News & Updates

1166 FCU Extends a Warm Welcome to Its Newest Board Member: Oliver Ayon

1166 FCU is thrilled to announce the addition of  its newest board member, Mr. Oliver JJ. Ayon, a position he graciously accepted on October 24th, 2023. Oliver is head of Stern & Eisenberg’s Compliance Department, serving as the Chief Compliance Officer. Oliver’s career took off within the default industry in 2006 where he served as […]

1166 FCU Charter Change

1166 FCU charter change removes its restriction to serve those affiliated as select employers only and approves it to serve more than 1.5 million additional members. This charter change is a result from the National Credit Union Associations’ approval of the credit union’s Strategic Planning Committee’s application to increase the size and scope of its […]

Closing the Wealth Gap: Credit Union Expands Services for Tri-State’s Underbanked Population

Members of unbanked households often cite a distrust of banks as a primary reason for not having a bank account. The alternative for these individuals is costly products such as check cashing services and payday loans that perpetuate a cycle of debt. The credit union!s vision is to empower financial success by eliminating the fear […]