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COCC elects two new board members

COCC welcomes newly chosen elections to the Board of Directors: President & CEOs of Maspeth Federal Savings and Loan Association and LUSO Federal Credit Union.

SOUTHINGTON, CT (January 24, 2023) — During the 2022 COCC Annual Shareholders’ Meeting in October, COCC proudly announced that Thomas K. Rudzewick, President & CEO of Maspeth Federal Savings and Loan Association, along with Jennifer M.G. Calheno, President & CEO of LUSO Federal Credit Union, have been elected to the Cooperative’s Board of Directors.

As a client focused and owned cooperative, COCC answers directly and solely to its clients. COCC’s profitability and growth is invested in technology to benefit our clients at the direction of our Board of Directors, which includes nine client CEOs from a variety of diverse financial institutions throughout our marketplace, as well as COCC’s Chairman and CEO, Richard A. Leone. “We are excited to bring two new members onto the Board, both with vast industry experience,” said Mr. Leone.

Mr. Rudzewick joined Maspeth Federal Savings as Vice President and Chief Lending Officer in 2000 and became President and CEO in 2016, growing the bank to $2 billion in assets and employing over 200 employees and six full-service branches in New York. As a member of our Board, he will serve on COCC’s Personnel and Governance Committees.

“Our industry will always be about service—that will never change—but customers will,” says Mr. Rudzewick. “I’m thrilled to expand my role at COCC as we continue to evolve the service we provide to people now and in the future.”

Ms. Calheno joined LUSO Federal Credit Union in 1990 and became its first CEO in 1997 and President in 2007, where she grew the credit union from $36 million in assets to $100 million during her initial seven years. The credit union is now $250 million in assets located in Ludlow, MA. Ms. Calheno will serve on COCC’s Risk & and Audit Committees.

“COCC has been our core technology partner going on 15 years, providing innovative technology services that benefit our members daily,” said Ms. Calheno. I am thoroughly impressed with their commitment to innovation and service and am honored to have been chosen to serve on the Board of Directors. I look forward to working alongside my fellow board members and the COCC executive team to continue their tradition of service and excellence within the financial industry.”

The newly chosen elections to the Board come in tandem with the retirement announcement of James W. Blake, CEO of HarborOne Bank, and Michael J. Pollock, President & CEO of Fulton Savings. Mr. Blake, having served on COCC’s Board since 2003, has been part of various roles on numerous committees over his tenure and most recently, since 2009, served as Chairman of the Risk Management Committee. Mr. Pollock served on COCC’s Board since October 2008 and as Chairman of the Personnel Committee since 2021. Over the years, both have provided respected insight and vision that have helped successfully guided the company.

“We express sincere gratitude for Mr. Blake’s and Mr. Pollock’s dedication and contributions to the company and wish them a happy and healthy retirement,” Mr. Leone concluded.


About COCC

COCC delivers the most comprehensive core partnership in the industry, combining a collaborative approach with the most highly adopted, feature-rich, modern standards-based core banking platform available. Its digital banking solution ensures that clients provide a rich and intuitive user experience, coupled with personalization driven by advanced machine learning models. Through extensive in-house development and using APIs to streamline innovative fintech integrations, COCC clients leverage a complete suite of modern financial technology solutions. COCC has been client-owned for over 50 years, acting as a partner with an unmatched focus on client service to help community banks and credit unions meet their unique and ever-changing needs. To learn more, visit www.cocc.com.

Contacts

COCC Communication
COCCcommunication@cocc.com

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