Take a stroll down Main Street in New City and you’ll get a clear picture of the banking scene in Rockland County. Here you’ll find virtually every bank doing business in the county, from the single Rockland branch of Hudson City Bank to giants like HSBC, Commerce, and Chase, to local stalwarts USB (soon to be Key Bank) and Provident, and even an upstart credit union, Palisades Federal Credit Union, which opened its first retail office in 17 years on Main Street in March. This veritable “bankers row” is, of course, sprinkled with financial investment firms, lawyers, and accountants, as well, offering something for everyone. “Everybody’s there,” agrees Mark Welshoff, President/CEO of Palisades Federal Credit Union, which just opened its first retail storefront on the strip. “Nearly every bank in Rockland has a location in New City.” (read more)

He might have become a stand-up comedian but for a fortuitous turn in the road right after college, but ask Mark Welshoff, President/CEO of Palisades Federal Credit Union about his mission and the answer is no laughing matter. As head of one of Rockland County’s largest credit unions, his mission is to help people by providing quality financial services, products and expertise at lower cost. (read more)