Juan (Tony) Molina was appointed the new president/CEO of the $163 million Palisades Federal Credit Union in Pearl River, N.Y.
“Tony is an extraordinary executive who will bring comprehensive operations and financial management experience to the credit union,” Greg Whalen, Palisades FCU board chair, said in a prepared statement Tuesday “We are confident he will bring a bright and prosperous future to Palisades Federal Credit Union as President/CEO.”
For the last ten years, Molina served as the chief financial officer for the $91 million Community Alliance Credit Union in Dearborn, Mich., where he managed staff and five departments. He oversaw and implemented several successful cost saving initiatives for the credit union. Molina also worked as a financial analyst with the $574 million Community Financial Credit Union in Plymouth, Mich.
He holds a Bachelor of Business Administration degree in finance from Western Michigan University and a Master of Science degree in Finance from Walsh College.
Chartered in 1941, Palisades serves more than 11,000 members.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
