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New York Credit Union Announces Annual Scholarship Winners


June 26, 2012 - Pearl River, NY

Palisades Federal Credit Union, the largest Rockland County based Credit Union, announced five recipients of their annual George Hatala scholarship. Scholarships were presented at the Credit Union's annual meeting at the Comfort Inn in Nanuet, NY. Two of the five scholars also received scholarships from the Rockland and Westchester Credit Union chapter and one of these students was the first place winner of the New York State Credit Union League scholarship. Combined the eight awards brought the evenings total to $4,500 in scholarships.

Palisades' George Hatala scholarship was created to honor Mr. Hatala's resilient efforts to improve the quality of life for everyone in Rockland County, especially the youth. "We admire the dedication, achievement and contributions of these young, talented students," said Mark Welshoff, President and CEO of Palisades Federal Credit Union. "They are ambitious, hard-working and pursuing a wide spectrum of goals and paths."

Eligible scholarship applicants were college bound high school seniors who will be attending college for the first time in the fall of 2012 and are members of the Rockland County based Credit Union. Scholars were selected because of their academic performance, extracurricular and community activities and a written essay based on the Credit Union industry's philosophy, "People helping People".

The recipients and corresponding high schools represented are:


Maria Kohlbrenner Pearl River High School
Joval Mathew Tappan Zee High School
Neal Patel Tappan Zee High School
Megan Ryan Clarkstown High School
Pallavi Tatapudi Suffern High School

"We are pleased to award these scholarships to some of our brightest high school students," said Anthony Pili, VP of Sales and Marketing for the NY Credit Union. "By supporting the next generation of great minds, we pay tribute to George and his vision."

About Palisades Federal Credit Union
Headquartered in Pearl River, NY, Palisades Federal Credit Union (www.palisadesfcu.org), with more than $150 Million in assets, is the largest Rockland County based Credit Union. The New York Credit Union operates 4 branches and provides full service banking products and surcharge-free access to over 40,000 ATMs nationwide. Credit union membership, credit union loans and credit union credit cards are open to anyone who lives, works, studies, or worships in Rockland County, NY.

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Media Contact:
Anthony Pili
845.664.6100
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