Town of Cheektowaga Federal Credit Union

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3251 Broadway, Cheektowaga, NY, 14227  

In November of 1980 a small group of motivated employees met in the Town of Cheektowga Police Department’s pistol range room. These individuals laid the foundation for the soon to be chartered Town of Cheektowaga Employee’s Federal Credit Union. Among the members who attended and cooperated in the formation of the credit union were David J. Kulik,


In November of 1980 a small group of motivated employees met in the Town of Cheektowga Police Department’s pistol range room. These individuals laid the foundation for the soon to be chartered Town of Cheektowaga Employee’s Federal Credit Union. Among the members who attended and cooperated in the formation of the credit union were David J. Kulik, Joanne Imiola, Robert Lis, Gary Wolinski and Sylvia Slawiak.

Each person present pledged to invest at least one share ($20.00) to establish the new organization. The prime objective of this group was to create within the employees of the town an organization through which members could save money which in turn could be loaned to other members for provident purposes.

On November 13th 1980 a charter was granted to this group and they became known as the Town of Cheektowaga Employee’s Federal Credit Union. The board of directors at this time consisted of the following members; Robert M. Lis, President; Mary Gawron, Vice President; James Matecki, Vice President; Sylvia Slawiak, Secretary; David Kulik, Treasurer. On March 2, 1981 the Cheektowaga Town Board approved a measure to allow payroll deductions from the town’s payroll.

Since our birth in 1980 we have come a long way. Our first office was established on the Town of Cheektowaga campus, at 1 Credit Union Drive, on July 17th 1984. We then moved to the credit union trailer on May 26th, 1988 and continued to expand our service offerings. At present we are in our permanent home which was opened on December 13th, 2004. The word “employee’s” was removed from our name and our charter now is Town of Cheektowaga Federal Credit Union. The Credit Union office was made possible with the 40 years of effort and loyalty from all of our share holders. That membership now consists of over 1500 members and assets of over 34 million dollars. Through your faithful and continuous efforts our future can only become better than it is today.


LENDING PROFILE

Town of Cheektowaga Federal Credit Union arranges the following loan types:
  • RESIDENTIAL: Hard Money , HELOC
  • COMMERCIAL: Hard Money , Portfolio
  • LAND: Hard Money
Lending territories: NY

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