Polish & Slavic Federal Credit Union (PSFCU) is a federally insured, state-chartered, 85,000-member, natural person, credit union. PSFCU has 16 branches in New York, New Jersey, and Illinois. PSFCU is the largest ethnic credit union in the United States.
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History
The Polish & Slavic Federal Credit Union was chartered in 1976 by the founders by Rev. Longin Tolczyk and members of the Polish & Slavic Center. The founders to help immigrants who were turned down by traditional banks. The bank was originally called the Industrial and Commercial Federal Credit Union, and was referred to as such in its first charter. In 1979 the credit union adopted its current name.
The first office was established on 940 Manhattan Avenue in Greenpoint, Brooklyn, adjacent to the Polish & Slavic Center. In 1981, PSFCU moved its headquarters to 140 Greenpoint Avenue.
In 1987 the first New Jersey branch was opened in Union, followed by rapid expansion over the New York City metropolitan area. In 2007, PSFCU established an ATM at the American Czestochowa in Doylestown, Pennsylvania. In 2010 PSFCU started its expansion into Illinois with branches in Norridge, Mt. Prospect, Bridgeview and Schaumburg.
Membership
Anyone who is a member of the Polish & Slavic Center, Polish Cultural Foundation, Polonia of Long Island, Polish Supplementary School Council of America, General Pulaski Memorial Parade Committee, Alliance of Polish Clubs in the United States, Polish Highlanders Alliance of North America, Kosciuszko Foundation, Copernicus Foundation, or Polish Army Veterans Association of America can become a member of PSFCU.
Services
Polish & Slavic Federal Credit Union offers these services:
- Checking Accounts and related, including debit cards
- Savings Accounts
- Certificates of Deposit
- IRAs
- Consumer loans of all kinds
- Lines of credit (LOC)
- Credit cards
- Auto loans: Car loans, motorcycle loans, etc.
- Home equity loans and Home equity lines of credit
- Mortgages
- Federally Insured Student loans
- Direct Deposit
- Home banking - initially offered in 2007
Source of the article : Wikipedia
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