Our History

Celebrating 65 years of service to our members (1953-2018).

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2018

65th Anniversary of UFCU and 50th Anniversary of Syracuse Branch. Credit union’s assets exceed $240 million.

2017

UFCU made major enhancements to improve service to its members. We developed a brand new website, entirely redesigned our phone system, and added over 5,000 CO-OP Shared Branches so members can transact on their account within any state in the U.S. just like at any UFCU branch.

2016

Osnova Ukrainian FCU merges with UFCU on January 1. The credit union’s assets now exceed $200 million, membership – over 20,000 in 12 branches across the country.

2015

Two new branches open: in Amherst, NY and Federal Way, WA. UFCU recognized by MemberShoppers as one of America’s top credit unions in providing outstanding member service.

2014

New branches in Webster, NY and Vancouver, WA open their doors. UFCU is continuing to upgrade its technology offerings by implementing a mobile phone app. Several charity events are organized to raise funds for humanitarian aid for Ukraine.

2013

60th Anniversary of UFCU, 45th Anniversary of the Selfreliance Syracuse NY FCU (now UFCU Syracuse branch), and 10th Anniversary of the Sacramento branch. Ukrainian Home Dnipro FCU in Buffalo, NY, merged with UFCU. The Credit Union grows to 7 branches, over 18,000 members, and nearly $170 million dollars in assets.

2010

Ukrainian-American Community Foundation is founded by UFCU to support community, cultural, educational, religious, civic, youth and humanitarian aid projects. Oleg Lebedko appointed as CEO.

2008-2009

UFCU weathered the Great Recession of 2008 and finished year 2009 with over 16,000 members and $138 million in assets.

2008

The Credit Union celebrated its 55th Anniversary. A new Audio Response System was installed in English and Ukrainian languages. UFCU awarded $24,000 in Scholarship awards to student members.

2007

Ukrainian FCU upgraded its computer system to provide new products and improvements to its electronic services. Membership grew to more than 16,800 and assets exceeded $130 million.

2006

UFCU expanded its membership further northwest by opening a branch in Portland, Oregon, on August, 24. As of September, UFCU membership reached 15,730 and assets exceeded $124.2 million.

2005

The Ukrainian Fraternal FCU in Boston, Massachusetts, merged with UFCU as of March 1, 2005. Ukrainian FCU assets exceeded $120 million with membership of 15,000. Ukrainian Federal Credit Union’s publication The Opinion celebrated 50 years of keeping its membership informed and entertained while promoting credit union services and community news.

2004

An official merger between the Ukrainian Self Reliance Syracuse NY FCU and the Rochester Ukrainian FCU added over 1,900 members to the roster and over $16.9 million in assets. To reflect the expanding common bond, RUFCU went through a name change. It became the Ukrainian Federal Credit Union (UFCU) serving its members from coast to coast.

2003

The Credit Union celebrated its 50th Anniversary of service to the Ukrainian–American community in the New York State area. To meet the demands of the growing Ukrainian community in Sacramento, California, RUFCU opened its second branch in February. Over 300 members already signed up before the doors officially opened in Citrus Heights, CA.

2001

The first branch is opened in New York’s Capital District in Watervliet, NY, on May 12, 2001.

2000

RUFCU joined the Rochester Ukrainian community in celebrating 100 years since the first arrival of Ukrainian immigrants to the area.

1998

The Credit Union celebrated its 45th Anniversary with almost 6,000 members and assets exceeding $58 million.

1987

A major milestone was achieved when the Credit Union outgrew its facilities and purchased a former health spa facility at 824 Ridge Road East in Irondequoit, NY. Tamara Denysenko was appointed as General Manager.

1970

The Credit Union Bulletin went through a transformation, and due to the layout and content of the magazine, the name was changed to the Credit Union Opinion.

1963

The Credit Union celebrated its 10th Anniversary with a membership of 1,100 and $800,000 in assets.

1955

RUFCU grew to 200 members, $27,000 in savings $23,000 in loans. In order to communicate more effectively to our membership a quarterly newsletter called the Credit Union Bulletin was created.

1953

The charter for the Rochester Ukrainian Federal Credit Union (RUFCU) was signed on July 10, 1953, by eight founding members. In addition to the eight initial members, twenty others joined the credit union within the original common bond of the Ukrainian National Association (UNA) and the Ukrainian Fraternal Association (UFA). The initial founders became the first employees and worked without pay in a small corner office of the Ukrainian Civic Center located at 831 Joseph Ave., Rochester, NY. The first member meeting was held on September 25, 1953.

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