Our Board of Directors

About Us

Mission Statement

FRFCU Foundation



Financial Forum

Are you interested in making a difference in your Credit Union?

If so, now is the time as we are looking for members to join our Board of Directors and Supervisory Committee.

Our Credit Union has grown considerably over the years now with more than 20,000 members and more than $550 million in total assets. We are seeking members who are interested in creating meaningful impact and helping to continue our long history of delivering quality financial products and services to meet the needs of our growing and diverse member base.

If you have the time and motivation and want to make a difference in people’s lives we welcome you to consider filling a board or committee member seat with the Credit Union.

Some Insight to Duties and Responsibilities

The Role of the Board of Directors:

As the principal leadership body for Financial Resources the Board of Directors supports and provides mission based leadership and strategic governance. This includes guiding the organization to fulfill its purpose; setting policies which guide the affairs of the Credit Union; and ensuring the proper implementation of policies in accordance with the Credit Union’s charter, bylaws, federal and state laws, sound business practices and membership interests.

The Role of the Supervisory Committee:

The primary role for the Supervisory Committee is to oversee the auditing activities of the Credit Union designed to ensure the financial condition of the Credit Union is accurately presented; to verify whether internal controls, policies and procedures are adequate and are being properly maintained and followed; and to monitor the performance of elected officials carrying out the duties for which they are responsible.

Our Board of Directors

A seven-member volunteer Board of Directors elected by the general membership governs Financial Resources. In turn, the Board gives direction to the Credit Union’s executive management team, which is responsible for the institution’s day-to-day operations.

Meet our Board

Sam Pagano

Sam Pagano, Chairman

Sam was appointed to the Board in 2009 after serving as a Member of the Supervisory Committee since 2006.

Sam has been a Credit Union member since 1976 when he first started his employment at Ethicon, Inc. He has remained at Ethicon holding various positions of increased responsibility in Operations and Procurement until his retirement in July 2011.

Sam is a graduate of Temple University and former member of the Board of Directors for the Center for Educational Advancement in Flemington, NJ, serving two years as Chairman. Sam resides in Richboro, PA with his wife. They have two daughters and one grandson.

Bob Van Caneghan

Robert J. VanCaneghan, Vice Chairman

Since 2000, Bob has served as Board member of Financial Resources CUSO, LLC, the wholly owned subsidiary of the Credit Union offering insurance services and has been a Credit Union member since 2000.

Bob retired after 25 years of service as an Equity and Options Trader for A.G. Becker and Co. and Miceli-VanCaneghan and Co. as partner in one of the largest specialist market makers on the floor of the American Stock Exchange, during which time he served as Member of the stock exchange’s Board of Governors.

Bob received a Bachelor of Science degree in Economics from Wagner College, an MBA degree in Finance from New York University, and a Juris Doctor Degree from Brooklyn Law School. He was admitted to the New York State Bar in 1979.

Bob serves as a Board Member of the Staten Island March of Dimes and Energy Exploration Technologies in Calgary, Canada, and is a former member of the Cardinal’s Committee of the Diocese of New York. He resides in Staten Island, NY with his wife.

Bob Graczyk

Robert Graczyk, Treasurer

Bob has been a Credit Union member since 2009 and was appointed to the Board in 2010. Bob is currently employed as Vice President Human Resources for Quick Chek Corporation in Whitehouse, New Jersey. He had previously been employed as Manager Human Resources, Retail, for Amerada Hess Corporation and with The Southland Corporation, owner and operators of Seven Eleven Stores in various Human Resources and Retail Operations positions.

After completing four years active duty in the Navy, Bob attended George Mason University where he graduated in 1978 with a Bachelor’s Degree in Business Administration. He earned his MBA from Lehigh University in 1985 and his MS in Human Resource Management from Saint Joseph’s University in 2007. He also holds the SPHR certification from the Society of Human Resource Management.

Bob retired from the US Naval Reserves as a Commander in 2004. He lives with his wife, Terrie, in Wescosville, PA. They have two grown children and 3 grandchildren.

Ed Bobertz

Edward Bobertz, Secretary

Ed was appointed to the Board in June 2013 after serving as a Member of the Supervisory Committee for five years. Ed graduated in 1974 from Wake Forest University. In June 2012 he retired from J&J after 30 years of service, the last 12 at Ethicon, Inc. Ed lives in Clark, NJ and has two grown children, Meghan and Matthew and two grandsons, Oliver and Hudson.

Sandra Harris

Sandra L. Harris, Director

Sandra was appointed to the Board in May 2013 after serving as an Associate Director since January 2013. She owns an art consultancy firm, Creekside Art Services, which provides appraisal services to art collectors.

Sandra most recently was the Senior Vice President of Business Development and Organizational Effectiveness at Independent Sector, a nonprofit membership and advocacy organization. During her tenure she was responsible for revenue generating operations including building leasing, membership retention and acquisition, and conference management. Previously she was Director of Administrative Services at the Ford Foundation in Manhattan. Sandra earned her BA at Brown University and her MBA at Rutgers University.

david hildebrand

David Hildebrand, Director

David was appointed to the Board in April 2014. Prior to his appointment in March 2014 as Associate Director, He was Chairperson of the Supervisory Committee since 2010.

David is currently a Global Category Manager R&D/QA Procurement for the J&J Consumer Companies. He has been with Johnson & Johnson for 22 years spanning all 3 sectors and holds a six sigma Master Black Belt (MBB) certification, which is a mark of career excellence.

David holds a BSc in Chemistry and minor in Biology from the State University of NY. He resides with his wife Nikki, and three daughters in Doylestown.

Maria Agresta

Maria Agresta, Director

Maria was appointed to the Board in April 2017. Prior to her appointment, Maria served as Chairperson of the Supervisory Committee since 2014. She joined the Supervisory Committee in 2011.

Maria is currently a Director at J&J Pharma for Risk Management. She has been with Johnson & Johnson since 1986 spanning 2 sectors with experience in Research and Development, Supply Chain, Quality Controls & Compliance, and Quality Systems. Maria holds a BSc in Chemistry and minor in Psychology. She resides with her husband David in Lansdale PA and they have two grown children, Jessica and Zachary.

Associate Directors

Betsy Lane

Betsy Lane

Betsy has been a credit union member since the mid-1990s. She is currently senior director and chief marketing and communications officer of ISPOR—The Professional Society for Health Economics and Outcomes Research (HEOR), a global healthcare nonprofit with the mission to improve healthcare decisions by advancing excellence in the field of HEOR.

Previously, Betsy was senior vice president of marketing and communications for Publicis Touchpoint Solutions (then a division of Publicis Healthcare). Prior to Touchpoint, Betsy worked for several medical communications agencies. She became a credit union member early in her career when working for Johnson & Johnson. Betsy is a member of the Healthcare Businesswomen’s Association, the American Society of Association Executives, and the Public Relations Society of America.

Betsy also serves on the Advisory Committee and Marketing Committee for CASA of Mercer and Burlington Counties (the nonprofit Court Appointed Special Advocates for Children). She lives in Plumsted Township, New Jersey with her husband and menagerie of dogs, cats, and parrots.

Devang Borad

Devang Borad

Devang has around 20 years of technology experience in the financial industry. He worked as Director, IT Architecture at Prudential Financial, NJ. During his tenure, he has had very good experience with various technology and financial products. He currently owns and runs Industrial Automation Product Company in NJ. Devang hold an engineering degree and lives with his wife and two children in South Brunswick, NJ.

Karen Eastmond

Karen Eastmond

Karen has more than 20 years’ experience in the healthcare sector with a focus on ethics, compliance, privacy and regulatory affairs. She has created and led the development of compliance programs at leading healthcare organizations both locally and nationally. She holds an MBA in healthcare Administration from the Zicklin School of Business, Baruch College and a B.Sc. in Business Management and Finance from Brooklyn College. A resident of Jersey City NJ, Karen enjoys hiking, biking, cooking and traveling.

Supervisory Committee

The Supervisory Committee is responsible for ensuring that the Board of Directors and the management of the credit union meet required financial reporting objectives and establish practices and procedures sufficient to safeguard members’ assets. The Committee consists of all volunteers. Meet our Supervisory Committee…

  • James Jaakobs, Chairperson
  • Craig Helmstetter
  • Sudha A. Mani, CPA
  • Oluyemi Oyeniran
  • John H. Rooney