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Rochester welcomes new credit union

The grand opening of Lexington Federal Credit Union’s new branch at 762 Joseph Ave., was celebrated Wednesday by CEO Charles I. Casaceli and local officials.

Originally established to serve the employees of Rochester Products (now GM Component Holding) in 1956, Lexington FCU received a charter expansion in 2002 to include people who live or work in Rochester.

The new branch is the second location for Lexington. Following the announcement that the First Niagara branch at this location was slated to be closed last spring, City Council President Lovely Warren, who represents the North East District; the city’s Department of Neighborhood and Business Development; and members of the Joseph Avenue Business Association worked with the bank to find a new owner to continue providing banking services at the location.

The city provided a $30,000 grant for the project to help pay for new equipment.

Officials also included Mayor Thomas S. Richards, Neighborhood and Business Development Commissioner R. Carlos Carballada, state Sen. Joseph E. Robach and Suzanne Nasipak-Chapman, Rochester Market Executive of First Niagara Financial Group.