Polish & Slavic Federal Credit Union

Another Record Set in the Polish & Slavic FCU Scholarship Program

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星期三, 六月 14, 2023

BROOKLYN, N.Y., June 14, 2023 /PRNewswire/ -- This year's scholarship program of the Polish & Slavic Federal Credit Union saw scholarships awarded to a record number of 512 young members of the Credit Union, with a total value of $550,000. In this edition of the PSFCU scholarship program, 324 high-school graduates and 188 college students were awarded. The winners received scholarships up to $5,000. In total, since the first edition of the program in 2001, our Credit Union has awarded scholarships to more than 6,000 students for a total of more than $7 million. Scholarship recipients received their awards at two ceremonies held on Saturday, June 3 in Chicago, IL and on Wednesday, June 7 in New York City.

Key Points: 
  • In this edition of the PSFCU scholarship program, 324 high-school graduates and 188 college students were awarded.
  • "The scholarship program is what sets us apart from commercial banks and other financial institutions.
  • The internship is an integral part of the PSFCU Scholarship Program and this year was held for the fourth time.
  • The PSFCU Scholarship Program was established in 2001 and since then, including this year's 23rd edition, more than 6,000 young people have received a PSFCU scholarship, with the total amount of scholarship funds reaching over $7 million.

POLISH & SLAVIC FEDERAL CREDIT UNION CONTINUES TO BREAK NEW GROUNDS IN THE MID-WEST

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星期五, 十月 21, 2022

BROOKLYN, N.Y., Oct. 21, 2022 /PRNewswire/ -- Breaking new ground, both literally and figuratively, the Polish & Slavic Federal Credit Union continues to expand its footprint in the Midwest region.

Key Points: 
  • BROOKLYN, N.Y., Oct. 21, 2022 /PRNewswire/ -- Breaking new ground, both literally and figuratively, the Polish & Slavic Federal Credit Union continues to expand its footprint in the Midwest region.
  • Polish & Slavic FCU continues to break new grounds in the Mid-West.
  • She thanked the Credit Union for becoming a new member of the community and looked forward to successful cooperation in the future.
  • The future branch of the Polish & Slavic FCU will be located at 2371 County Line Road in Algonquin, IL.

Record Scholarship Amount for a Record Number of Students

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星期四, 六月 2, 2022

BROOKLYN, N.Y., June 2, 2022 /PRNewswire/ -- This year's edition of the Polish & Slavic Federal Credit Union's Scholarship Program, which has supported the educational dreams of the Polish-American youth since 2001, set two significant records. 488 young PSFCU members were granted scholarships this year, with the total amounting to $551,000 i.e. $51,000 more than the previous record. PSFCU Board of Directors decided to raise this year's scholarship budged so that every applicant who met the formal program requirements could receive an award.

Key Points: 
  • PSFCU Board of Directors decided to raise this year's scholarship budged so that every applicant who met the formal program requirements could receive an award.
  • Majority of scholarship recipients attending the ceremonies were accompanied by their extremely proud parents.
  • As in previous years, this year's edition of the PSFCU scholarship program consisted of two separate parts: for college-bound high-school graduates and for current university students.
  • Since the inception of its scholarship program in 2001, Polish & Slavic Federal Credit Union has issued over six and a half million dollars in scholarships to a total of over 5,500 students.

Hon. Todd M. Harper Visits Polish & Slavic FCU

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星期三, 五月 18, 2022

BROOKLYN, N.Y., May 18, 2022 /PRNewswire/ -- Chairman of National Credit Union Administration, the Honorable Todd M. Harper, visited the headquarters of the Polish & Slavic Federal Credit Union on Friday, May 13, 2022. Mr. Harper, who was accompanied by NCUA Deputy Director of the Office of External Affairs and Communications, Samuel Schumach, attended a meeting devoted to the discussion of the current situation in the war-torn Ukraine and the way credit unions could assist the country and its population.

Key Points: 
  • BROOKLYN, N.Y., May 18, 2022 /PRNewswire/ -- Chairman of National Credit Union Administration, the Honorable Todd M. Harper, visited the headquarters of the Polish & Slavic Federal Credit Union on Friday, May 13, 2022.
  • Andrew Horbachevsky, Chairman of SUMA FCU & NY and Ukrainian American Credit Union Association, Bohdan Kurczak, President/CEO of Self Reliance FCU in New York, and Svitlana Savchenko, Representative of the Ukrainian National Credit Union Association.
  • In his remarks, Mr. Harper, who underscored his Polish ethnic heritage ties, commented on the success of PSFCU and its support of the Polish-American community.
  • During the discussion that followed, Mr. Harper was asked to what credit unions should pay special attention in the current situation.

PSFCU MEMBERS RAISE A RECORD $175,000 FOR CHILDREN IN NEED

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星期一, 一月 24, 2022

Since 2014, the Credit Union members have donated over a million dollars to this noble cause.

Key Points: 
  • Since 2014, the Credit Union members have donated over a million dollars to this noble cause.
  • Polish & Slavic FCU members have donated a record $175,000 for children in need during the annual charity drive.
  • During that time, PSFCU members made contributions at PSFCU branches and on-line for a grand total of $175,176.
  • "Yet again, PSFCU members have proven that charity runs in their blood.

PSFCU Members Raise a Record Sum for Children in Need

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星期四, 一月 6, 2022

The annual "Children's Holiday Smile" campaign started on November 26 and lasted until December 31, 2021.

Key Points: 
  • The annual "Children's Holiday Smile" campaign started on November 26 and lasted until December 31, 2021.
  • During that time, PSFCU members made 7,761 contributions at 21 PSFCU branches and on-line for a total amount of $174,498.
  • During the holiday season between Thanksgiving and the end of 2021, they showed incredible generosity and commitment to helping children in need, and also broke the fundraising record, raising nearly $175,000, said PSFCU President/CEO Bogdan Chmielewski.
  • Founded in Brooklyn, NY in 1976 by immigrants, PSFCU is the largest ethnic credit union in the U.S. with $2.5 billion in assets.

Paul Juda – PSFCU 2021 Rising Star

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星期三, 一月 5, 2022

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Gymnast Paul Juda became the Polish & Slavic Federal Credit Unions 2021 Rising Star.

Key Points: 
  • NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Gymnast Paul Juda became the Polish & Slavic Federal Credit Unions 2021 Rising Star.
  • Paul Juda, resident of Deerfield, Illinois, is a PSFCU Member and a 3rd year psychology student at the University of Michigan, where he also practices gymnastics.
  • The award and the accompanying check for $5,000 were presented to Paul Juda at the PSFCU branch in Bridgeview, IL by a member of the PSFCU Board of Directors, Bogdan Ogorek.
  • The PSFCU Rising Star scholarship has been awarded for the fifth time.

Polish & Slavic Federal Credit Union Awards $500,000 in College Scholarships

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星期五, 六月 25, 2021

A total of 421 students from nine states and the District of Columbia shared $500,000 in scholarships from the Polish & Slavic Federal Credit Union to be used for continuing their education.

Key Points: 
  • A total of 421 students from nine states and the District of Columbia shared $500,000 in scholarships from the Polish & Slavic Federal Credit Union to be used for continuing their education.
  • Since its inception in 2001, the PSFCU Scholarship Program has awarded more than $6 million in college scholarships to 5,100 students.
  • The majority of this years recipients (156 students) hailed from Illinois, where the credit union has five branches surrounding Chicago.
  • Despite the ongoing COVID-19 pandemic, we are happy to say that the Polish & Slavic Federal Credit Union is in a great financial position, which allowed us to proceed with this years Scholarship Program.

Polish & Slavic Federal Credit Union Marks Another Milestone: 100,000 Members

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星期四, 九月 19, 2019

NEW YORK, Sept. 19, 2019 (GLOBE NEWSWIRE) -- 2019 is a special year in the history of the Polish & Slavic Federal Credit Union.

Key Points: 
  • NEW YORK, Sept. 19, 2019 (GLOBE NEWSWIRE) -- 2019 is a special year in the history of the Polish & Slavic Federal Credit Union.
  • In the month of August, Brooklyn-based federal credit union crossed another milestone - the number of primary account holders exceeded one hundred thousand.
  • Polish & Slavic Federal Credit Union drew praise from National Credit Union Administration Chairman, Rodney E. Hood during his recent visit to Brooklyn-based PSFCU.
  • Through its brick-and-mortar branches and an extensive online presence, PSFCU now serves over 100,000 members of the Polish and Slavic communities throughout the U.S.