About United Poles FCU
We are the Credit Union that takes pride in it’s ethnic
heritage and provides members with a vital role in its operations
and management through their election of officers and governing
body. The Credit Union sole purpose is to serve the financial
needs of its members to the utmost, based on the socio-economical
horizon.
Our Credit Union purpose is to help its members prosper and
move ahead financially.
"Not for Profit, Not for
Charity, But for Service"
United Poles FCU is federally chartered to serve the
needs of people of Polish origin, and their relatives, as
well as the members of United Poles in America (ZPA), Polish-American
Congress and Polish Army Veteran groups. Before becoming a
member of UPFCU, you are invited to join ZPA (the monthly
dues are $1 payable at the time of opening an account up-front
till the end of the calendar year). Minors and family members
of the current UPFCU customers are exempt from this fee.
Our employees will be happy to assist you in opening a new
account. We require a valid identification document, such
as driver license, birth certificate, passport. The entire
procedure will take less than 20 minutes. The minimum deposit
in your share-savings account is $100.00. This balance has
to be maintained at all time.
By joining our Credit Union, you became a member of a financial
institution that is the oldest, most solid type in its category,
one owned solely by its members. You, as a member, are not
just a depositor -- you are a co-owner of a rapid-growth,
profitable institution. We are an institution that takes pride
in it's ethnic heritage and provides members with a vital
role in its operation and management through their election
of its officers and governing body. Our Credit Union's sole
purpose is to serve the financial needs of its members to
the utmost, based on the economical, political and financial
horizon.
It is always easier and more pleasant to do business when
you are considered an individual -- and not just an account
number. When you save with and borrow from the Credit Union,
you support an organization (financial institution) whose
sole purpose is to help its members prosper and move ahead
financially. You are always welcome, and we hope to see you
in our office often.
On January 4th, 1964, the United Poles Federal Credit Union
was officially registered by members of the United Poles in
America (ZPA) with their leader Hieronim Wyszynski. The charter
of the Credit Union was formally signed on October 22nd, 1964.
The planning for the creation of this type of Credit Union
was an admirable undertaking requiring immense dedication
and work. It is to this day that the fruits of this labor
we reap with sincere appreciation. The beginnings were not
easy. The Credit Union at that time was the only existing
institution of its kind among Polish ethnic group; it was
also a unique and model institution which was to provide assistance
to Polish immigrants and their families already established
in the Perth Amboy area. Those who contributed their time
and energy to this worthy task wanted to create a strong and
efficient union for its mostly Polish speaking members.
In 1965, just one year after the Credit Union commenced
its activities, the deposits in savings amounted to $3,221.00.
In 1975, they exceeded $500,000. After fourteen years of
persistent and devoted work the first million was attained
in 1978. In the 1980s the management of the Credit Union
made some very important financial decisions. Various types
of savings accounts were developed, new credit programs
were instituted and many investment activities were started.
This new approach, together with the trust and cooperation
of its members proved extremely successful. Establishing
an excellent reputation, the Credit Union which in 1980
had deposits of $1,400,000 grew stronger to the point when
today it has assets of almost $40 million dollars.
The United Poles Federal Credit Union has been established
as a Credit Union servicing our sponsor organization, United
Poles in America and as an independent financial institution.
All deposits are federally insured by the NCUA. The Credit
Union movement is unique and despite financial difficulties
of banks and the fall of savings and loan systems, credit
unions continue to prosper.
The Board of Directors of the United Poles Federal Credit
Union wish to express their sincere gratitude to all members
for their support over the past forty years and share their
appreciation to all those who, through their work contributed
to the success of this organization.
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