BROOKLYN, N.Y. — The $1 billion Polish and Slavic Federal CreditUnion appeared to take another step away from its recent past ofboard infighting and litigation when it opened a new branch inGarfield, New Jersey.

The 32 year old CU has 70,000 members and now has 11 branches.The CU said the new branch in New Jersey would be its 11th, dividedbetween Brooklyn and New Jersey.

“This is just the beginning of what promises to be a trulyeventful year for our credit union,” said Bogdan Chmielewski, CEOof PSFCU, at the branch opening on Mar. 20. “Whereas others aretrying to overcome foreclosure troubles and other financial woes,we are determined to expand. We're excited about our growthpotential and we bet on a pro-active approach to expanding ourfootprint. PSFCU's committed to meeting the needs and wants of ourloyal membership, and we want to be where they are, provided thereis a good prospect of financial success.”

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