Business Details
50+ Years
experience
Your Trusted Credit Union for Personal and Business Banking Solutions
Established in 1969, POLAM Federal Credit Union was founded by Polish immigrants in Los Angeles to serve their financial needs. Over five decades, we've grown into a professional institution offering personalized services while maintaining our community-focused mission. Our bilingual staff provides traditional and digital banking solutions, including savings accounts, loans, and insurance products. We expanded membership eligibility to include families of Polish-Americans and members of cultural organizations in Arizona and Ohio. As a not-for-profit cooperative, we prioritize member benefits through lower fees, competitive rates, and enhanced insurance coverage. Our NCUA-insured accounts offer up to $500,000 protection through federal and private insurance partnerships.We maintain 24/7 access to over 30,000 surcharge-free ATMs nationwide while retaining personal service through our Los Angeles headquarters. Our board of directors and supervisory committee ensure sound financial management while upholding our founding principles of community empowerment. With modern digital banking tools and Zelle integration, we combine technological innovation with our original commitment to Polish-American communities. Our mortgage lending expertise spans 50 years, offering portfolio loans with flexible underwriting since we retain loans rather than selling them to investors.
Services
Savings Accounts
Checking Accounts
Mortgage Loans
Auto Loans
Personal Loans
Business Banking
Online Banking
Zelle Transfers
Notary Services
Share Insurance
Details
- Year established: 1969
Highlights and features
- We offer bilingual staff for personalized service to Polish-American communities
- Our not-for-profit structure provides lower fees and better rates than traditional banks
- We maintain direct underwriting control since we retain all loans in-house
- We provide enhanced insurance coverage up to $500,000 per account
- We operate 24/7 access to over 30,000 surcharge-free ATMs nationwide
Associations and certifications
- NCUA
- American Share Insurance
Services
Mortgage Loans
We specialize in mortgage lending with 50 years of experience offering portfolio loans up to 90% loan-to-value ratio. Our direct underwriting process eliminates third-party sales, providing flexible terms for qualified borrowers with FICO scores starting at 650. Our members benefit from competitive rates and personalized service throughout the loan lifecycle.
Auto Loans
We provide new and used auto financing up to 125% of purchase price including tax and license fees. Our loans feature GAP coverage options and require comprehensive insurance. With fast approval times and competitive rates, we support both dealer and private party transactions while offering flexible terms for qualified members.
Savings Accounts
Our savings accounts establish membership eligibility while providing federal insurance up to $250,000 through NCUA plus additional coverage through American Share Insurance. Accounts earn dividends from $100 balances and offer free mobile banking access with Zelle integration for members with checking accounts.
Business Banking
We offer business checking accounts for various legal structures including corporations, LLCs, and sole proprietorships. Our not-for-profit model provides lower fees compared to traditional banks while maintaining comprehensive business banking solutions and personalized service for commercial clients.
Personal Loans
We provide unsecured personal loans for debt consolidation or special purchases with fixed rates. Our share secured loans help members build or repair credit history without traditional credit requirements by using savings certificates as collateral while maintaining access to funds.
People
Mariusz Kicinski
Chairman of the Board
Experienced financial leader guiding POLAM's strategic direction with deep understanding of Polish-American community banking needs.
Andrew B. Kozlowski
Vice Chair
Seasoned banking professional contributing expertise in credit union operations and member service standards.
Theresa Dudzick
Director and Supervisory Committee Chair
Financial governance specialist ensuring regulatory compliance and asset protection for member investments.
Questions
What makes POLAM Federal Credit Union different from traditional banks?
As a not-for-profit credit union, we return earnings to members through lower fees, better rates, and enhanced services while maintaining personal service and community focus.
How does the funds availability policy work for check deposits?
The first $275 of check deposits becomes available the next business day, with remaining funds available on the second business day following deposit.
What mortgage loan options are available?
We offer portfolio mortgage loans up to 90% LTV without PMI requirements, with flexible underwriting since we retain all loans in-house rather than selling them.
How can I access my accounts outside business hours?
Our online banking platform provides 24/7 account access, and we offer over 30,000 surcharge-free ATMs nationwide for cash transactions at any time.
What insurance coverage do you provide for deposit accounts?
Accounts receive $250,000 federal insurance through NCUA plus additional coverage up to $500,000 total through American Share Insurance partnerships.
How do I become a member?
Membership is open to Polish-Americans in Southern California, their families, Polish American Congress members nationwide, and Northwest Ohio Polish Cultural Center members.
