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NY Credit Union, Palisades FCU Announce Annual Scholarship Winners

PEARL RIVER, NY -- (Marketwired) -- 05/06/13 -- Palisades Federal Credit Union, the largest Rockland County based Credit Union, announced six recipients of their annual George Hatala scholarship. Scholarships were presented at the NY Credit Union's annual meeting at the Comfort Inn in Nanuet, NY. One of the six scholars also received a scholarship from the Rockland and Westchester Credit Union chapter. Combined the seven awards brought the evenings total to $2,400 in scholarships.

Palisades' George Hatala scholarship was created to honor Mr. Hatala's resilient efforts to improve the quality of life for everyone in Rockland County, especially the youth. "We admire the dedication, achievement and contributions of these young, talented and ambitious students," said Mark Welshoff, President and CEO of Palisades Federal Credit Union. "We wish them all the best with their college experience and beyond."

Eligible scholarship applicants were college bound high school seniors who will be attending college for the first time in the fall of 2013 and are members of the Rockland County based Credit Union. Scholars were selected because of their academic performance, extracurricular and community activities and a written essay based on the Credit Union industry's philosophy, "People helping People."

The recipients and corresponding high schools represented are:

     Matthew Owens                  Don Bosco Preparatory High School
     Daniel Gettler                 St. Joseph Regional High School
     Michael Cappabianca            North Rockland High School
     Matthew Katz                   Clarkstown South High School
     Stephen Louis Valvo            Clarkstown North High School
     Tina Savarese                  Clarkstown South High School

"There is no more important investment we can make than in our next generation of leaders," explained Anthony Pili, VP of Sales and Marketing at Palisades Federal Credit Union. "By supporting some of our brightest local high school students, we pay tribute to George and his vision."

About Palisades Federal Credit Union
Headquartered in Pearl River, NY, Palisades Federal Credit Union (www.palisadesfcu.org), with more than $160 Million in assets, is the largest Rockland County based Credit Union. The New York Credit Union operates 4 branches and provides full service banking products and surcharge-free access to over 50,000 ATMs nationwide. Credit Union membership, a Credit Union Credit Card and Credit Union loans are open to anyone who lives, works, studies, or worships in Rockland County, NY.

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Anthony Pili
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