our credit union - psfcu · october1,2014,toseptember30,2015,the psfcu’sassetsgrewby$63,200,000or...
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![Page 1: Our Credit Union - PSFCU · October1,2014,toSeptember30,2015,the PSFCU’sassetsgrewby$63,200,000or 3.99%.Ourloanportfolioforthesame periodincreasedby$45,700,000or5.23%. Inthatsametime,memberdepositsroseby](https://reader036.vdocument.in/reader036/viewer/2022071214/6041e9fb085fba6d4179a652/html5/thumbnails/1.jpg)
Aseveryyear,volunteersandemployeesofthePolish&SlavicFederalCreditUnionandtheirfamiliesandfriendsmarchedinNewYork’sPulaskiDayParade.Astraditionhasit,onthefirstSundayof
October,thePSFCUcontingentofapproxi-matelyonehundredpeoplemarcheddownNewYork’sFifthAvenue.Onthatsunnyday,ourCreditUnion,themainsponsorofthePulaski Day Parade,was one of the firstinstitutions,marchingalmostattheforefrontof the paradewhich lasted several hours.National Credit Union Administration
(NCUA)BoardMemberJ.MarkMcWatterswas the Honorary ParadeMarshal andcompletedtheroutetwice,firstmarchingattheheadoftheParadewithPSFCUChief
ExecutiveOfficerBogdanChmielewskiandBoardChairmanKrzysztofMatyszczyk,andtheninthecompanyofalmostonehundredemployeesandvolunteersofthePolish&SlavicFederalCreditUnion.“OnceIwasinNewYorkandcameacrossaparadefullofpeople wearing white and red. It waswonderful,soIstoppedandwatchedthepa-radetotheend.Andfifteenyearslater,IhavetheopportunitytomarchdownFifthAvenueasHonoraryMarshal,”saidMcWatters,whorepresentstheinstitutionthatoverseesover6,000creditunionsintheUnitedStates.“Mr.McWatters ismarching with us and hispresenceisanexpressionofappreciationforwhatthePSFCUdoesforthelocalcommu-
MONTHLY NEWSLETTER OF THE POLISH & SLAVIC FEDERAL CREDIT UNION
Vol. 2 | No. 11 (23) | Year 2015November 2015
Our Credit Union
PSFCU In Numbersinformation as of September 30, 2015
Assets
$1,647,154,318Loans
$920,390,542Net Worth
$158,556,000Number of Members
84,755 ...continued on page 2
Our Credit Union at the Pulaski Day Parade
DearMembers,
September is themonththatendsourCreditUnion’s fiscalyear.Youwillbepre-sentedwithdetailedinformation summa-rizingfiscalyear2015inareportduringtheAnnualMeetingofmembers. Here are some of the mostimportantfinancialresultsforthepast12months (these numbers have yet to beverified by independent auditors). FromOctober1,2014,toSeptember30,2015,thePSFCU’s assets grew by $63,200,000 or3.99%. Our loan portfolio for the sameperiodincreasedby$45,700,000or5.23%.Inthatsametime,memberdepositsroseby$61,500,000or4.42%.Whatpleasesusmostistheincreaseinourmembershipinfiscalyear2015by3605people,or4.44%.Asoftoday, we number approximately 84,500members.OurCreditUnion’snetincomeforfiscalyear2015amountedto$5,700,000,andifweaddthe$3,300,000LoyaltyPaymentwedistributedtoourmembersinFebruary2015,thatincomeexceeds$9,000,000.Basedonthesefiguresalone,youcanseethatitwasanotheryearofsteadyandsignificantgrowthforourinstitution.Our financial achievements in that
period also include many strategic ini-tiativesimplementedbyourCreditUnionthat were important to our community.Themostsignificantweretheopeningofthe Schaumburg, IL branch, the afore-mentionedLoyaltyPaymentforourmem-bers, and providing facilities for the
PSFCU contingent during the 78th Pułaski Parade in Manhattan
Pilsudski Institute headquarters at ourGreenpointAvenuebuilding.Asweneartheholidayseason,I’dliketo
urgeyoutoparticipateinthisyear’ssecondeditionofthefundraiserthatweorganizetogether with the Children’s SmileFoundationforneedychildren.Thisyearas part of the “Children'sHoliday Smile”campaign,weencourageyoutodonatetheamount of your choice to the “Gajusz”Children’sHospiceinLodzortheBlessedReverendMichalSopockiHospiceinVilnius,or tomake a donation for needy Polish
children in the United States. As youremember, last year the campaignwas ahugesuccessandweraisedover$150,000!I amconvinced thatwe’ll alsobeable torepeatthatsuccessthisyear.Ontheoccasionoftheupcomingholiday,
Iwish you aHappyThanksgiving, spentamongfamilyandfriends..
Sincerely,
Krzysztof Matyszczyk
Chairman of PSFCU Board of Directors
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Our Credit Union | November 2015 | 1.855.PSFCU.4U (1.855.773.2848) | www.psfcu.com
OnOctober1, thePolish&SlavicFederalCreditUnioncelebratedthe10thAnniversaryofourbranchat100McGuinnessBoulevardinGreenpoint.ItwasalsotheoccasionfortheinaugurationofPolishHeritageMonth.“WeoughttobeproudofwhatPolandand
Polishpeoplehavecontributedtoculture,theeconomy and growth, not only economicgrowth,aswellastheindependenceoftheUnitedStates,” saidBogdanChmielewski,PSFCUChiefExecutiveOfficer.“Iamreferringto the generals: Tadeusz Kosciuszko andKazimierzPulaski,aswellastoallofus,theresidents of Greenpoint,Wallington, NewJersey, or Jackowo in Chicago,whoworkhardeveryday,putagreatdealofeffortintoeducating our children, and care for ourhomes. Those are components of PolishheritageintheUnitedStates,aheritageofwhichweshouldbeproudandwhichweshouldnurture.”The ceremonywas attended bymany
representativesofthePolishcommunityandthepeopleofGreenpoint.AmongthemwereveteransincludingAnthonyChroscielewski,whofoughtintheBattleofMonteCassino,the commander of PolishArmyVeteransDistrict2,scoutsandPolishbusinessmenfromGreenpoint.ThespecialguestwasGiuseppeGoliniPetrarcone,themayoroftheItaliantownofCassino.“Thankyouforwhatyouhavedone for us, not only for the city ofCassino,butforallofItaly,becauseitwasthe Poles who liberated the city andcontributedtotheliberationofItaly.Weareeternallygratefultoyou,”saidthemayorof
Cassino.IncongratulatingtheachievementsofourCreditUnion,hegaveBogdanChmie-lewskiaspecialcommemorativemedalissuedontheoccasionofthe70thanniversaryoftheliberationofMonteCassino.ThePolishAmericanFolkDanceCom-
pany performed several Polish dances,invitingourCreditUnionmanagementandthemayorofCassinoandhiswifetodance.Earlier,theSlavicArtsEnsembletrioper-formedworks of Polish classicalmusic(Chopin, Moniuszko, Paderewski andWieniawski).OurCreditUnion represen-tativesgaveasymbolicchecktotheorga-
nizersofGreenpoint’s“GetToThe'Point5K”annualrun,whichwillbeheldonOctober11 thisyear.At the endof the ceremonyAnnaBranas,ManageroftheMcGuinnessBranch,cut theanniversarycakeandthetraditionalPolish“Stolat”wassung.The branch at 100McGuinness Blvd
wasopenedin2005inthebuildingwhichalsohousestheheadquartersofthePSFCU.Since then, the facilityhasgained5,780CreditUnionmembers,whohavedepositedfundsamountingtoalmost$138,000,000,and have taken out loans amounting to$269,000,000.PSFCU’sMcGuinnessBranchprovidesservicestoatotalof6,500mem-bersofourCreditUnion.
nity,”saidBogdanChmielewski.Attheheadoftheparade,GrandMarshal
Artur Dybanowskiwas accompanied byHonoraryMarshals: Cardinal StanisławDziwiszandJ.MarkMcWatters,aswellaspoliticianfriendsofthePolishcommunity:NewYorkSenatorChuckSchumer,Congress-womanCarolynMaloneyandNewYorkStateRepresentativeJosephLentol,andrepresen-tativesof thePSFCU. “Polishpeopleneedsuchmeetingsandevents.ThePulaskiDayParadeunitespeople,”saidCardinalDziwisz.Thisyear,representativesofthePolish
&SlavicFederalCreditUnionalsopartici-pated in the Pulaski Day Parade whichwentdowntheBenjaminFranklinParkwayinPhiladelphia.EmployeesofourCreditUnion’sTrentonbranchmarchedthroughthestreetsofthecity,accompaniedbyourMobileBranch.
PSFCU at the Parade...
10th Anniversary of the McGuinness Branch
... continued from page 1
PSFCU employees marching up Fifth Avenue in Manhattan
PSFCU McGuinness branch employees during the 10th Anniversary celebrations
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Our Credit Union | November 2015 | 1.855.PSFCU.4U (1.855.773.2848) | www.psfcu.com
*Transaction fee may be charged at ATMs not belonging to PSFCU or Allpoint® and STARsf® networks. Surcharge-free cash access may not bepossible at all Allpoint® i STARsf® network ATMs. Other restrictions may apply.
OVER 43,000 SURCHARGE-FREE ATMs
…what does your bank do for you?
SomethinghaschangedatourCreditUnion.OnOctober16,welaunchedanew,improvedversionofourwebsite.Herearesomeofitsfeatures:Responsivedesign - thenewsite isde-
signedtopresentuniformlookandfunctionsacrossalldevices,whetheryoubrowseitonacomputer,tabletormobilephone;Quickerlocationsearch-youcanfindour
branch locations or one of over 43,000surcharge-freeATMslocatedthroughouttheUSmorequicklyandeasily;*Easiernavigation-wehavealsostream-
linedthesitenavigationmakingiteasierandmoreintuitive,sothatyoucanquicklyfindtheinformationyouneed;Enhancedsecurity-wehaveimprovedthe
securityofyourOnlineBankinglogin;Easierandquickerapplicationprocessto
become a PSFCUmember and to obtainPSFCUloansonline.
Logging in to Online Banking? It’s simple!We’vemadeasmallchangetohowyou
accessPSFCUOnlineBankinginournewwebsite.Tologintotheservice,clickonthe
orange “OnlineBanking”window (with apadlockicon)attheverytopofthewebsiteontherightside.Whenyouclickontheicon,a newwindow displays for you to enteryour “username” and “password”. Afterenteringyourcorrectinformation,youwillbedirectedtoyouraccountlistpage.
Social MediaWealsoinviteyoutovisitthePSFCU’s
socialmedia.Our newwebsite has iconsgivingyoufastaccesstoourCreditUnion’sYouTubeaccount(theNaszaUniaTVchannelfeatures filmmaterials on events at thePSFCU and the latest information fromPoland), as well as Facebook, Twitter(@PolishSlavicFCU) and Instagram(polishslavicfcu).
A New, Improved PSFCU Website
We are excited to announce thatwe arepartneringwithanewcreditcardprocessorthatwillallowustobringyouthelatestinsecurity and flexibilitywithournewVisacreditcardprogramstartingFebruary2016.Among other enhancements, our new
rewardprogramwillofferawidevarietyoftravelandmerchandiserewardsaswellascashrewards.Wehopetoimpressyouwiththe new design and competitive features. Staytunedformoreinformationcoming
yourway!
Exciting PSFCUCredit Card Changes
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Our Credit Union | November 2015 | 1.855.PSFCU.4U (1.855.773.2848) | www.psfcu.com
Election Polling Station at PSFCU branchOnOctober24,PolishcitizensresidingortemporarilystayingintheUSvotedintheelection to the Polish Sejm and Senate.For the first time this year, one of theelectionpollingstationswassetupatthePSFCUbranchintheChicago,ILsuburbofMt.Prospect.According to anofficial
ElectionCommitteereport,825validvoteswere cast at this location.Duringweeksleadinguptotheelection,PSFCU–forthefirsttime–enableditsmemberstoregisterfor the election at all its branches.Over1,500 Polish citizens took advantage ofthisopportunity.
You must be registered Online Banking user in order to use Mobile Banking. Internetconnection fees may apply. Daily deposit limit via Mobile Banking is $2000. Higherdaily limits available, subject to approval by PSFCU. Other restrictions may apply.
New PSFCU OnlineBanking Coming Soon