Ground Breaking Ceremony for the New Operations Center in Corinth

Corinth, NY (September 19): Hudson River Community Credit Union (HRCCU) held a Groundbreaking Ceremony for their new Operations Center on Wednesday, September 28, 2011 at 3:30 p.m. at the site located on the grounds of the International Paper Company plant, 5th Avenue, Corinth, NY. The $3 million, two-story, 16,700 square foot Operations Center will be built on a 10 acre portion of the existing International Paper Company property.

The new building will house most of HRCCU’s operational staff. Construction will begin in the fall of 2011 with completion of the building slated for the fall of 2012. F.H. Alexander, Inc. of Ballston Lake, NY has been selected as the general contractor for the project based on their experience and reputation as well as their commitment to tap local market resources.

“We are very excited to get this project underway,” says Susan Commanda, HRCCU CEO. “This is an important occasion for the credit union. HRCCU’s roots are in Corinth. The credit union was chartered by a group of International Paper Company employees in 1954. We are thrilled to be able to keep our main headquarters in the community that not only gave us our start, but whose strong support has been a major contributing factor to the credit union’s continued success.”

HRCCU Board of Directors and Supervisory Committee Break Ground on the site of the new Operations Center in Corinth, NY. L to R: Harold Jones, Director; Don Briner, Past President and Associate Director; Carol Ann Pacco-Long, Treasurer, Board of Directors; Margaret Foote, Director; Margaret Rabida, Director; Charles Pasquarell III, Vice President, Board of Directors; Sue Commanda, CEO; Stuart Field, President, Board of Directors; Gary Grady, Supervisory Committee.

HRCCU 2011 Board of Directors and Supervisory Committee

Front Row L - R: Donald Briner, Past President and Associate Director; Margaret Rabida, Director; Margaret Foote, Director; Charles Pasquarell, III, Vice President; Carol Ann Pacco-Long, Treasurer; Susan Commanda, HRCCU CEO.  Back Row L-R:  Gary Grady, Supervisory Committee; Tom Uncher, Director; Mike Niles, Supervisory Committee Chair; Stuart Field, President; Harold Jones, Director.  Absent: Dino Rosati, Supervisory Committee.

Brief History of HRCCU and Board Presidents

Hudson River IPCO FCU was chartered in 1954 by employees of International Paper Company, Hudson River Mill, Corinth, New York.  Hudson River Credit Union became a New York State chartered credit union in March 1998. In September 2003 it received approval to expand membership eligibility from multi-occupational to community.  Hence, anyone who lives, works, worships, attends school or businesses and other legal entities located within Saratoga, Warren, Washington and Rensselaer counties or the Towns of Cohoes, Watervliet and Green Island is eligible to join.  In 2004, the credit union changed it's name to reflect the new charter to Hudson River Community Credit Union.    

Past and Present Board Presidents