Community Resource Federal Credit Union
Community Resource Federal Credit Union

Community News

News

Get the most up-to-date news releases from Community Resource FCU. Find out more about our credit union’s business and community activities today!

Contact Us

Media outlets seeking information on Community Resource or organizations looking for a speaker for events may contact [email protected]

Newsletter

Community Resource FCU’s quarterly e-newsletter contains financial information, credit union happenings, and educational articles to help you maximize your finances.

Access to Current and Archived Annual Reports

If you’re a member interested in a summary of the year’s developments at Community Resource Federal Credit Union, our annual reports are the best place to turn. Each report highlights events and announcements and includes reports from our CEO/President, and Board of Directors. Find everything you want to know about CRFCU activities in our annual reports.

Press Mentions

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Press Mentions

WRGB – November 2017 – CRFCU donates to the Veterans Motorcycle Club Chapter 8 as part of their RED campaign.

The Troy Record – November 2017 – CRFCU Receives Rensselaer County Chamber of Commerce Good News Award.

CU Social Good – November 2017 – Story about our Veterans RED campaign.

Capital Region Chamber – July 2017 – Community Heroes Night Announced

The Troy Record – February 2017 – Story regarding our recent branch opening in North Greenbush, NY

CUToday – January 2017 – Story regarding our recent branch opening in North Greenbush, NY

WTEN – January 2017 – Story regarding our recent branch opening in North Greenbush, NY

CFRCU Top Fundraising Team for the Capital Roots Garden Bowl – January 2018 

CRFCU Wins Rensselaer County Good News Award – November 2017 

CRFCU Hosts Community Heroes Night With the Valley Cats – July 2017

Nine local heroes were honored by CRFCU and the Valley Cats during

North Greenbush Branch Ribbon Cutting – January 2017 

CEO/President Terry Langlois was joined by CRFCU Board Members and local officials to officially open CRFCU’s new branch in North Greenbush, NY

North Greenbush Branch GroundBreaking – August 2016 

CEO/President Terry Langlois was joined by CRFCU Board Members and local officials to officially break ground on CRFCU’s new branch location in North Greenbush, NY

Press Releases

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Newest Press Release

FOR IMMEDIATE RELEASE

 

CRFCU Demonstrates Commitment to Community with $8,000 Donation to Ronald McDonald House Charities of the Capital Region

[Latham, January 22, 2024] — In a powerful display of community support, Community Resource Federal Credit Union (CRFCU) is thrilled to announce its generous donation of $8,000 to the Ronald McDonald House Charities of the Capital Region (RMHC). This significant contribution was made possible not only because of CRFCU’s commitment to supporting the community but also through the incredible dedication and generosity of CRFCU’s employees and members, who rallied together to make a positive impact on the lives of families in need.

 

As a testament to the enduring partnership between CRFCU and RMHC, this donation marks CRFCU’s continued commitment to being a Partner in Strength with the renowned charity. The collaboration extends beyond financial support, with CRFCU employees actively engaging in volunteering efforts at the Ronald McDonald House. This hands-on involvement exemplifies CRFCU’s dedication to making a tangible difference in the community.

 

“We are immensely proud to stand as a Partner in Strength with Ronald McDonald House Charities of the Capital Region,” said Toni Lynn, Chief Experience Officer at CRFCU. “The overwhelming generosity of our employees and members is a testament to the compassion and community spirit that defines CRFCU. Together, we are honored to contribute to the remarkable work undertaken by RMHC in providing support and comfort to families during challenging times.”

 

The $8,000 donation will play a crucial role in supporting RMHC’s mission to create a home away from home for families with seriously ill children receiving medical treatment. The financial contribution will help RMHOC continue to provide a nurturing and supportive environment, ensuring that families can focus on their children’s health and well-being without the added stress of accommodation costs.

 

Looking ahead, CRFCU expresses enthusiasm for the ongoing partnership with RMHC in the coming year. The commitment to making a positive impact in the community remains a cornerstone of CRFCU’s values, and the collaboration with RMHC aligns seamlessly with these principles.

 

For more information about Community Resource Federal Credit Union, please visit www.communityresourcefcu.com.

 

About Community Resource Federal Credit Union:

Community Resource Federal Credit Union is a not-for-profit financial cooperative committed to serving the needs of its members and the local community. With a focus on delivering exceptional financial services and supporting community initiatives, CRFCU strives to make a positive impact on the lives of individuals and families in the Capital Region. For more information, please visit www.communityresourcefcu.com.

 

About Ronald McDonald House Charities of the Capital Region:

Ronald McDonald House Charities of the Capital Region provides a home away from home for families with seriously ill children receiving medical treatment in the Capital Region. The organization offers support, comfort, and resources to ensure families can focus on their children’s well-being during challenging times.

Press Releases

FOR IMMEDIATE RELEASE

Community Resource FCU to offer investments and insurance through new relationship with Richard C. Anthony AIF® and LPL Financial.

 

[Latham, NY, September 25, 2023] – Community Resource Federal Credit Union (CRFCU) is excited to announce its recent relationship with LPL Financial*, a Fortune 500 company and the leading provider of investment products and services to banks and credit unions across the nation**. This collaboration marks a significant milestone for CRFCU and reinforces the credit union’s commitment to providing its valued members with access to a diverse range of investment and insurance products.

LPL Financials’ leading reputation as a trusted financial services firm, coupled with its access to an extensive product portfolio, makes it a great fit for Community Resource FCU in its mission to enhance its members’ financial well-being. By teaming up with LPL Financial, Community Resource FCU you now have access to an even broader selection of investment options and insurance solutions, empowering them as they pursue their financial goals.

“We are thrilled to embark on this exciting journey with Richard and LPL Financial,” said Terry Langlois, President, and CEO of Community Resource FCU. “This strategic alliance opens up a world of possibilities for our members, allowing them to make well-informed investment decisions and preserve their financial future with quality investment products.”

In conjunction with this relationship, Community Resource FCU proudly introduces Richard C Anthony, AIF®, as the Program Manager and LPL Registered Representative. Richard brings an impressive 28 years of experience in the investment and insurance field, making him an invaluable asset to the credit union and its members. Having spent 18 of those years at LPL Financial, with 14 of those as part of the executive team of a local credit union, we feel Richard brings a great deal of knowledge and experience.

“I am excited to have this relationship with a local credit union that has such a long-standing reputation of helping their members and being a part of their community. I feel Community Resource still lives the credit union mission of “People helping people”. I’m glad to be a part of this relationship with CRFCU and LPL Financial, helping their membership pursue all their financial goals.”

“Richard’s extensive background and industry knowledge make him an excellent fit for this role,” added Toni Lynn, Chief Experience Officer, Community Resource FCU. “As an LPL Registered Representative, his dedication to providing personalized financial guidance aligns with our credit union’s core values, aiming to ensure our members receive the highest level of service and support.”

Community Resource FCU remains dedicated to its members and community, and this relationship with LPL Financial is yet another step in its ongoing commitment to deliver access to exceptional financial services and solutions. The credit union is confident that this collaboration will bring about meaningful outcomes for its members, always working toward enhancing their financial confidence.

For more information about Community Resource FCU and its relationship with LPL Financial, please visit CommunityResourceFCU.com or contact us at 518-783-2211.

 

About Community Resource FCU:

Established in 1935 to serve Niagara Mohawk Power Corporation employees in Albany and Hudson districts, Community Resource Federal Credit Union (formerly New York Power & Light Service Building Employees FCU) has undergone transformative growth. Evolving from Niagara Mohawk North Albany Employees FCU in 1951 to Niagara Mohawk Albany FCU in 1979, the credit union expanded its reach further with the merger of N.M.P. Albany Administrative FCU in 1977. Relocating to 20 Wade Road in 1996 after an extensive renovation, the credit union embraced a broader membership as Community Resource FCU. With a mission to improve the lives of its members and the community by providing access to affordable, reliable, and solution-based financial services, Community Resource FCU obtained a community charter in 2000, now serving Albany, Schenectady, Saratoga, and Rensselaer County residents. Committed to becoming the financial institution of choice, the credit union aims to provide exceptional service and go above and beyond to help its members achieve their financial goals.

About LPL Financial:

LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around. Today, LPL is a leader in the markets we serve, supporting nearly 20,000 financial advisors, and approximately 800 institution-based investment programs and 500 independent RIA firms nationwide. We are steadfast in our commitment to the advisor-centered model and the belief that Americans deserve access to personalized guidance from a financial advisor. At LPL, independence means that advisors have the freedom they deserve to choose the business model, services, and technology resources that allow them to run their perfect practice. And they have the freedom to manage their client relationships because they know their clients best. Simply put, we take care of our advisors, so they can take care of their clients.

Media Contact:

Jaye Jones

AVP, Marketing and Business Development

Community Resource FCU

518-783-2211 ext 222

[email protected]

CommunityResourceFCU.Com

Your Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services.

 

*Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Community Resource Federal Credit Union is not registered as a broker-dealer or investment advisor. Registered representatives of LPL may also be employees of Community Resource Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Community Resource Federal Credit Union. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency Not Credit Union Guaranteed
Not Credit Union Deposits or Obligations May Lose Value

 

**2019-2020 Kehrer Bielan TPM Survey. Based on Financial Institution Market Share.

For Immediate Release

Contact: Leanne Ricchiuti, Headline Media for Albany Police Athletic League, 518-222-8073
August 21, 2023

MEDIA ADVISORY

Community Resources Federal Credit Union Donates School Supplies & Backpacks to Albany PAL Kids

(Albany, N.Y.) –– The Albany Police Athletic League (PAL) is very thankful to Community Resource Federal Credit Union (CRFCU), who has generously donated school supplies and
backpacks for PAL’s kids. The distribution event will be held on Wednesday, August 23, 2023, at 2:00 p.m. at the Albany PAL Center.

Representatives from CRFCU and Albany Police Chief Eric Hawkins will be handing out book
bags filled with school supplies to Albany PAL Kids at their Summer Camp. Additional book bag
giveaways will occur at several Albany elementary schools in the early part of September. The
collaboration will result in the distribution of approximately 250 book bags with school supplies.

WHO: Sgt. (Ret.) Leonard Ricchiuti, Executive Director, Albany Police Athletic League
APD Police Chief Eric Hawkins
Representatives from Community Resource Federal Credit Union
PAL Summer Camp Kids

WHAT: Annual Backpack Giveaway

WHERE: Albany PAL Center, 844 Madison Ave, Albany

WHEN: Wednesday, August 23, 2023 at 2:00 p.m.

“We are so grateful to our supporters at Community Resource Federal Credit Union and the
Albany Police Department who continually answer the call to support our youth,” said Albany
PAL Executive Director Sgt. (Ret.) Lenny Ricchiuti. “Their generosity will enable our PAL kids to
have the tools they need to begin a successful school year when they return to their
classrooms.”

“When students arrive at school with their Book Bags, they’ll have the tools and confidence they
need to help them succeed,” said CRFCU President & CEO Terry Langlois. “CRFCU is proud to
partner with the Albany PAL program in contributing to a child’s physical, educational, and
developmental success.”

“The Albany PAL Book Bag Program is just another example of the great things that can be
achieved when partnerships are formed on behalf of our youth. We are thankful to CRFCU for
that collaboration,” said Albany Police Chief Eric Hawkins.

For more information about the Albany Police Athletic League, visit the website
https://www.albanypal.org/.

– 30 –

About Albany Police Athletic League (PAL). The Albany Police Athletic League, Inc. (PAL) is a youth
development organization which brings kids, cops, and community together in non-law enforcement
settings. PAL accomplishes its goals by presenting various educational, recreational, and social
opportunities to Albany’s youth. Each year, PAL engages approximately 2000 youth with activities such as the After-School Clubs, Mentoring, Police Explorers, Lacrosse, Track events, and much more. Since its establishment in 1997, the Capital Holiday Lights has been the primary fundraiser for the Albany Police Athletic League. Funds raised from this annual event are used to sustain and grow programming for the thousands of youth and families who participate in PAL programming throughout the year. PAL can be reached at 518-435-0392 or online at www.albanypal.org.

About Community Resource Federal Credit Union. Community Resource Federal Credit Union is a
not-for-profit financial institution committed to serving the needs of its members and the local community. With a focus on delivering exceptional financial services and supporting community initiatives, CRFCU strives to make a positive impact on the lives of individuals and families in Albany, Schenectady, Rensselaer, and Saratoga Counties. For more information, please visit communityresourcefcu.com.

FOR IMMEDIATE RELEASE

Community Resource Federal Credit Union to Donate Oven to Ronald McDonald House of Charites of the Capital Region

[Albany, June 30, 2023] – Community Resource Federal Credit Union (CRFCU) is proud to announce its generous contribution to the Ronald McDonald House of Charities of the Capital Region. In a heartwarming gesture, CRFCU donated a brand-new double oven to the Ronald McDonald House, aimed at enhancing the facility’s ability to provide nutritious meals for families staying at the house.

On Friday, June 30, 2023, CRFCU will officially welcome the oven to the Ronald McDonald House of Charites of the Capital Region, located in Albany, NY. This significant contribution is a testament to CRFCU’s commitment to supporting local community organizations and making a positive impact on the lives of those in need.

The Ronald McDonald House of Charites of the Capital Region serves as a “home away from home” for families with seriously ill children receiving treatment at nearby hospitals. The facility offers a supportive and comfortable environment, allowing families to stay together during challenging times. As part of their mission, the Ronald McDonald House provides meals through programs such as, Love is Served, and other essential services to alleviate some of the burdens faced by these families.

With the addition of the new oven, the Ronald McDonald House will be able to ensure that families have access to healthy and delicious meals while focusing on their child’s well-being. The oven’s advanced features and capacity will greatly enhance the efficiency of the kitchen operations, enabling the Ronald McDonald House staff and volunteers to prepare meals with ease.

“We are thrilled to contribute this oven to the Ronald McDonald House of Charites of the Capital Region,” said Jaye Jones, AVP of Marketing & Business Development of Community Resource Federal Credit Union. “We believe in the importance of supportng organizatons that have a profound impact on our community. By providing this oven, we hope to alleviate some of the operatonal challenges faced by the Ronald McDonald House and enable them to contnue their exceptonal work in serving families during difficult tmes.”

The installaton of the new oven took place on Thursday, June 29, 2023. Cocca’s Appliances employee, Scot Hunter, graciously donated his tme to install the oven at the Ronald McDonald House of Charites of the Capital Region.

For more informaton about Community Resource Federal Credit Union and their community initatves, please visit communityresourcefcu.com. To learn more about the Ronald McDonald House of Charites of the Capital Region and their mission, please visit htps://rmhcofalbany.org/.

About Community Resource Federal Credit Union:
Community Resource Federal Credit Union is a not-for-profit financial cooperatve commited to serving the needs of its members and the local community. With a focus on delivering exceptonal financial services and supportng community initatves, CRFCU strives to make a positve impact on the lives of individuals and families in Albany, Schenectady, Rensselaer, and Saratoga Countes. For more informaton, please visit communityresourcefcu.com.

About Ronald McDonald House of Charites of the Capital Region:
The Ronald McDonald House of Charites of the Capital Region provides a comfortable and supportve “home away from home” for families with seriously ill children receiving medical treatment at nearby hospitals. The organizaton offers lodging, meals, and a caring environment, enabling families to focus on their child’s well-being during challenging tmes. For more informaton, please visit htps://rmhcofalbany.org/.

 

Click here for the full PDF of this document.

 

 

 

FOR IMMEDIATE RELEASE

April 24, 2023

Jaye Jones, AVP Marketing & Business Development
518-783-2211

Community Resource Federal Credit Union Participates in MILITARY SAVES WEEK 2023

The annual campaign focuses on increasing military-affiliated Americans’ financial
confidence through addressing individuals’ emotions, lived experiences, and helping them
get a clear view of their finances in order to set new goals.

Latham, NY – Community Resource Federal Credit Union is a proud participant in Military
Saves Week, an annual national campaign that encourages military-affiliated individuals
and families to check-in on their finances by highlighting several key areas that contribute to
financial stability; such as saving automatically, preparing for unexpected expenses,
retirement, and reducing debt. Military Saves Week is April 24, 2023 – April 28, 2023.
As part of Military Saves Week, Community Resource FCU will help encourage those
currently serving in the military to focus on savings goals and milestones and preparing for
the future.

“With so many military service men and women in our communities still feeling the financial
distress from the pandemic, this national conversation is timely and needed. Community
Resource won the Military Saves Designation of Savings Excellence award in 2021 and
2022 and looks forward to continuing to support our community in gaining better savings
habits and getting key strategies that enhance their financial wellness journey.”

– Jaye Jones, AVP Marketing & Business Development
###

Community Resource Federal Credit Union is a strong financial institution that has been
rooted in the community for nearly 90 years. We serve anyone who lives, works, worships,
or attends school in Albany, Schenectady, Saratoga, and Rensselaer Counties. We strive to
improve the lives of our members and the community by providing access to affordable,
reliable and solution-based financial services.
Since 2007 Military Saves Week, coordinated by America Saves and its partners, has been
an annual celebration as well as a call to action for military-affiliated Americans to commit to
saving successfully. Through the support of thousands of participating organizations,
together, we encourage our local communities to do a financial check-in to get a clear view
of your money story and saving behaviors. The Military Saves pledge is an online tool that
allows savers to set a goal and make a plan to achieve better financial stability.

 

Community Resource FCU goes RED this November as we recognize the Veterans and Military Personnel in the Capital Region. CRFCU Goes RED This November

Community Resource FCU is pleased to announce the Albany Business Review awarded the Best Places to Work designation to the local Credit Union. Community Resource Wins Best Places to Work

Nominations accepted for Community Heroes Night with the Tri-City Valley Cats. Tri-City Valley Cats and CRFCU to Honor Community Hero Starting Nine

Don’t see a Community Resource FCU or shared branch location in your community?

You can always access your accounts with Online or Mobile Banking.

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How to Join

Click here to fill out our membership application form. A Financial Service Representative will contact you to complete the application.