The Brooklyn, N.Y.-based Polish & Slavic Federal Credit Union extended its reach to the Midwest by establishing its presence in the Chicago area, where it opened two branches in the city's suburbs of Mt. Prospect and Norridge.
The new branches will cater to the nearly 300,000 residents of Polish and Slavic descent living in the North-Central part of the metropolis, and it is expected that many of the 150,000 Polish-Americans from the southern Chicago area will also take advantage of the credit union's services.
"Serving the Polish and Slavic community is what we're all about," said Ira Brief, interim chief executive officer of the PSFCU. "Therefore, it's only natural that we finally open for business in the great Polish-American cauldron of Chicago."
The Chicago expansion is the PSFCU's latest salvo in its development program that has enabled the $1.3 billion credit union and attract nearly 70,000 members. Of the credit union's 14 total branches, more than one-third have opened up in the past three years.