News & Events

Quorum Federal Credit Union Names New Board Members

May 25, 2019
Mark Werner Valaree Brown Headshot 1

Mark Werner, Chairperson of the Board, and Valaree Brown, Board director

PURCHASE, N.Y., May 25, 2019 – Quorum Federal Credit Union has named its board members for 2019. Mark Werner, former Vice Chairperson and a board member since 1998, has been named Chairperson, replacing Kevin Holly, who has retired after serving on Quorum’s Board since 1989.

Prior to joining Quorum’s Board, Werner was Vice President of Benefit Investments forAltria Group, Inc., until his retirement in 2008, and worked with both Altria and General Foods since 1978. He was a past member of the New York Stock Exchange Pension Advisory Committee and the past president of Pension Group East. Werner currently serves as a member of The Board of Trustees for CUNA Retirement Programs.

“I am honored to be selected as Chairperson by Quorum’s Board,” said Werner of his appointment. “I am dedicated to help Quorum satisfy every member’s financial needs.”

Also new to the Quorum Board is Valaree Brown. Ms. Brown worked as a Director of Information Technology at Filtran LLC (formerly a division of SPX Corporation), a global leader in the design and manufacture of automotive transition filters, before retiring in 2010. Prior to Filtran, She also held positions at Sara Lee Coffee & Tea, Brach’s Confections, Premark International, Kraft Foods, and Ford Motor Company.

Board members were officially voted in on April 25, 2019 at Quorum’s Annual Board Meeting, open to the public at Quorum’s Headquarters in Purchase, NY. The Board ensures—on behalf of Quorum members—that the Credit Union upholds its mission statement and vision, meeting each month to provide oversight, set strategic direction and priorities, and hold Management accountable, all while operating in an ethical, prudent and fiscally sound manner.

Quorum Board Members for 2019 are:

  • Mark Werner, Chairperson
  • Steven Klepfer, Vice Chairperson
  • Jan Price, Treasurer
  • Sandra Schirmang, Secretary
  • Valaree Brown, Director
  • Jeff Feurstein, Director
  • Bruce Fishstein, Director
  • Joseph P. Vallaro, Associate Director
  • James F. Ingold, Associate Director

More information, including Board biographies, can be found at

Quorum Federal Credit Union ( is headquartered at 2500 Westchester Avenue, Suite 411, Purchase, NY 10577. Founded in 1934 as the exclusive credit union for Kraft Foods employees, today the Credit Union serves over 50 companies nationwide (Ogilvy, Avon, Mondelēz International, Philip Morris, etc.) and has members living in all 50 states. Quorum is committed to delivering banking that’s focused on its members, and how its products and services can help them live life as they choose. Its mission is to do good by them and for them, by returning profits in the form of competitive rates, low fees, simple rules, clear communication, frictionless delivery, and unbiased advice. It’s called: Banking That’s Good. For You.™