DATE: November 3, 2003
Joseph Coleman and Brian Satisky Named Check Cashers of the Year
by FiSCA and Cheklist Magazine
COLORADO SPRINGS, COLORADO – Joseph Coleman,
president of RiteCheck Cashing Inc. in New York, and Brian Satisky, vice
president and co-owner of A&B Check Cashing in Baltimore, were named
co-recipients of the Check Casher of the Year award given by the
Financial Service Centers of America (FiSCA) and Cheklist magazine at
FiSCA’s National Conference and Exposition held last weekend in
Colorado Springs, Colorado.
Coleman and Satisky were awarded for their innovative and highly
successful partnerships with local credit unions, bringing much-needed
financial products and services to underserved communities.
“Joe Coleman and Brian Satisky are leaders and
innovators, moving our industry forward with exciting programs that
benefit consumers,” said William Siegel, chairman of FiSCA.
“These groundbreaking partnerships with credit unions demonstrate
how the infrastructure built by FiSCA members can be used to improve
access to financial services and increase options for
communities.”
Joe Coleman and RiteCheck partnered with two credit unions in New
York City - the $72 million Actors Federal Credit Union and the $100
million Bethex Federal Credit Union – to allow credit union
members to make deposits to the credit union accounts through
RiteCheck’s check cashing locations.
“Our partnerships with Actors and Bethex give people
much-needed options,” said Coleman. “The products offered by
credit unions are attractive to our customers. The convenient locations
and hours of operation of our stores are convenient to credit union
customers. This partnership works because both organizations and our
customers benefit.”
Brian Satisky and A&B Check Cashers partnered with the Social
Security Administration of Baltimore Federal Credit Union and Operation
Reachout Southwest, a local community action organization, to launch
“Our Money Place.” The program brings financial products and
services to underserved consumers.
“Although many banks have abandoned neighborhoods, FiSCA
members have found a good partner in local credit unions,” said
Satisky. “This partnership works because it benefits both
entities, but more importantly benefits consumers. We’ve
worked really hard to nurture our relationship with the SSA Baltimore
Federal Credit Union and I could not be prouder of what we’ve
accomplished.”
Mr. Coleman, a member of the FiSCA Board of Directors, is also an
active member of the Check Cashers Association of New York
(CCANY). Since 1990, he has served CCANY in several capacities,
including secretary, treasurer, president, chairman of the Strategic
Planning Committee and chairman of the Joint Industry Committee.
Mr. Satisky has been in the check cashing business for 25 years and
has served the industry as a member of the FiSCA Board of Directors and
as president of the Maryland Association of Financial Service Centers
for the last decade.
FiSCA is a national trade association founded in 1987. The
organization is the leading voice of the check cashing industry,
representing more than 5,000 members. FiSCA members provide check
cashing, money orders, electronic bill payments, money wire transfers,
automatic teller machine access, government benefit and payroll
payments, deferred deposit services, electronic tax preparation, prepaid
debit cards, deposit acceptance services, public transportation fare and
token sales, motor vehicle license plate and title distribution, postage
stamp sales and numerous other services. For more information visit www.fisca.org.
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