#United States #Board Governance #Jovia Financial Credit Union #Matthew T. McDonough #Westbury

Jovia Financial Credit Union Welcomes New Leadership

In a significant move reflecting its commitment to robust governance and strategic planning, Jovia Financial Credit Union has announced the appointment of Matthew T. McDonough, Esq. as the new Chairman of its Board of Directors. This transition marks an important step in the organization's evolution, as it continues to serve its members and drive sustainable growth.

New Leadership Structure

The recent board reorganization comprises a nine-member team that embraces diversity in skills and experiences, aimed at steering Jovia effectively into the future. Alongside Chairman McDonough, key appointments are as follows:

• - Victor Patino - First Vice Chair
• - George Zweier - Second Vice Chair
• - Dr. Ahmet Karagozoglu - Treasurer
• - Fred Schaefer - Secretary
• - Directors include: James Campbell, Kamille Wolff Dean, Michael Ippolito, and George Plevretes.

According to John A. Deieso, President and CEO of Jovia Financial Credit Union, this reorganization aligns with the ongoing commitment to effective governance while ensuring the board's strategies resonate with its mission and values. Deieso emphasizes the synergy between the new Board members and the Credit Union’s goals, stating, “The Board is deeply aligned with our mission, vision, and values.”

About Matthew T. McDonough

Matthew T. McDonough brings an extensive background in municipal law to his new role. As the founder of McDonough PLLC based in Babylon, NY, McDonough is acknowledged as a leading expert in navigating the complexities of municipal regulations. His impressive resume includes serving as a judicial law clerk for a New York State Supreme Court judge and holding several key leadership roles in various organizations such as the CEO of the Town of Babylon Industrial Development Agency and President of Wyandanch Rising, Inc.

An alumnus of New York University and the City University of New York School of Law, he possesses a Bachelor of Arts in Economics and a Juris Doctor. He has been an active part of Jovia's Board of Directors since 2017, succeeding George Plevretes, who held the chairmanship for over two decades. Under Plevretes’ guidance, Jovia achieved substantial milestones and laid the groundwork for its current trajectory of innovation and growth.

Jovia’s Commitment to Members

Expressing his enthusiasm in stepping into the role, McDonough stated, “I’m honored to take on this new role and collaborate with my fellow Board members and the executive leadership team.” His commitment resonates with Jovia's overarching mission to enhance the financial well-being and success of its members.

Jovia Financial Credit Union, headquartered in Westbury, New York, ranks among the nation’s top 100 credit unions, boasting over $4.5 billion in assets and serving more than 230,000 members across its 22 branches. Additionally, Jovia offers access to over 55,000 fee-free ATMs globally. Established over 85 years ago, the Credit Union prides itself on providing affordable financial services with a focus on low fees, member satisfaction, and innovation.

For more information about Jovia Financial Credit Union and enrollment processes, visit www.jovia.org or call 1-855-JOVIA4U.