Skip to main content
Enter search terms below…

Member News

SEFCU to Pay Cohoes Community Center Employees Final Week of Work Wages



TroyRecord.com

Officials recently announced that the roughly 70 employees of the Cohoes Community Center will receive the wages they are owed for their final week of work. The community center recently abruptly shut down due to financial difficulties.

Officials said the payment of these wages was made possible thanks to the generosity of SEFCU.

The Cohoes Community Center Board of Directors said they are working to ensure that the delivery of employee paychecks will occur in a timely fashion.

“We realize that there are still many outstanding issues that will need to be resolved regarding the sudden closure of the Cohoes Community Center, and we continue to work hard to address them,” said Board Chair David Mitola in a news release. “This is a positive first step as we continue to work with community and business leaders on plans to help the Cohoes Community Center resume operation and once again serve the children and families of our city.”

In addition to making employees whole by funding the payroll shortfall,  officials said SEFCU is donating the money necessary to cover short-term utility costs.

“At its core, SEFCU is a community support organization. We work hard every day to be able to help people when they need it most. In this case, we’re providing the funds necessary to ensure that hard-working people in Cohoes receive the wages they earned, and their families do not suffer due to circumstances outside of their control,” said SEFCU President and CEO Michael J. Castellana in the release. “We’ll continue to work with the Center’s board of directors and community leaders, including Assemblyman John McDonald, to investigate options that will help the Community Center re-open.”

Officials noted that there is more work to be done, and that the Cohoes Community Center Board of Directors will provide additional information as it becomes available.

 

Alicia Barr, Nathan Towne, Joseph Avellino and Roberta Russo have joined Wojeski & Company CPAs, P.C. Alicia Barr is a certified public accountant (CPA) who will serve as a Tax Manager at the firm. She has eight years of experience preparing individual, corporate, partnership, fiduciary, and non-profit tax returns. Barr holds an MBA from…
First New York Federal Credit Union will issue four $1,000 scholarships this spring. Applications for the scholarship must be submitted by the March 6th, 2020 deadline. Applicants must: be a member in good standing with First New York Federal Credit Union, be a graduating high school senior, plan to attend an accredited two- or four-year college…
Joan Heffler Photgraphy (dba Creative Expressions) has announced they have won an award from The Schenectady Award Program. The annual awards program honors the achievements and accomplishments of local businesses throughout the Schenectady area. Awards and recognition are given to companies that have shown the ability to use their best practices…
Feb
05
2020 Economic Outlook: How Macro Impacts the Micro for Your Business. The investment team at Bouchey Financial Group consisting of Steven Bouchey, CFP®;…
11:30 a.m. Check-in & Luncheon; 12 - 1:00 p.m. Presentation
Feb
28
A panel discussion featuring State representatives addressing issues facing our communities.  The Chamber's "Meet the Legislators" event provides members…
11:30 a.m. Registration & Luncheon; 12 - 1:00 p.m. Panel Discussion and Q&A
Mar
10
Harness YOUR power within, build professional and personal networks and find inspiring mentors. Learn how to amplify your voice and be heard. Join top…
11:30 a.m. Check-in & Luncheon; 12 - 1:30 a.m. Mentoring Conversations