LOCKPORT, N.Y. – For Cornerstone Community Federal Credit Union the more members that attend its annual meeting the better.
This year over 270 members were in attendance to mingle with the board, CU executives and hear the latest updates on their credit union.
Up for re-election and running unopposed were Gabriel McCaughey, director; Sally Moore, secretary; and James Szatkowski, treasurer. Continuing their term in 2006 are: David Nemi, chairman; A. Angelo DiMillo, first vice chairman; Edwin Rosier, second vice chairman; and directors John Tolli, James Budde, and Molly Cocco. According to Cornerstone President/CEO Ann M. Brittin, 2005 was a very profitable one-allowing for a bonus dividend at year-end. Last year marked the launch of the Alert Me credit report monitoring program, plus Visa Travelers Checks, Gift Cards and TravelMoney Cards. Brittin says the tiering of dividends on money market accounts and regular Share Certificates, along with several Share Certificate specials, also helped meet the dynamic needs of Cornerstone members. "The credit union's financial strength can be attributed to the success of our indirect lending program and overdraft protection program, as well as management's overall ability to identify both profitable and desirable products and services for the membership," said Szatkowski.
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