Banks & Credit Unions

ENDWELL — Visions Federal Credit Union (FCU) has hired a woman with more than 30 years of financial-services experience to serve in its newly created position of VP of risk management. Darla Huff, whose experience includes a 15-year background in risk management, started in her new role on Dec. 3. Having relocated from Minneapolis, Minnesota,

ALBANY — Gov. Andrew Cuomo announced on Jan. 29 that he is nominating Maria Vullo as a member of the State of New York Mortgage Agency (SONYMA). She currently serves as superintendent of the Department of Financial Services (DFS) but is set to step down from that position on Feb.1. SONYMA is a public-benefit corporation

ALBANY — The board of directors of the Albany–based New York Credit Union Association (NYCUA) has approved its 2019 state legislative priorities.  During this year’s state legislative session, NYCUA plans to advocate for legislation dealing with data security, mortgage-foreclosure reform, state and local-government deposits, and improvements to the state charter. NYCUA contends that it will

The board of directors of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), parent of Berkshire Bank, recently voted to increase its quarterly cash dividend by 1 cent, or 5 percent, to 23 cents a common share  The dividend will be payable on Feb. 28 to shareholders of record at the close of business on Feb. 14.

  JOHNSON CITY — Chemung Canal Trust Company on Jan. 18 completed the closure of its branch office inside the Oakdale Mall in Johnson City and transitioned customer accounts to its Vestal office. Chemung Canal Trust said in a news release that no employees lost their jobs as a result of the office closing. The

SPENCER — Tioga State Bank announced that its president and CEO Robert M. Fisher was nominated for the national position of vice chairman for the 2019-2020 Independent Community Bankers of America (ICBA) board of directors.  ICBA’s board of directors will vote on the nominations during its 2019 national convention, ICBA LIVE, to be held March

NEW HARTFORD — A woman who served on the board of directors at First Source Federal Credit Union (FCU) between 2011 and 2016 has been appointed as the organization’s first CFO.  Pamela Goodison-Bick has also been a member of the New Hartford–based credit union for more than 20 years, First Source said in a news

Credit-union membership growth in New York state accelerated in 2018, according to a new report. Memberships at New York credit unions increased by 5.8 percent to 5.87 million in the year ending Sept. 30, 2018. That’s up from 3.3 percent membership growth in 2017, according to the “Third Quarter 2018 New York Credit Union Profile”