What Happened?
Clark, NJ-based Aspire Federal Credit Union has Appointed Joseph Riccardo as Chief Information Officer
About the Company
Aspire Federal Credit Union, originally known as FAA Eastern Region Federal Credit Union, was founded in 1948 to serve a small group of Civil Aeronautics Administration employees (currently the Federal Aviation Administration). Our Credit Union has come a long way since those humble beginnings, which included seven people who pooled together shares of $5.00 each to initiate the original charter. Today, Aspire FCU is a $180 million dollar credit union, serving approximately 22,000 members within many diverse employee groups throughout the northeastern United States. Aspire FCU is a not-for-profit financial cooperative, which means all earnings at the end of the year are returned to our members in the form of better, low-cost financial services. The decision to change our name to Aspire Federal Credit Union was made because we serve more than just the employees of the Federal Aviation Administration. The name Aspire means to “soar,” which is a reflection of our heritage, while at the same time represents our members’ dreams and aspirations. As our tag line states: “Your Dream. Our Purpose.” The employees at Aspire FCU are dedicated to helping make your financial goals and dreams a reality. The cornerstone of our existence continues to be our “member first” philosophy. Whatever it is that you aspire to do, we want you to believe you can get there and we’re going to help you along the way.
About the Person
Joseph Riccardo comes to Aspire with a background in managing core conversion projects as well as formerly serving as Product Line Executive at Fiserv Advantage, Aspire’s current core processor. His in-depth knowledge of core technology and his background in working with credit union clients for over 12 years will prove invaluable as he manages Aspire’s upcoming core conversion.
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