Board Of Directors & Annual Reports

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A Note from Our President

Dear members,

It is my privilege to serve you, our member-owners, as The Summit Federal Credit Union’s new President and CEO. All of us here at The Summit work for you and are dedicated to you, and we’re excited to carry on our mission to make your lives better and help you reach your financial goals.

Your needs are the guideposts we use to make every decision and action. We listen closely so that we can continually provide a positive experience for you. Our priority is to earn your trust each day, bringing you the most up-to-date, relevant services and products, and providing the friendly, personal attention for which we are known.

If you are not yet a member of The Summit, please take a look at our website to learn more about us, call our Member Service Center at (585) 453-7000 or (800) 836-7328, or come into any branch and speak to one of us in person. Or join today.

Thank you for being a member of our family, and for the opportunity to serve you.

Laurie Baker
President and CEO

Board of Directors

Our Board of Directors is a diverse team of volunteers who live and work throughout New York State from Buffalo to Syracuse and everywhere in between. They are lawyers, professors, agency presidents and community members. They provide knowledge and leadership to keep us focused on our members and our mission.

2017 Board of Directors in no particular order

Current Board Members

EXECUTIVE

  • Chris Modesti, Chair
  • Thomas B. Quirk, Vice Chair
  • Augustin Melendez, Vice Chair
  • Kofi Appiah Okyere, Treasurer
  • Daryl Wolf, Secretary

DIRECTORS

  • Clarence “Chip” Turner
  • Elizabeth A. Dudman
  • Gerald K. Gebauer
  • Sarah Sorensen
  • William A. Reifsteck
  • Kate Sweeney

ASSOCIATE BOARD MEMBER

  • Mollene Benison

Board Election News 2021

Each year, the terms of several Summit Board Members expire and a Nominating Committee, comprised of Summit members, is formed to nominate members for the Board of Directors. This year, the Committee has nominated the following individuals:

Elizabeth A. Dudman

Ms. Dudman has served on the Board of Directors since 1994. She served as Vice Chairperson of the Board from 1996-1999, was elected Chairperson in 1999 and served in that capacity for 3 years. She is currently a member of the Board Governance Committee and has previously served on the Compensation and Legislative Committees.

Ms. Dudman is employed at the University of Rochester as the Director of Real Estate Services. Prior to that, she worked for Wegmans Food Markets. 

In addition to her volunteer activities at The Summit, Ms. Dudman has participated on the Couples for Kids Golf Committee for the Rochester Chapter of the American Red Cross.

She resides in Penfield, New York with her husband and family.

Sarah Sorensen

Ms. Sorensen has served on the Board of Directors since 2001, was the Vice Chair of the Board from 2008 through 2016 and currently serves on the Policy Committee. She was a member of the Nominating Committee from 1994 through 2001 and its Chair from 2000 to 2001. She was also Chair of the Financial Education Committee from 2004 to 2010. In 2016 and 2017 she was a Speaker at the CU conference on Managing Risks discussing Business Continuity Planning for Credit Unions.

Ms. Sorensen is an Assistant Vice President- Senior Legal Counsel at AT&T Inc. Prior to AT&T; she was Assistant Corporate Counsel at ACC Corp. She holds a J. D. from the State University of New York at Buffalo Law School.

Augustin Melendez

Mr. Melendez has served on the Board of Directors since 2006.  He also was the Treasurer from 2009 – 2011 and currently serves as Vice Chair of the Board, a member of the Executive Committee as well as the Pension Committee. He also served on the CUSO Board from 2000 to 2005 and on the Financial Education Committee from 2004 to 2010.

Mr. Melendez is currently the Chief HROD Officer for the Hillside Family of Agencies, a position has held since August 2018. Prior to that, he was named president of Hillside Work-Scholarship Connection (HW-SC) in March 2013. He worked at Eastman Kodak Company for over 13 years in various HR leadership roles which included Global Chief Diversity Officer/ Corporate Officer, as well as VP/HR for Global Manufacturing.

Mr. Melendez volunteers his time in the community on numerous boards and committees. He currently serves on the Board of Directors /Executive Committee and HR committee at Episcopal Senior Living and previous Board positions at the United Way, PRYD and Leadership Rochester, where he was a founding member. He also currently serves on the Finger Lakes Regional Economic Development Board as appointed by Governor Cuomo.  In 2001, he was named the Hispanic Business Person of the Year by the Rochester Hispanic Business Association.

He holds a B.S. in business administration and economics and a B.A. in speech and communications from Wagner College, as well as an M.S. in human resources and development from St. John Fisher College.

Augustin and Linda Melendez live in Webster.


Guidelines

Under guidelines specified by the National Credit Union Administration (NCUA), members interested in petitioning to run for a volunteer position on the Board of Directors may do so by complying with these procedures:
1. A Volunteer Nomination Certificate and Petition must be signed by 500 members. Signatures must be legible and include the member’s account number.
2. Please include your resume with your petition.
3. Petitions must be received by February 12, 2021, and sent to Daryl Wolf, The Summit FCU, Canal Ponds Business Park, 100 Marina Drive, Rochester, NY 14626.
4. The election will not be conduction by ballot and there will be no nominations from the floor when the number of nominees equals the number of positions filled.


Supervisory Committee

The Supervisory Committee is a five-member committee of volunteer members who are appointed by The Summit Federal Credit Union’s Board of Directors. The committee works independently of the credit union’s management overseeing the work of internal and external auditors, and is responsible for ensuring that member assets are adequately safeguarded, accurate records are maintained, and proper business practices are followed.

In addition, reviewing and resolving member complaints that cannot be rectified through normal channels is another responsibility of the Supervisory Committee. However, most issues can be resolved efficiently by credit union staff in the branches, or through email at mservice@summitfcu.org or at (585) 453-7000 or (800) 836-SFCU.

If you are unable to resolve an issue or discrepancy in your account through normal channels, you may contact the Supervisory Committee at PO Box 26477, Rochester, NY 14626, Attn: Supervisory Committee.


Annual Reports

For more insight on our operations, feel free to review our current and past Annual Reports.