This year marks a remarkable milestone – 73 years of Ukrainian Selfreliance Federal Credit Union (UKRFCU) serving our members and communities with dedication, integrity, and heart. From our humble beginnings in 1952, originally named ‘The Philadelphia Federal Credit Union‘ was established with a membership of 223 and initial deposits of $52,000. Since 1952, the Credit Union changed its name to the Ukrainian Selfreliance Federal Credit Union (UKRFCU) and has grown to over $500 million in assets and more than 16,000 members to become one of the largest Ukrainian-American credit unions in the United States; our journey has been one of growth, resilience, and unwavering commitment to our mission. Together, we’re championing our community and turning financial goals into meaningful, lasting achievements.
Our Roots: A Legacy of Selfreliance
UKRFCU was founded by Ukrainian immigrants in Philadelphia who believed in the power of community and mutual support. Their vision was simple yet profound: to create a financial institution that would empower Ukrainian Americans to build better lives through access to fair and reliable financial services.
Growth Through the Years
Our 72nd Annual Meeting, held on April 5, 2025, at the Ukrainian Educational & Cultural Center in Jenkintown, PA, was a celebration of our achievements and a reaffirmation of our mission.
Here are some highlights from the past year:
- $13.2 million in dividends distributed to members
- Support for over 130 community organizations and events, including humanitarian aid for Ukraine
- Continued financial strength and sound governance, as reported by our Supervisory Committee
- A growing membership base and expanded services across multiple states
As CEO Anatoli Murha stated in the 2024 Annual Report, “Our commitment in 2024 was centered on ‘Championing Our Community’ while upholding our legacy of financial stability.”
From better rates to personalized service, we empower you to take control of your money and your future. That means higher returns on your savings, lower rates on loans, honest and insightful guidance, and access to valuable financial education. We’re committed to helping our members make informed financial decisions, reach their goals, and build lasting relationships with us every step of the way.
A Future of Unity and Strength
Looking ahead, UKRFCU is preparing for an exciting new chapter. In 2025, we are moving forward with a proposed merger with Self Reliance New York Federal Credit Union. As Chairman of the Board of Directors, Askold Sandurskyy stated in the 2024 Annual Report, “This historic union will create the largest Ukrainian-American credit union by assets. By combining our strengths, we enhance our ability to serve members with greater financial stability, expanded services, and a stronger presence across key metropolitan areas.” We help our members grow, because they help us grow.
This merger will allow us to:
- Expanded access to personal finance opportunities
- Invest more deeply in our communities and employees
- Preserve and enhance our shared mission of supporting the Ukrainian-American community
Thank You for 73 Incredible Years
None of this would be possible without you, our members. Your trust, loyalty, and participation have shaped UKRFCU into what it is today. As we honor our past and embrace the future, we remain committed to being your trusted financial partner and a pillar of strength for our community.
Here’s to 73 years of Selfreliance, service, and solidarity, and many more to come. Happy Birthday to UKRFCU! Многая Літа!