McDonough Leads Jovia Financial Credit Union with Board Reshuffle

Company - People | May 27, 2025 | EIN

McDonough Leads Jovia Financial Credit Union with Board Reshuffle

Jovia Financial Credit Union, recognized as one of the top 100 credit unions in the U.S., has appointed Matthew T. McDonough, Esq., as the new Chairman of its Board of Directors, as part of a broader board reorganization strategy. This move underscores Jovia's commitment to robust governance and strategic growth. McDonough, who has been a board member since 2017, brings extensive legal and municipal experience to the role. His predecessor, George Plevretes, served as Chairman for over two decades, during which the credit union achieved several milestones. Jovia Financial, headquartered in Westbury, New York, continues to offer competitive financial services, emphasizing innovation and value to its members.

Sectors

  • Banking & Finance
  • Corporate Governance

Geography

  • United States – The article is set in the United States, specifically focusing on Jovia Financial Credit Union headquartered in Westbury, New York.
  • New York – Jovia Financial Credit Union and the new Chairman, Matthew T. McDonough, are both based in New York, making it a primary geographical focus.

Industry

  • Banking & Finance – The article is centered on Jovia Financial Credit Union, a leading financial institution focused on providing financial services.
  • Corporate Governance – The article discusses leadership changes and board reorganization at Jovia Financial Credit Union, highlighting corporate governance practices.

Financials

  • $4.5 billion – The assets held by Jovia Financial Credit Union, indicating its financial size and capability.

Participants

NameRoleTypeDescription
Jovia Financial Credit UnionTarget CompanyCompanyJovia Financial Credit Union is one of the nation's top 100 credit unions, offering financial services with over $4.5 billion in assets.
Matthew T. McDonoughNew ChairmanPersonAn experienced attorney in municipal law, McDonough has been appointed as the new Chairman of Jovia Financial Credit Union's Board.
George PlevretesFormer ChairmanPersonGeorge Plevretes served as Chairman of Jovia Financial Credit Union for over 20 years, leading significant achievements for the credit union.
PMG Strategic, Inc.PR AgencyCompanyGary Cucchi, from PMG Strategic, Inc., is mentioned as a contact for more information about the press release.