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First New York Welcomes Vice President of Lending



First New York Federal Credit Union is proud to announce and welcome Thomas Phillips as the company’s new Vice President of Lending.

Thomas began his career with HSBC Bank, and through mergers, also worked at First Niagara and Keybank. At KeyBank, he was the VP/Area Retail Leader, where he directed sales, service and financial operations spanning 12 branches. He has held multiple positions in the financial services industry, from Branch Manager, District Manager, Human Resources Divisional Manager, Retail Lending and Mortgage. He holds an Associates in Business Degree from Erie Community College.

First New York Federal Credit Union was founded in 1937 as Schenectady Teachers Federal Credit Union and now operates six full service branches throughout the greater Capital Region. The credit union offers traditional financial products found at many financial institutions including checking and savings accounts, share certificates and money market accounts, auto and personal loans, mortgages and home equity loans, and commercial deposit and loan accounts. First New York Federal Credit Union also operates in-school branches run by student volunteers throughout the area, including Schenectady, Mohonasen, and Scotia-Glenville High Schools.

Mayor Patrick Madden today announced the launch of a local campaign to remind Troy residents to wear face masks in public to prevent the spread of COVID-19 and support a safe reopening of Troy & the Capital Region. The citywide effort features Troy business owners, local officials, neighborhood leaders, and Troy families wearing masks and…
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