Melrose Credit Union

Briarwood, NY

Melrose Credit Union was established in 1922 to provide financial resources for individuals and small business owners. Through the Credit Union, community residents were afforded the means to pursue their American Dreams. The credit union was placed into conservatorship early in 2017. The state said Melrose was run in an "unsafe and unsound" manner, a nod to its heavy taxi-loan portfolio. Founded in a s mall storefront in the Bronx, NYThe CU is now located in the Briarwood neighborhood in the New York City borough of Queens. It currently has $1.2 billion in assets, down from $1.9 billion just two years ago. Melrose Credit Union operates under the supervision of the New York State Department of Financial Services (DFS).

Relationships Interlocks Giving Data

Leadership & Staff

Alan S Kaufman Former CEO, treasurer and board member of New York City-based Melrose Credit Union

• CEO, treasurer and board member ('84→Jul 5 '16)

Board Members

Frank Horvat Chief Operating Officer, General Counsel - Melrose Credit Union

• COO, General Counsel (Jun '17→?)

Donations

Kathleen Rice U.S. Representative (2015-present) ; Former Nassau County District Attorney

• 1 contribution · 2,500 USD (Oct 26 '09)

Andrew Cuomo former governor of New York State

• 1 contribution · 1,000 USD (Sep 22 '09)

Robert J Rodriguez New York Assemblymember--Assembly District 68

• 2 contributions · 1,000 USD (Apr 23 '14→May 27 '15)

John J Flanagan New York State Senate Minority Leader

• 1 contribution · 1,000 USD (Jan 14 '16)

Micah Kellner Former NYS Assemblyman; did not seek re-election in 2014 in the wake of sexual harrassment allegations

• 1 contribution · 500 USD (Jan 11 '12)

Jeffrey Klein Lobbyist and former New York State Senator

• 1 contribution · 500 USD (Jun 19 '08)

Jose Peralta New York State Senator

• 1 contribution · 500 USD (May 8 '08)

Services & Transactions

Todd A. Higgins

• Service/Transaction