News Briefs

Gwinett FCU Celebrates 50 Years

LAWRENCEVILLE, Ga.-Gwinnett FCU, a one-time teachers credit union, last week said it is celebrating its 50th anniversary by committing $50,000 to the Gwinnett Tech Foundation to fund student scholarships over the next 10 years.

Gwinnett Tech has been affiliated with the $180 million credit union since the college's inception in 1984.

 

TEG FCU's Joe Prokop Retires As CEO

POUGHKEEPSIE, N.Y.-TEG FCU, a former teachers credit union, said yesterday Joseph Prokop is retiring at the end of the year after 32 years as CEO.

Prokop, who build the credit union from $2.9 million in assets to $172 million, will be succeeded as CEO by Ronald Flaherty, the credit union's chief financial officer who has been with TEG since 2000.

"I have been in the financial service industry for over 40 years, first at Marine Midland Bank for 9 years and then with TEG for the past 32 years," said Prokop, who expanded the credit union to serve the upstate New York counties of Dutchess, Orange and Ulster.

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