Ukrainian FCU to Open New Branch in Seattle

Aug 25, 2015

Ukrainian Federal Credit Union, founded in Rochester in 1953, will open it's 10th branch nationwide in Federal Way, Washington, on Monday August 31. The Credit Union will now have a total of 11 locations including it's main office location on East Ridge Road in Irondequoit. Ukrainian FCU already has full service branch offices in Albany, Buffalo, Syracuse, Irondequoit and Webster, N.Y., Sacramento, CA, Boston, MA, Portland, OR, and Vancouver, WA. The Credit Union serves more than 18,600 members and employs over 70 individuals nationwide with assets currently exceeding $180 million. Currently there are over 200 Ukrainian FCU members residing in the Seattle area who have established membership at other branches.

The Federal Way location will be the furthest Pacific Northwest location of the Credit Union. The new branch will reflect a "branch of the future" design featuring an automated cash recycler that accepts cash deposits and disburses cash withdrawals, providing tellers with more time to focus on the member's financial needs and face to face interactions instead of counting money manually. In addition, the new branch will feature an open office floor plan with glass walls to remove barriers and create a welcoming atmosphere, and a children's play area to keep children occupied during complex banking interactions that require more time.

Ukrainian FCU opened its first West Coast branch in Sacramento, California, in 2003 to meet the needs of the growing Ukrainian community. Branches followed in Portland, OR, in 2006, and Vancouver, WA, in 2014. Out of the Credit Union's 18,600 members, more than 7,200 reside on the West Coast. Members of select Ukrainian and Slavic churches, cultural organizations, and Ukrainian language schools, can join Ukrainian FCU. Currently the Credit Union serves 62 churches and organizations nationwide.

Ukrainian FCU was founded in 1953 by Ukrainian-Americans in Rochester, N.Y., and is insured by the National Credit Union Administration. The Credit Union offers personal and business financial services including savings and checking accounts, share certificates, loans, mortgages, VISA credit and debit cards, wire transfers, and online and mobile banking, with service in Ukrainian and English languages to meet the needs of its diverse membership. The Credit Union ranked seventh on the Rochester Business Journal's 2014 list of credit unions by asset size. Ukrainian FCU was recently recognized by MemberShoppers as one of America's Top Credit Unions in Providing Outstanding Member Service for the First Quarter of 2015. The Credit Union also received the MNA ServiStar Credit Union Award for Member Service Culture Excellence for 2014. Additionally, Ukrainian FCU ranked in the Top 10, in 2012 and 2013, in the New York Credit Union Performance & Trends report released by the Credit Union Association of New York and Callahan & Associates. For more information, visit rufcu.org.