New member appointed to state mortgage agency

December 22, 2008 12:47PM

David Paterson has appointed Bill Myers, founder of the Alternatives
Federal Credit Union, as a member of the board of directors at the
State of New York Mortgage Agency (SONYMA). SONYMA provides low-cost
residential mortgages to first-time homeowners in New York. Myers
founded the Alternatives Federal Credit Union in 1979 to provide
banking services to low-income families, and retired from the post last
year. “Bill brings first-hand experience as a lender committed to
helping individuals and families become responsible borrowers and
financially self-sufficient,” Priscilla Almodovar, president and CEO
of  SONYMA, said in a statement. “His background will further SONYMA’s
mission of promoting  successful home ownership for working families.”

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