(Media Release) VISIONS Federal Credit Union has announced the retirement of President/CEO, Mr. Frank E. Berrish, effective May 1, 2013.
Under the leadership of Mr. Berrish, VISIONS grew from a credit union that only served IBM employees and their families with $25 million in assets and three branches, to one of the largest financial institutions in our community.
Today, VISIONS’ assets total over $3.2 billion. The credit union serves approximately 158,000 members with 31 branches located throughout Central New York; portions of Rochester and Syracuse, NY; Northern Pennsylvania and Northern New Jersey. VISIONS is ranked the 39th largest U.S. credit union.
Mr. Berrish has donated thousands of hours to numerous organizations and served on many local boards. His priority of making our community a more viable place to live and work fielded his passion for economic development in the Southern Tier, Central, and Finger Lakes regions of New York.
He became a national leader in the credit union movement, serving on the Board of Directors for the National Association of Federal Credit Unions in Washington, D.C., and the Federal Reserve Board Thrift Institutions’ Advisory Board where he worked directly with Federal Reserve Chairman, Ben Bernanke. He was recently elected to the Credit Union House Hall of Leaders, in Washington, D.C.
Mr. Berrish’s successor is expected to be announced later this month.