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.
