Skip to main content
Enter search terms below…

Member News

CAP COM Announces Merger with City of Schenectady Employees Federal Credit Union



The members of the City of Schenectady Employees Federal Credit Union (CSEFCU) approved a merger with CAP COM Federal Credit Union (CAP COM) at a special member meeting previously held. This is CAP COM’s second merger of 2019, following Postal Employees of Troy Federal Credit Union earlier this year.

CSEFCU is located at 105 Jay Street, in City Hall, Schenectady, NY and will reopen at 9 a.m., on December 4, as CAP COM Federal Credit Union. This location will have limited services, however it will include ATM withdrawals, deposits, payments, transfers, check withdrawals & wires, loan guidance and opening new accounts. CSEFCU members will have access to CAP COM’s full portfolio of banking products and services at CAP COM’s additional 11 branches across the Capital Region.

CSEFCU’s members will join CAP COM’s portfolio of 133,000 members and $1.9 billion in assets. 

“I believe this is a wonderful opportunity for the CSEFCU members to join CAP COM, and gain access to the services we provide including multiple branch locations, a vast network of ATM’s, educational resources, online and mobile technology and award-winning service tailored to our members’ needs,” said Chris McKenna, CAP COM’s, President and CEO. “Our CAP COM Cares Foundation and the work we do in the community will allow our newest members to see firsthand that we truly care about the families and communities we serve.”

“In order to succeed in today’s economic atmosphere, many credit unions look at mergers as a practical approach,” said Sean Solomon, City Schenectady Employees Federal Credit Union’s, Chairman of the Board of Directors. “This union with CAP COM will uncover opportunities to offer improved products and services to our members. This merger will benefit both CAP COM members and CSEFCU members.”

Siena College's Stack Center for Innovation and Entrepreneurship will be holding the 2021 Maddalone Wall of Success Induction Ceremony on campus on Tuesday, October 26th at 6pm.  The Maddalone Wall of Success recognizes Siena alumni who have founded successful businesses to highlight their stories and inspire the next generation of Siena…
TROY, N.Y. — Russell Sage College students will give back to the community on Sept. 29 as part of its Sage Engaged school-wide day of service.   The annual event is a chance for students to get to know the local community and to learn about volunteer opportunities.   Small groups of students from Sage’s Troy and Albany campuses will visit Diane’s…
Bouchey & Clarke Benefits, Inc. invites you to attend our free annual seminar virtually, where our key speakers will be covering some of the most important topics facing employers regarding their employee benefit programs and human resource trends. Topics to include: NYS HERO Act, strategies to deal with workforce shortages, and others. When:…
Sep
30
Transportation — by planes, trains, buses and ships — is a necessary component of a thriving economy. Learn how new transportation infrastructure,…
Details: Check-in and Breakfast at 7:30 a.m.; Panel Discussion from 8 - 9:30 a.m.
Oct
07
In consideration of the health and safety of our honorees, membership and the community, we have postponed the Van Rensselaer Awards Dinner due to the…
This event has been postponed.
Oct
14
NetworkingPlus is an event designed to expand your connections, generate new leads, and promote your business. Networking will begin with lunch. You will…
Details: Check-in and Lunch between 11:30 a.m. - 12:00 p.m.; Networking Program from 12:00 p.m. - 1:00 p.m.