HARRISBURG, Penn./HIGHTSTOWN, N.J.–The new CrossState Credit Union Association has elected its first-ever board chair and vice chair.
The association represents the merged Pennsylvania Credit Union Association and New Jersey Credit Union League and officially began operating Jan. 1.
The new board has elected Rick Stipa, CEO of TruMark Financial Credit Union in Pennsylvania, as chair, and Andrew Jaeger, CEO of Credit Union of New Jersey as vice chair. Each has been elected to a one-year term and may serve two consecutive terms. When the chair is from Pennsylvania, the vice chair will be from New Jersey and vice versa, the association said.
“As we enter 2020, we are extremely excited to move forward in both Pennsylvania and New Jersey,” said Stipa. “I commend the CrossState board and team for all the great work positioning us to move forward in serving both New Jersey and Pennsylvania credit unions.”
The CrossState Credit Union Association now represents 519 credit unions in Pennsylvania and New Jersey with more than $63 billion in assets.