Director Departs Mid-Hudson Valley FCU Board After 37 Years

Published May 07, 2013, 6:37 p.m. EDT

|

Updated August 26, 2020, 10:20 p.m. EDT

1 Min Read

KINGSTON, N.Y. Mid-Hudson Valley FCU, a former IBM employees’ credit union, said Paul Pavlovich is retiring after 37 years on its board.

Processing Content

Pavlovich was instrumental in expanding the credit union beyond the IBM Kingston facility when it closed in 1994 to serving the tri-county community of Ulster, Orange and Dutchess counties.

Pavlovich served as chairman of the board for 15 years, including during the time when the IBM Kingston Plant closed in 1994, leaving the credit union in a difficult situation. He and the other board members made the strategic decision to transform the credit union into a multiple group charter, then later a community charter in 2002.

Pavlovich will continue to serve the $770-million credit union as director emeritus.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Community banking

Citing bad loans, USDA bars a group of lenders from lending program

The move comes about a year after rising delinquency levels prompted SBA to raise lender fees and tightened underwriting standards in its flagship 7(a) program.

By John Reosti
Reporter

May 18
Artificial intelligence

OpenAI launches Plaid integration for ChatGPT Pro users

Select ChatGPT users can now connect their bank accounts to the AI-powered chatbot for personal money management advice based on their financial history.

By Melinda Huspen
Tech Reporter

May 18
Fraud

Always-on fraud checks cut Suncoast's losses by a third

Suncoast Credit Union moved from one-time identity checks to monitoring members for the life of the account. It says fraud losses fell more than a third.

By Carter Pape
Technology Reporter

May 18
Wells Fargo

Wells Fargo settles lawsuit alleging hiring, lending discrimination

The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.

By Allissa Kline
Reporter

May 18
New York

First Trump, Now Mamdani; politicians stepping into payments

Whether red or blue, leaders share an affinity for battling fintech giants, as the liberal mayor is pressuring regulators to scuttle Western Union's plan to buy digital transfer Intermex, shortly following PayPal's 'DEI settlement' with the Trump administration.

By John Adams
Executive Editor, Payments

May 18
Agentic Commerce

Why JPMorgan Payments has been 'pretty quiet' on agentic commerce

Prashant Sharma, JPMorgan Payments' executive director of biometrics and identity solutions, spoke with American Banker about agentic commerce and how liability is shifting as a result of large language models.

By Joey Pizzolato
Reporter

May 18

Load More