our credit union - psfcu...3 our credit union | august 2015 | 1.855.psfcu.4u (1.855.773.2848) | our...

MONTHLY NEWSLETTER OF THE POLISH & SLAVIC FEDERAL CREDIT UNION

Vol. 2 | No. 8 (20) | Year 2015August 2015

Our Credit Union

PSFCU In Numbersinformation as of June 30, 2015

Assets

$1,633,410,395Loans

$897,757,455Net Worth

$156,075,628Number of Members

83,770

Our Credit Union at Picnics and Festivals

Dear Members,

On Saturday July 25,the new branch of thePolish & Slavic Fede -ral Credit Union inSchaumburg, Illinois,began operating. Thisis now our sixteenthCredit Union branch and the fourth locatedin Illinois.

The interior of the branch was designedto meet modern standards, which we willobserve when opening future branchesand renovating existing facilities. We arevery interested in your feedback andcomments on the new branch design. OurCredit Union’s presence in Illinois for overfive years is a great success for us. That isevidenced by the district’s financial perfor -mance. As of the end of June 2015, 13,086members used our services in the threeIllinois branches, entrusting us with$122,800,000 in savings and taking outloans totaling $131,300,000. I am convincedthat the new Schaumburg branch willcontinue our Credit Union’s success in theChicago area.

Our Credit Union reaches out to the Polishcommunity nationwide. I would like toremind you that for over a year we havebeen offering mortgage loans on homes inthe sunny state of Florida. Our represen -tatives in Palm Coast and Tampa areas areaccepting mortgage applications statewide.Also, current Credit Union members whoare planning to purchase a house in Floridaor want to refinance their property in thatstate may apply at any PSFCU branch in

The vacation season is traditionally the timeof Polish ethnic festivals and picnics. ThePolish & Slavic Federal Credit Union strivesbe to present wherever the Polish communityis having fun.

Our Credit Union is more than a bank,which is especially evident in the summer.That’s when you can meet PSFCU emplo -yees at weekend picnics and festivals, wherethey spin the wheel of fortune at our CreditUnion tables or tents, handing out gadgetsand entertaining the children while encou -raging parents to take advantage of our widearray of services and products. You can en -coun ter the white, red and blue colors of ourCredit Union in New York and New Jerseytowns, as well as in Chicago, Phila delphia,by the shore of Lake Michigan or in sunnyFlorida. In June alone, PSFCU emplo yees

participated in 46 events orga nized by ourCredit Union or other Polish organizations,schools or churches, and in July there willbe several more events. Below we presentjust a brief overview of the summertimeactivities of the Polish & Slavic FederalCredit Union.

Summer Fun at the Polish FestivalHundreds of people visited the seventh

annual Polish Festival organized by St.Stanislaus Kostka Parish in Staten Island,New York. The PSFCU was one of the mainsponsors of the event, a report on which wasbroadcast on NY 1 television. “It's a greatday for Poles, Polish culture and food,” saidParish Rector Jacek Wozny, the mainorganizer of the event, on the New Yorktele vision program.

...continued on page 3

PSFCU tent at a community picnic in Yorkville, IL

New York, New Jersey and Illinois or onlineat www.psfcu.com.

To meet the needs of the large numbersof Poles living in northern New Jersey, wehave signed a lease to rent premises onPatterson Avenue (Shop Rite Plaza) inWallington, NJ. Another PSFCU branchwill go into operation there and the facilityis scheduled to open at the end of the firstquarter of next year.

As you can see, the Polish & SlavicFederal Credit Union is booming both

geographically and in terms of membership.At the end of June 2015 we alreadynumbered 83,770. These are very importantachievements, made possible only thanksto your unwavering trust and loyalty.

I wish you all a relaxing summer and alsoinvite you to use our services regularly.

Sincerely,

Krzysztof MatyszczykChairman of PSFCU Board of Directors

NASZA_UNIA_newsletter_August_2015_EN_EN 7/31/2015 11:14 AM

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Our Credit Union | August 2015 | 1.855.PSFCU.4U (1.855.773.2848) | www.psfcu.com

Promotion is valid from July 21, 2015 until September 30, 2015 and applies to the Gold, Platinum and Business VISA® Credit Cards. Rewards points are offered within the framework of the ScoreCard®program. For additional information related to the ScoreCard® rewards program, please log on to www.scorecardrewards.com.

DOUBLE YOUR GAINDOUBLE YOUR GAIN

Now you can earn doubleScoreCard® Rewards Points onhome improvement purchases

Now you can earn doubleScoreCard® Rewards Points onhome improvement purchases

Buy Once, Gain Twice!

Our Credit Union members can now order aPSFCU VISA® credit card with an EMV chip.The card means more security and comfortof use, particularly when traveling abroad.

Credit cards with an electronic EMV circuit(an acronym for Europay, Master Card, VISA),colloquially called chip cards, are safer thanmagnetic strip cards. The EMV chip enablesthe coding and decoding of sent information,as well as the gene ration and verification ofelectronic signa tures. The cardholder’s PINcode is stored in the card’s EMV chip, whichallows for its verification even if the terminalloses connection with the financial network.

The EMV standard has already been widelyadopted overseas, particularly in Europe,and magnetic strip cards may no longer beaccepted in numerous destina tions. Therefore,we recommend to those of you planning avacation abroad to replace your old VISA®credit card with a new EMV chip cardat anyPSFCU branch or by calling 1.855.PSFCU.4U.

Apply for a PSFCU VISA® credit cardwith an EMV chip today and enjoy securityand comfort of use, particularly when trave -ling to Poland or other European countries.We would also like to remind you thatafter you receive your new card, you willneed to update any automatic payments youhave registered using the PSFCU VISA®credit card.

PSFCU VISA® CreditCards With EMV ChipCan you earn twice, using your credit card

only once? With a PSFCU VISA® creditcard you can. In the latest Polish & SlavicFederal Credit Union promotion, thepurchase of goods and services for homeconstruction or renovation using yourPSFCU VISA® credit card means doubleScoreCard® loyalty points.

This summer you can really earn big.Whether you’re a contractor or a privateperson and want to renovate or improveyour home, it pays to pay with your PSFCUVISA® credit card. Until 30 September,2015, you’ll earn double ScoreCard® loyaltypoints when buying goods or services forhome construction, renovation or furni -shings using your PSFCU VISA® creditcard. The promotion applies to:

- building materials and services- landscaping tools and products- home furnishings - and much more.The promotion applies to most products

bought in home improvement and garde -ning stores, ranging from roofing, wall andflooring materials to plumbing and elec -trical systems. You can also buy home orgarden furniture. The exception is homeappliances (washing machines, refrige -rators, stoves and dishwashers, etc.), whichare not eligible for the promotion.

How does the ScoreCard® loyaltyprogram work?

The program offers loyalty points forqualifying PSFCU VISA® credit cardtransactions. The points can them be re -deemed for many rewards, such as mer -chan dise, airline tickets, hotel reser vations,travel packages, and other attractive itemsor services. Point balances are alwaysavailable at www.scorecard rewards.comor you may call Award Headquarters at(800) 854-0790 to verify your balance.

You will earn Points based on yourqualifying net purchases (purchases minusreturns and/or other related credits). Youwill earn points as long as your account isin good standing. On your first visit to thesite www.scorecardrewards.com, you willneed to set up your profile with a usernameand password. Once you create your profileyou will log in with your username andpassword. You may browse the rewards siteby clicking on the “Browse Catalog” linkfrom the log in page.

This summer, if you want to renovateyour home or buy building or landscapingmaterials, pay with your PSFCU VISA®credit card. If you don’t have a PSFCUVISA® credit card yet, or you’d like toupgrade to a Platinum or Business card,apply for one today.

* All loans are subject to credit approval and verification.


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Our Credit Union was also present at theGreat Family Picnic in Yorkville, Illinois,organized by Polish Radio FM in Chicago.The wheel of fortune met with great successthere, where you could win Credit Uniongadgets. Our Credit Union booth was alsopresent at the twenty-first Polish CultureFestival in Maspeth, as well as at parishpicnics, from St. Hedwig Church in Trentonor St. Casimir Church in Newark, NewJersey, to St. Frances De Chantal Parish inBrooklyn and the Sanctuary of Our Ladyof Cze stochowa in Merrilville, Indiana,where we enjoyed ourselves at the PolishHighlanders Picnic.

Many Polish highlander events have beenorganized in and around Wallington andClifton, New Jersey, where many of themountaineers live. But this year a new eventmade its debut on the last Sunday of June,the Podhale Fair in Passaic, New Jersey. ThePSFCU Branch in Clifton was a strategicsponsor of the event and branch employeesworked hard during the Sunday fair at ourCredit Union’s stand.

Kids’ Camps with PSFCUOur Credit Union is also mindful of

children. We were a sponsor of the thirteenthedition of the “Vacation with God”, whichwas attended by 130 children from schoolsin New York, New Jersey and Connecticut.As every year, the camp was organized to

perfection by Father Waldemar Latkowski,Pastor of St. John Paul II Parish in PerthAmboy, New Jersey. “I encourage anyonewho faces the same dilemma every yearwhere to send their child for a worthwhilevacation. It’s a special time for the entirefamily. It met my expectations and broughtback memories of those wonderful campsin Poland,” wrote Dorota Lewandowska,who was at the camp for the first time alongwith her daughter.

This year, the Podhale Scouting Campwas held for the 49th time. “Hey, Warriors!Hey! We lay in wait!” This outcry and the

blare of the horn greeted scouts from thePolish Scouting Organization every new dayat camp at the American Czestochowa inDoylestown, next to the Pauline Fatherssanctuary. This year the camp was trans -formed into a Piast castle and the childrenlearned about the beginnings of Polishstatehood under the Piast Dynasty up untilthe Baptism of Poland in 966. The PSFCUsupported the two-week outing of the cubsand scouts from New York’s Podhale Troop.We are proud to have been able to helpPolish-American children on their educa -tional trip to the historical roots of Poland.

...Picnics and Festivals...continued from page 1

PSFCU staff at a community picnic in Trenton, NJ

Transaction fee may be collected at ATMs not owned by PSFCU or Allpoint® and STARsf® networks. Surcharge-free access to cash may not bepossible at all ATMs owned by the Allpoint® and STARsf® networks. Other restrictions may apply.

IF YOU HAVE AN ACCOUNT AT PSFCU, YOU HAVE ACCESS TOOVER 43,000 SURCHARGE-FREE

STARsf ® AND ALLPOINT® NETWORK ATMs THROUGHOUT THE US.

IT IS MORE THAN WHAT IS OFFERED BY COMMERCIAL BANKS!


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Checking account is required to obtain a PSFCU VISA® debit card. Daily limit of $3,000 for individual debit card transactions and $4,000 for business debit card transactions with signature applies. Otherrestrictions may also apply. Offer valid from July 1 through September 30, 2015.

AT PSFCU, YOU EARNAS YOU PAY

Every time you pay with aPSFCU Debit Card and

sign the receipt, you willautomatically earn 5 cents!

Polish & Slavic Federal Credit Union hasopened its sixteenth branch. The new facilityin Schaumburg, Illinois, is also the fourthbranch of the PSFCU in metropolitan Chicago.

The youngest PSFCU branch is located at1112 South Roselle Road, Schaumburg, IL60193 and is open Monday – Friday 9:00 am– 7:00 pm and Saturday 9:00 am – 3:00 pm.It offers the full range of our Credit Union’sproducts and services (deposits, loans,window for business customers, free ATM)in Polish. The branch serves the large PolishAmerican community residing in the regionof Schaumburg, Hoffman Estates and Elgin.The Person In Charge is Robert RadkowskiVP/Head of Midwest District, who also over -sees all of PSFCU operations in Illinois.

The PSFCU has been operatingin Illinois since 2010, when twobranches in the Chicago area wereopened, in Mt. Prospect and Nor -ridge. A year later they were joinedby a third branch in Bridgeview,in the southern part of themetropolis, a neighborhood inha -bi ted mainly by Polish highlan -ders. A presence of over five yearsin Illinois is a great success for ourCredit Union. According to datafrom late June 2015, in that timethe PSFCU has acquired 13,086members and $122,800,000 indeposits, and extended loanstotaling $ 131,300,000.

The new Schaumburg branch was openedto meet the demand for the Polish financialinstitution’s services in Chicago andenvirons. It also shows how right the PSFCUmanagement was when it decided that wehad to expand the Credit Union’s operationsoutside New York and New Jersey. In keepingwith our mission, the Credit Union strivesto locate wherever there are Polish popu -lation centers in the United States, andthrough its operations it intends to contributeto strengthening the financial standing andprestige of the Polish American community.

PSFCU branch in Schaumburg:1112 South Roselle RoadSchaumburg, IL 60193tel. 847-895-5972Business hours (all times CST):Monday – Friday: 9 am - 7pmSaturday: 9 am - 3 pm

New PSFCU Branch in Schaumburg

New PSFCU branch in Schaumburg

Interior of the PSFCU branch in Schaumburg


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