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Phone: (703) 518-6330

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Media Contact: Steve Bosack
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Fax: (703) 837-2953
Email: sbosack@ncua.gov


NCUA News Release
FOR IMMEDIATE RELEASE

Matz Names Credit Union Speakers for
PALS Workshop Featuring Senator Clinton

Registration Open for Free Workshop on October 11 in Rochester, N.Y.

August 31, 2004, Rochester, N.Y. – NCUA Board Member Debbie Matz has put together a diverse lineup of speakers to join U.S. Senator Hillary Rodham Clinton (D-NY) at NCUA’s free Partnering and Leadership Successes (PALS) workshop on Oct. 11 in Rochester.

Credit union leaders from across New York State will present successful strategies for “Serving the Underserved Without Losing Your Bottom Line.” Panel discussions will include perspectives from small, mid-size and large credit unions, with different types of charters located both in urban and rural areas.

“These diverse panels will demonstrate how credit unions of all sizes and all charters can effectively serve the underserved,” Matz related. “Whether converting to community charters, adding underserved areas, or reaching out to everyone in their current field of membership, these credit unions offer shining examples of innovations that attract new members who are not being served by other insured financial institutions.”

The first panel will focus on “Meeting Critical Needs” – the first step in helping the underserved withstand financial emergencies, build good credit, and make life-changing choices. These panelists will describe needed services such as risk-based loans, payday loan alternatives, and financial education:

  • Melissa Marquez, Loan Officer, Genesee Co-op Federal Credit Union ($6 million), Rochester
  • Ron Ehrenreich, CEO, Syracuse Cooperative FCU ($9 million), Syracuse
  • Stephen Gardner, CEO, GHS FCU ($81 million), Binghamton
  • Kirk Kordeleski, CEO, Bethpage FCU ($1.8 billion), Long Island

The second panel will focus on “Building Members’ Wealth” – the ultimate goal of all credit unions. These panelists will describe wealth-building services such as affordable mortgages, member business loans, and international remittances:

  • Pablo DeFilippi, Board President, Lower East Side People’s FCU ($12 million), New York
  • Cynthia Vaughan, CEO, Rockland Employees FCU ($44 million), Orangeburg
  • Bill Myers, CEO, Alternatives FCU ($48 million), Ithaca
  • Gail Bedell, CEO, WCTA FCU ($235 million), Sodus

Senator Clinton will deliver the closing keynote address and answer questions from the audience. To view the agenda and register for the workshop, visit www.ncua.gov, look under “PALS Registration,” then click “Oct. 11 - Rochester.”

The workshop will be co-hosted by The Summit FCU in Rochester, the National Association of Federal Credit Unions (NAFCU), the National Federation of Community Development Credit Unions, and the New York State Credit Union League. The Summit CEO Mike Vadala and New York League President Bill Mellin will join Matz in making opening remarks. NAFCU President Fred Becker will facilitate the first panel, and Federation Executive Director Cliff Rosenthal will facilitate the second panel.

PALS workshops are open to credit unions of all sizes and charter types. Potential partners from organizations based in underserved communities are also invited to share their ideas and network with credit union officials.

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Recommended by Senate Democratic Leader Tom Daschle (D-SD), Matz was named as a recess appointee to the NCUA Board in January 2002 and nominated to a seat on the Board on February 27, 2002. The U.S. Senate confirmed her on March 22, 2002. As part of the NCUA Board, Ms. Matz oversees the regulation of federal credit unions and the administration of the federal insurance fund covering approximately 9,500 credit unions in the U.S.

A 24-year public service veteran, Matz is a member of three credit unions and resides in McLean, Va. with her husband and two children. Before her appointment to the NCUA Board, Matz was appointed by President Clinton as Deputy Assistant Secretary for Administration in the Department of Agriculture.