NEW YORK STATE CHARTERED CREDIT UNIONS - PROGRESSIVE CREDIT UNION
131 WEST 33RD STREET 7TH FL, NEW YORK, NY 10001 www.penfed.org

Total Revenue
$22,308,982
Total Expenses
$160,107,333
Net Assets
$0

Organizations Filed Purposes: PROGRESSIVE CREDIT UNION IS CHARTERED UNDER THE NEW YORK BANKING LAW. THE ORGANIZATION IS A COOPERATIVE INSTITUTION & EXISTS FOR THE FINANCIAL SRVCS. BENEFIT OF ITS MEMBERS.

PROGRESSIVE CREDIT UNION RECEIVED ITS CHARTER IN 1918 FROM THE STATE OF NEW YORK. AT DECEMBER 31, 2018 IT HAD 2,821 MEMBERS HAVING APPROXIMATELY $242,052,000 IN SHARES, SHARE DRAFTS AND SHARE CERTIFICATES ON DEPOSIT WITH THE CREDIT UNION. IN 2018 THE CREDIT UNION GRANTED APPROXIMATELY $19,788,000 IN NEW LOANS, WHICH INCLUDED LOANS FOR THE PURCHASE OF PREVIOUSLY FORECLOSED TAXI MEDALLIONS IN NEW YORK, NEWARK, CHICAGO PHILADELPHIA, ATLANTA, MIAMI, AND BOSTON, AND THE MODIFICATION OF EXISTING TAXI MEDALLION LOANS. THE CREDIT UNION ALSO GRANTS LOANS TO FINANCE COMMERCIAL PROPERTIES AND RESIDENTIAL MORTGAGES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Robert A FamilantCEO/TREASURER37.5$1,927,411
Mark Entin From 118CHIEF OPERATING OFFICER37.5$231,730
Joseph AnconaCHIEF CREDIT OFFICER37.5$198,762
Emily OamiSENIOR ADVISOR37.5$185,077
Rita RyanCHIEF LENDING OFFICER37.5$170,950
Rocco Sabino From 118CHIEF FINANCIAL OFFICER37.5$164,904
David KoshersGENERAL COUNSEL37.5$163,942
Luke ParrisDIRECTOR OF LENDING/PART.37.5$136,907
John MasulloSENIOR ACCOUNTANT37.5$125,363
Dwayne LeverettDIR., COMMERICAL REAL ESTATE37.5$124,962
Brian WorkmanDIRECTOR1$0
Deborah ChassenSECRETARY1$0
Gerald ShulmanVICE PRESIDENT1$0
Joel SlomonPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202000319349300440_public.xml