Polish & Slavic Federal Credit Union is headquartered in Brooklyn and is the 13th largest credit union in the state of New York. It is also the 174th largest credit union in the nation. It was established in 1976 and as of June of 2023, it had grown to 347 employees and 115,340 members at 21 locations. Polish & Slavic Federal Credit Union's CD rates are 67% higher than the national average, and it has a B health rating.
Membership in Polish & Slavic Federal Credit Union is open to those who are members of the Polish & Slavic Center (Brooklyn, NY), Polish Cultural Foundation (Clark, NJ), Polonia of Long Island, Inc. (Copiague, NY), the Polish Supplementary School Council of America (Brooklyn, NY), the General Pulaski Memorial Parade Committee (Brooklyn, NY), Alliance of Polish Clubs in the United States (Chicago, IL) or the Polish Highlanders Alliance of North America (Chicago, IL), Kosciuszko Foundation (New York, NY), The Copernicus Foundation (Chicago, IL), or The Polish Army Veterans Association of America (New York, NY).
See current membership details
Based on my limited experience it is not a bank to invest with. Admittedly, I discovered serious management issues, pursuant to which avoided long term or contractual commitments. Chastity Vest recommended if you have a Russian name!
Polish & Slavic Federal Credit Union is a Horrible bank. I opened checking account 2 years ago, in Greenpoint New York and now called for a second debit card and was refused to get it because they found out that I own some $800 to another bank. My legal and financial status didn't change since the time my account was created. The manager didn't want to speak with me when I asked for on polite phone conversation. So they basically forcing me to close my account in polish federal Slavic Union by not letting me have my debit card in my hands. I hope they will give me the money I have in my checking and saving accounts back. Kind of afraid to go there. The customer service lady was rude telling me 5 times my privet information of my depts!!! They do what they want. Don't open an account there. You aren't safe!!!!!!!!
Overall | |
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NCUA # | 22592 |
Year Chartered | 1976 |
Employees | 347 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.78% |
Return on Equity - YTD | 19.83% |
Annual Interest Income | $41.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $2.55B$2.57B |
Loans | Q2 2023vs Q2 2022 | $1.50B$1.39B |
Deposits | Q2 2023vs Q2 2022 | $2.42B$2.44B |
Equity Capital | Q2 2023vs Q2 2022 | $100.3MM$115.0MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.7MM$1.5MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $3.1MM$3.9MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Polish & Slavic Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.01% | $2.5k | - | Money Market | |
0.01% | $2.5k | - | Business Money Market |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | $1.5k | - | Share Draft | |
0.01% | - | - | Standard Business Checking | |
0.01% | - | - | Plus Business Checking | |
0.01% | - | - | Business Checking for Non-Profits |