The Polish & Slavic Federal Credit Union (PSFCU) recently opened a new branch in Schaumburg, Illinois.
The new location, at 1112 S. Roselle Road, will serve the large Polish-American community residing in and around the northern suburbs of Schaumburg, Hoffman Estates and Elgin, Illinois. The 3,000-square-foot branch is the fourth PSFCU branch in the Chicago, Illinois area and the 16th branch nationally.
“I am confident that this branch will continue the great success of our institution throughout the great metropolitan Chicago region,” Bogdan Chmielewski, CEO of PSFCU, said. “We have undoubtedly become a significant and fully integrated part of the life of our members and the entire Polish-American community in the Chicago area. This region holds great promise for our credit union.”
The PSFCU has been operating in Illinois since 2010, when two Chicago area branches debuted: one in Mt. Prospect and the other in Norridge. A year later, a third branch was opened in the village of Bridgeview, just 13 miles southwest of the Chicago Loop.
In less than six years of operation, the three PSFCU branches have attracted more than 13,000 members and nearly $123 million in deposits. They also have made $131 million in loans to the community.