VSECU, a not for profit financial cooperative for all Vermonters, recently announced the results of its member election for the credit union’s Board of Directors and Credit Committee.

Three incumbents were returned to the credit union’s board: M. Jerome Diamond, Todd Bailey and Judy P. Rosenstreich. New to the board is Jason Aldous of Randolph Center. Members also elected incumbent Helen M. Weed to the Credit Committee.

VSECU’s member-owners democratically control the credit union by exercising their right to vote for these non-compensated board positions. Over 6,000 members cast votes choosing from field of seven candidates. The candidates expressed their appreciation to the members for taking an active interest in the credit union.

Voting was open to all members who could cast their votes by paper or using the internet in the weeks leading up to the VSECU annual meeting, which was held on March 14.

VSECU’s Rutland Branch Office has moved and opened its doors for business on Dec. 12, 2011, at its new location at 72 Seward Road in Rutland Town, adjacent to Alderman’s Toyota.

The old VSECU branch located in the Asa Bloomer Building in downtown Rutland closed on Friday, Dec. 9. The ATM at the Asa Bloomer building is still onsite for cash withdrawals.

The new branch enables us to enhance service for our members, featuring a 24/7 ATM, drive-thru teller lanes and plenty of parking. In addition, the branch offers a coin counter and a community room for use by Rutland area organizations for meetings and small gatherings.

Gossens Bachman Architects of Montpelier designed the 4,300-square-foot office, and Russell Construction Services of Rutland was the contractor for the project. The new facility was built to meet environmental sustainability and energy conservation standards set by Leadership in Energy and Environmental Design (LEED), a third-party green certification system.

A grand opening and open house is planned for early 2012.

Hours of operation:
9:00 a.m.-5:00 p.m. Monday through Thursday
9:00 a.m.-6:00 p.m. Friday
9:00 a.m.-1:00 p.m. Saturday

Drive-thru hours:
8:00 a.m.-5:00 p.m. Monday through Thursday
8:00 a.m.-6:00 p.m. Friday
9:00 a.m.-12:45 p.m. Saturday

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VSECU Helps Project Independence of Barre Buy New Building

They call their new, renovated office and adult day care center the “P.I. Palace.” With the lyrics of “Downtown,” the 1960s hit by Petula Clark, as their theme, staff, participants, supporters and friends of Project Independence of Barre gathered to celebrate the new center at 81 N. Main St., Barre, at an open house and ribbon cutting ceremony on Oct. 20.

Serving central Vermonters since 1975, Project Independence is a non-profit adult day service for elderly and disabled adults who wish to stay in their own homes versus nursing homes or residential care facilities. PI offers health services and activities to stimulate physical and mental well-being. In addition, the service provides caregivers respite so that they can take a break to attend to personal needs or just to rest or relax. PI draws from 18 towns in Washington and northern Orange counties, currently serving a total of 108 clients each month.

The new, larger center will allow PI to expand to meet a growing demand for adult day services. The new center boasts a spacious, well-lit recreation area, commercial-grade kitchen, shower and restroom facilities to accommodate the disabled, physical therapy room and more. Dee Rollins, PI’s executive director, says the downtown location makes the center more accessible to clients and closer to other services.

According to Rollins, when looking for financing for the new center, she called a number of local financial institutions, but she said VSECU was the only one that responded with an offer of help. She and Scott Nichols of VBiz, VSECU’s business services department, worked closely together to construct a loan that would meet their needs.

“VSECU and VBiz were proud to partner with PI to make this dream become a reality” Nichols said. “PI has an excellent staff and receives great support from the community it serves. At VSECU, our focus is on small businesses and non-profits just like PI.”

The Project Independence open house also kicked off their Capital Campaign, a two-year fundraiser. For more about Project Independence, visit www.pibarre.org.

Photos:

(Top): (left to right) Sen. Bill Doyle; Kathy Town, secretary-PI Board of Directors; Dee Rollins, PI executive director; Linda Kuban, PI assistant executive director; Steve Koenemann, president-PI Board of Directors; and Scott Nichols, VSECU’s VBiz, join in open house festivities of the “P.I. Palace.” Koenemann is vice-president-information officer at VSECU, and Town is a long-time employee of VSECU, currently working in the Information Systems department.

(Center): Dee Rollins, PI executive director, and Steve Koenemann, president of PI’s Board of Directors, share the scissors following the ribbon cutting ceremony.

(Bottom): Scott Nichols, business services advisor with VBiz, VSECU’s business services for nonprofits and small businesses, addresses the audience at the PI open house.

In response to growing environmental concerns, Home Share Now is expanding its mission to include live-in matches for individuals motivated by “green” concerns.

Welcome to VSECU’s new Waterbury Branch Manager!

VSECU is pleased to introduce Don Fair as the new manager at our Waterbury Branch. Although Don is new to the branch office, he is not new to VSECU. For four years, Don has been the manager of our Call Center.

“Moving to the Waterbury Branch gives me the opportunity to really get to know the members,” Don says. “Because the Waterbury branch is so small, it has a ‘family’ feel. I look forward to working with members one-on-one to help them with their financial needs.”

Prior to coming to VSECU, Don worked for 13 years for National Life in Montpelier, where he held various management positions. Don is an avid outdoors-man and a trustee of the Barre Fish and Game Club. A native Vermonter, Don lives with his wife Renee and three children in Calais.

VSECU Names Chuck Karparis to New Management Position

With its recent expansion to serve Vermonters statewide, VSECU has restructured its senior management team naming Chuck Karparis to a newly created position, Vice President-Lending Officer. In his new position, Karparis will direct consumer lending operations, mortgage originations, asset recovery and commercial business through VBiz, VSECU’s business services for small businesses and nonprofits.

Prior to assuming his new role, Karparis was VSECU’s Vice President-Retail Officer where he managed both consumer and commercial retail activities. Jeffrey Goff, Claremont, N.H., was recently hired as the new Vice President-Retail Officer and will focus solely on consumer retail, sales and member services.

Active in the community, Karparis has been the mayor of Montpelier and currently is a trustee of the Montpelier Foundation, treasurer of the Central Vermont Community Land Trust and a member of the Montpelier Rotary Club. Karparis and his wife Tina live in Montpelier.

VSECU is a not-for-profit financial cooperative, which offers a full range of affordable financial products and services to its member owners. People eligible to join the credit union include everybody who lives or works in Vermont. For more information about VSECU, call 802/800 371-5162 or visit www.vsecu.com.

VSECU Welcomes Joe Rodolfy to Mortgage Department

VSECU is pleased to announce the addition of Joe Rodolfy as mortgage originator in its Rutland Branch, 88 Merchants Row. Joe brings with him more than 20 years of mortgage lending experience in the Rutland area. He is well prepared to assist all types of borrowers who live or work in Vermont, from the first-time homebuyer to the homeowner looking for a retirement home. In addition to Rutland County, Rodolfy will assist homebuyers in Windsor, Windham, Bennington and southern Addison counties.

Active in the Rutland community, Rodolfy is a longtime member of the Rotary Club of Rutland and an affiliate member of the Rutland County Board of Realtors. Joe also has served as a school director from Mendon on the Barstow School Board and as a board member of the Rutland Amateur Hockey Association and the Rutland Regional Field House. Joe lives in Mendon with his wife Deborah and his two college-age children.

VSECU is a not-for-profit financial cooperative, which offers a full range of affordable financial products and services to its member owners. People eligible to join the credit union include everybody who lives or works in Vermont. For more information about VSECU, call 802/800 371-5162 or visit www.vsecu.com.