Sep, 30, 2025 — POLISH & SLAVIC FEDERAL CREDIT UNION is a federal credit union headquartered in BROOKLYN, NY with 24 branch locations and about $2.69 billion in total assets. Opened 50 years ago in 1976, POLISH & SLAVIC FEDERAL CREDIT UNION has about 125,645 members and employs 386 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POLISH & SLAVIC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 McGuinness Blvd BROOKLYN, NY 11222 |
| Phone: | (718) 610-3970 |
| Fax: | (718) 610-3971 |
| Website: | https://www.psfcu.com |
| Branches: | 24 branch locations |
| Members: | 125,645 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22592 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1976 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,691,197,181 |
| CEO/Manager: | Bogdan Chmielewski |
| Chairperson: | Krzysztof Matyszczyk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 77,850,876 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,328,851,441 |
| Unsecured Loans | 54,412,126 |
| Other Loans | 201,202,811 |
| TOTAL LOANS | 1,584,859,177 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,920,000 |
| Land And Building | 23,697,631 |
| Other Fixed Assets | 13,009,957 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 22,875,805 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,691,197,181 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,780,019 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 27,312,967 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 560,737,735 |
| Regular shares | 1,143,657,028 |
| All Other Shares & Deposits | 757,670,483 |
| TOTAL SHARES & DEPOSITS | 2,462,065,246 |
| TOTAL LIABILITIES | 2,492,306,232 |
| Regular Reserve | 0 |
| Other Reserves | -97,578,923 |
| Undivided Earnings | 296,469,872 |
| TOTAL EQUITY | 198,890,949 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,691,197,181 |
| INCOME & EXPENSE | |
| Loan Income | 56,610,532 |
| Investment Income | 20,497,791 |
| Other Income | 3,134,241 |
| Total Employee Compensation & Benefits | 29,325,602 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 25,546,414 |
| Non-operating Income & (Expense) | 5,166,544 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 911,257 |
| Cost of Funds | 17,475,527 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 18,973,518 |
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