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PSFCU Assets Exceeded $2.5 Billion

Polish & Slavic Federal Credit Union I Finances
May 23, 2021

Despite the prevailing COVID-19 pandemic that has lasted for over a year, the Polish & Slavic Federal Credit Union continues to develop dynamically. At the end of April, our Credit Union reached another milestone: for the first time in history, PSFCU assets exceeded $2.5 billion.

PSFCU Assets Exceeded $2.5 Billion

For over 44 years of organic, sustainable growth, the Polish & Slavic Federal Credit Union has established itself as the largest ethnic credit union in the United States. With $2.5 billion in assets, $2.3 billion in deposits, 21 branches in four states and nearly 106,000 members, PSFCU is one of the 150 largest credit unions in the U.S.

“We are pleased that despite the difficult times of the pandemic, the value of PSFCU assets and deposits is constantly increasing, and most importantly, the number of our Credit Union Members keeps growing. This proves the unwavering and not weakening loyalty to the Polish & Slavic Federal Credit Union as a modern financial institution, which builds the strength of the entire Polish community in the United States,” said PSFCU President/CEO, Bogdan Chmielewski.

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ABOUT PSFCU: Founded in Brooklyn, NY in 1976, PSFCU is the largest ethnic credit union in the U.S. with more than $2 billion in assets. It offers carefully tailored financial products and services to its 135,000 members and their families throughout the country, mainly through its 20 branches in New York, New Jersey, Illinois and Pennslyvania. Long known for its commitment to the communities it serves, the credit union proudly sponsors and supports countless Polish-American organizations, schools, churches and cultural events that all help make local neighborhoods succeed and thrive.

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