The board of directors of First New York
Federal Credit Union, which has an office at 424
Maple Ave., Saratoga Springs, appointed Lucy
Gottung Halstead to the position of president
and CEO.
Halstead is a former vice president of marketing
and branch administration for Ballston
Spa National Bank.
Halstead previously held the position of
senior vice president/chief operating officer
at First New York FCU.
The credit union Board of Directors said it
is confident that the credit union has a great
future ahead of it with her leadership.
In her previous position at the credit union,
she played an important leadership role providing
strategic management and vision for the
credit union. During her tenure at First New
York, Halstead has been instrumental in supervising
branch operations and the management
team and continuously upgrading technological
banking opportunities for the membership.
She has also been on the forefront of overseeing business development and marketing strategies for the credit union, officials said.
Halstead holds a bachelor of arts degree in public communications from the College of Saint Rose and is also a graduate of the Stonier Graduate School of Banking.
First New York Federal Credit Union has been in business for 76 years, offering all of the traditional financial products such as mortgages, home equity and auto loans, checking and savings accounts, share certificates, money market accounts, education loans, commercial banking and investments.
First New York FCU is a non-profit financial cooperative which serves more than 29,000 members, with assets totaling approximately $260 million. The credit union was originally founded in 1937 as Schenectady Teachers Federal Credit Union, and now has seven full service branch locations and operates five in-school branch offices, run by student volunteers inside the Duanesburg, Albany, Schenectady, Mohonasen, and Schoharie high schools.
Photo Courtesy of First New York Federal Credit Union