BETHPAGE, N.Y. - After a 27 year career at Bethpage FCU, 25 of which have been as president/CEO of the $950 million, 88,000-plus member credit union, Peter Seitz has retired. Under Seitz's direction, BFCU grew from being a small, single sponsor-Grumman Aerospace Corp - credit union, into a multi-sponsor CU with more than 60 select employee groups. "It was Pete's vision of becoming a multiple sponsor organization that enabled Bethpage FCU to survive the Grumman downsizing and sale, and enabled us to become what is today the largest credit union on Long Island, the fifth largest in New York State, and among the largest nationally," commented BFCU Chairman Sam Piazzola. "Pete's dedication to the credit union movement transcended BFCU's success, and was evidenced through his leadership in galvanizing local support for H.R. 1151, as well as the support of BFCU members and employees." At a BFCU board meeting on Jan. 26, Kirk Kordelseski, executive vice president, was named to succeed Seitz as president/CEO of BFCU.
Seitz, president/CEO, Bethpage FCU retires
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