Tony Molina appointed new CEO of Picatinny Federal Credit Union

DOVER, NJ (December 16, 2021) — Picatinny Federal Credit Union announces the appointment of Tony Molina as their CEO. Molina will assume the responsibilities on February 1, 2022, and will succeed Keith McCarthy, who is departing after over ten years with the organization.

Molina is a long-time resident of the area and looks forward to working in and with the local community. “I’m so excited and honored to be joining Picatinny Federal Credit Union. I want to thank the Board of Directors for the opportunity to be its next President/CEO. This is an exciting time for the credit union, and I am looking forward to the challenges and opportunities that will come as we grow. I also look forward to working with and getting to know the employees of Picatinny. ” said Molina.

Molina has served in the credit union industry for many years, most recently as Palisades Federal Credit Union CEO. Before leading Palisades, Molina served as CFO at Community Alliance Credit Union.

Joe Shiposh, Chair of the Board of Directors, shared, “The Board of Directors is excited to have Tony join our outstanding team. His skills, experience, and creativity are sure to have a thorough and far-reaching beneficial impact on our expanding credit union. We look forward to many years of continuous growth through his leadership and collaboration.”

Tony Molina

About Picatinny Federal Credit Union

As one of the largest credit unions in New Jersey, Picatinny Federal Credit Union cares about its family of members by offering financial solutions to help them achieve their goals and realize their dreams.  Picatinny offers a full array of electronic and in-person financial services to its over 18,000 members, with branch offices located in Denville, Mt. Olive, Parsippany, Picatinny Arsenal, and Rockaway, NJ.  Anyone who lives, works, worships, or goes to school in Morris County is eligible to join.


Joe Shiposh

Picatinny Federal Credit Union
Dover, NJ

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