OLEAN TEACHERS' AND POSTAL FEDERAL CREDIT UNION - Olean, NY

Welcome to Olean Teachers' & Postal Federal Credit Union, where your financial well-being is our top priority! Established in 1952, our credit union has been a trusted partner for the community of Olean, NY. Located at 1700 Constitution Ave, we proudly serve over 1,674 members with a commitment to providing personalized banking solutions that fit their needs. At Olean Teachers' & Postal, we believe in empowering our members through access to essential financial services. Our total assets amount to an impressive $25,576,003, with total deposits reaching $5,722,995. We understand the importance of security and growth for our members, which is why we maintain a net worth of $2,442,279 and keep $119,894 in cash on hand to ensure smooth operations. Our dedicated team of 6 employees, led by CEO Rita Malone and Board President Anthony Kopko, works tirelessly to create a welcoming environment where you can achieve your financial goals. Whether you are interested in personal banking options like checking accounts or auto loans, or need assistance with business banking services such as merchant services and business loans, we are here for you. While members can visit us at 1700 Constitution Ave, official correspondence should be sent to the same address for convenience. Our doors are open from 9 AM to 5 PM on weekdays and until 4 PM on Thursdays to cater to your schedule. Explore our website at otpfcu.com for more information about our services and how we can assist you today! Call us at 716-373-0155 or stop by we look forward to welcoming you into our community-focused credit union family!

Welcome to Olean Teachers' And Postal, a cornerstone of financial support in Olean, NY. Established in 1952, our branch has proudly served the community for over seven decades, evolving to meet the changing needs of our members. Located at 1700 Constitution Ave, right in the heart of Olean, we are dedicated to providing accessible and affordable financial services. From humble beginnings, Olean Teachers' And Postal has grown into a vibrant community credit union with a total membership of 1,674 and total assets reaching an impressive $25,576,003. We have always believed that our strength lies in our commitment to supporting not only our members but also the wider community. This commitment drives us to offer personalized banking solutions like checking and savings accounts, auto loans, mortgage loans, and more. At Olean Teachers' And Postal, our mission is simple yet profound: we aim to empower our members by providing them with tools and resources that foster financial well-being. We believe that everyone deserves access to quality financial services that help them achieve their dreams. This is why we focus on offering competitive rates and exceptional customer service while ensuring that our operations remain ADA compliant for all. Our team works hard to create meaningful partnerships within the community. Whether it's through outreach programs or local events, we actively engage with residents and businesses alike. We take pride in being a trusted resource where members can turn for guidance on managing their finances effectively. While you can visit us at our branch location for face-to-face interactions during our operating hours (Monday through Thursday from 8 AM to 4 PM and Friday from 9 AM to 5 PM), we also embrace technology by offering online and mobile banking options. Although we do not currently have ATM or drive-thru services available at this location, we strive to make every interaction as convenient as possible. If you need to reach us directly, feel free to call us at (716) 373-0155. For any official correspondence outside of your visits, please send it to our mailing address: 1700 Constitution Ave, Olean, NY 14760. We invite you to join the Olean Teachers' And Postal family today! Experience the benefits of being part of a credit union that truly cares about your financial journey. Visit our website at otpfcu.com or apply for an account directly here. Your future starts here!

Joining the Olean Teachers' And Postal community is more than just opening an account; it's about becoming part of a family that supports your financial journey. At our branch, located at 1700 Constitution Ave, Olean, NY 14760, we welcome individuals who live or work in our local area. This includes those employed by educational institutions and postal services, as well as their families. If you're curious about the specific eligibility requirements, you can easily find detailed information on our website here. Becoming a member at Olean Teachers' And Postal not only opens the door to a range of personalized banking services but also connects you with a team that genuinely cares about your financial health. The application process is straightforward and friendly just visit us or check out how to open an account online here. If you have any questions or need assistance, feel free to reach out to us at 716-373-0155. We look forward to welcoming you into our community!

At Olean Teachers' And Postal, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With a net worth of $2,442,279, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 9.55% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,448,455 in share certificates, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. This commitment is evident as we focus our resources on benefiting you through better loan rates and exclusive perks. With $2,442,279 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is also substantial; with $7,406,091 in total loans and leases and 122 used auto loans issued, we support our members' financial goals across various sectors. Our operational efficiency shines through with a net income of $0 this period. While it may seem modest at first glance, it reflects our commitment to maintaining the best possible service for our members without unnecessary expenses. We also take pride in having 4 full-time employees and 2 part-time employees at our branch. This dedicated team ensures that we're always ready to serve you with knowledge and care. Net Shares (Funds available for lending and investments) amount to $0 currently; however, this allows us flexibility as we navigate future opportunities for growth. Total Share Accounts stand at 3,306 showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Olean Teachers' And Postal is your trusted partner. Visit us at 1700 Constitution Ave Olean Ny 14760 or call 716-373-0155 to learn more about how we can help you achieve your financial goals.