Palisades Federal Credit Union Announces the Winners of the 2009 George Hatala Scholarship

Palisades Federal Credit Union Announces the Winners of the 2009 George Hatala
Scholarship

PEARL RIVER, N.Y., June 29 /PRNewswire-USNewswire/ -- Palisades Federal Credit
Union announced the four winners of the 2009 George Hatala scholarship during
their annual meeting at the Comfort Inn in Nanuet, NY. Three of the winners
received Palisades' George Hatala scholarships in the amount of $750. The
fourth scholar received a $1,000 award from Palisades' George Hatala
scholarship and an additional $1,000 award from the New York State Credit
Union League, Inc. and Affiliates which brought the evenings total to $4,250
in scholarships.

Palisades' George Hatala scholarship was created to honor Mr. Hatala's
resilient efforts to improve the quality of life for everyone in Rockland
County, especially the youth. "It's a privilege to be able to invest in our
young members educational goals. We are proud of their dedication,
achievements and contributions," said Mark Welshoff, President and CEO of
Palisades Federal Credit Union.

Eligible scholarship applicants are college bound high school seniors who will
be attending college for the first time in the fall of 2009 and are members of
Palisades Federal Credit Union. Students were selected because of their
academic performance, extracurricular and community activities as well as an
essay based on the credit union industry's philosophy, "People helping
People".

The recipients and corresponding high schools represented are:
Richard Arietta Tappan Zee High School
Brandon Einstein Clarkstown North High School
Julian Fernandez Don Bosco Prep School
Brian McKeegan Northern Highlands Regional High School

About Palisades Federal Credit Union
Headquartered in Pearl River, N.Y., Palisades Federal Credit Union
(www.palisadesfcu.org), with over $147 Million is assets, is the largest
Rockland county based credit union. Palisades Federal Credit Union operates 3
branches and provides full service banking products and surcharge-free
access to over 34,000 ATMs to anyone who lives, works, studies, or
worships in Rockland County.

For a Photo of the scholarship winners and more information about
Palisades Federal Credit Union please visit www.palisadesfcu.org/newsroom.

Media Contact:
Michelle Hopkins
845.602.4737
mhopkins@palisadesfcu.org

SOURCE Palisades Federal Credit Union

Michelle Hopkins of Palisades Federal Credit Union, +1-845-602-4737,
mhopkins@palisadesfcu.org