CEO Whose Father Founded CU Announces Retirement Plans

OCEANSIDE, N.Y.–Joseph Garay, president and CEO of  Ocean Financial FCU here, has announced plans to retire.

Garay’s father founded the credit union in 1969 and he came of age learning the business. His father ran the organization for 22 years, before passing it over to his son in 1991, the $304-million credit union said.

“I was lucky enough to grow up in the credit union and be given an incredible opportunity to have a deeply rewarding career helping people with their financial needs,” Garay said. “We have built a great team and I am confident that Ocean Financial Federal Credit Union will continue having a positive impact on the lives of its members for many years to come.”

During his career Garay has been an active member of the Knights of Columbus in Oceanside, Oceanside Chamber of Commerce, and director of the New York State Credit Union League. Garay has been a Trustee at Catholic Charities of the Diocese of Rockville Center Inc since September 2017.

D. Hilton Associates has been retained to conduct the search for a successor.

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