Skip to main content
Enter search terms below…

Member News

First New York federal Credit Union announces winner from their "Lucky Savers" program



First New York Federal Credit Union has a $1,000 winner from the “Lucky Savers” program.

With so many New Yorkers struggling to put money away for the future, how can credit unions encourage members to save? One promising way is to ensure that the act of saving is fun. Lucky Savers is structured to do exactly that: help motivate individuals to save by rewarding smart savings behavior.

Lucky Savers is modeled after a national award-winning product developed by Doorway to Dreams and the Filene Research Institute called Save to Win. Thanks to a state law passed in 2015, New York became one of several states throughout the country that allows credit unions to offer this product to members.

A Lucky Savers account is a 12-month share certificate with unlimited deposit capabilities, and members can open the account with a $25 deposit. For every $25 in month-over-month balance increases, accountholders earn one entry into monthly and quarterly prize drawings. The program can help all credit union members build a financial safety net, but it was created specifically with new-savers and the financially vulnerable in mind.

Lucky Savers helps advance the credit union mission of "People Helping People" by providing members with a way to build good savings habits with the added excitement of more traditional games of chance.

We are excited to announce “Lucky Savers” winner, Steven B. of Albany. Congratulations to Steven for being our $1,000 Lucky Saver!

Troy, N.Y. – Pattison, Sampson, Ginsberg & Griffin, PLLC has added two new summer law clerks, Lindsay Carr and Michael Pitcher, to the firm headquartered in Troy. A student at Albany Law School, Carr has joined Pattison, Sampson, Ginsberg & Griffin as an intern following her second year of law school. In this role she will conduct legal…
Troy, N.Y. – David L. Bach of Burnt Hills, who has served as Associate Commissioner of the New York State Office of Children and Family Services, Division of Child Welfare and Community Services since 2019, has been appointed as the new CEO of Unity House. Last spring, longtime Unity House CEO Chris Burke announced that he would retire in mid-2022…
Jul
12
Our partners at NYS DOL have the tools to recruit and retain your workforce. Stephen Ryan, Shared Work Initiative Project Coordinator, and Laurie Thomson…
Webinar
Jul
26
Did you know that recruiters and hiring managers take an average of only 7.4 seconds to review a candidate’s resumé? Using a mock resumé,  we will review…
Skills Building Webinar
Aug
15
The Chamber’s Annual Golf Classic returns to The Country Club of Troy for a day of clubs, carts, and connections.   The scramble-style format provides…
Networking is Par for the Course