BROOKLYN, NY– For the seventh year, the $1.2 billion Polish and Slavic Federal Credit Union is supporting the educational aspirations of its members. PSFCU contributed $300,000 to help defray the educational costs of its high school and college student members.

"Time and again, our members have expressed their support for the program and the collective will to grow it. That's where our strength is. There are many banks that try to lure our members, but none that's willing to match our program." said Bogdan Chmielewski, PSFCU CEO. "There is no better example of how a local credit union can make a difference in its community than helping improve the educational prospects for the young generation."

Earlier this month, at a gala event in Greenpoint, Brooklyn, the PSFCU handed out scholarships to undergraduate and graduate-level students, ranging in value from $1,000-5,000 each. An independent panel of 12 people reviewed almost 200 worthy applications before choosing the final 144 winners.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.