions Federal Credit Union is owned by its members and serves more than 210,000 members in communities throughout New York, New Jersey, and Pennsylvania.