POLISH NATIONAL CREDIT UNION
46 MAIN STREET, CHICOPEE, MA 01020 www.pncu.com

Total Revenue
$22,780,451
Total Expenses
$20,957,712
Net Assets
$80,285,821

Organizations Filed Purposes: PNCU IS A NON-PROFIT ORGANIZATION THAT IS OWNED BY THE MEMBERS. EACH MEMBER MUST OPEN AN ACCOUNT TO BECOME A MEMBER. EACH MEMBER IS ALLOWED TO CAST ONE VOTE AT THE ANNUAL MEETING. THE SLATE OF THE BOARD OF DIRECTORS IS VOTED BY THE MEMBERS. PNCU HAS 12 BOARD MEMBERS WHO ARE VOLUNTEERS. THEY ARE NOT COMPENSATED FINANCIALLY IN ANY WAY.

AS A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE, POLISH NATIONAL CREDIT UNION IS COMMITTED TO OUR MEMBERS WE WILL UPHOLD OUR FUNDAMENTAL RESPONSIBILITY TO ACTIVELY SERVE PEOPLE WITHIN OUR FIELD OF MEMBERSHIP, AND AS APPROPRIATE, THE COMMUNITIES THEY LIVE IN WE WILL TREAT ALL MEMBERS WITH RESPECT AND DIGNITY AND WE WILL OFFER HONEST, FAIR DEALS TO ALL MEMBERS WE WILL DELIVER A RANGE OF LOW COST PRODUCTS AND SERVICES TO THE DIVERSE ECONOMIC AND SOCIAL MAKE-UP OF OUR MEMBERS AND POTENTIAL MEMBERS WE WILL LOOK FOR BETTER WAYS TO REACH THE'" UNDER-SERVED IN OUR FIELD OF MEMBERSHIP AND WE WILL CONTINUALLY, IN ALL FACETS OF OPERATION, DEMONSTRATE THE VALUE OF MEMBERSHIP IN OUR CREDIT UNION.WE WILL MONITOR AND COMMUNICATE OUR SERVICE IN A MEANINGFUL WAY SO THAT MEMBERS, POTENTIAL MEMBERS, LEGISLATORS, REGULATORS AND THE COMMUNITY AT LARGE WILL UNDERSTAND AND APPRECIATE THE UNIQUE ROLE THAT MEMBER-OWNED FINANCIAL COOPERATIVES PLAY IN THEIR LIVES.

MEMBERS HAD 45,903 DEPOSIT ACCOUNTS TOTALING APPROXIMATELY $486,064,000. DIVIDENDS AND INTEREST ON MEMBER DEPOSITS APPROXIMATED $5,090,000 FOR THE YEAR ENDED DECEMBER 31, 2019. AS OF DECEMBER 31, 2019, THE CREDIT UNION HAD 7,176 LOANS OUTSTANDING TOTALING APPROXIMATELY $517 MILLION. ADDITIONALLY, APPROXIMATELY 660 SAFE DEPOSIT BOXES WERE USED BY MEMBERS DURING 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
James P KellyPRESIDENT & CEO40$409,306
Michael SugrueEVP40$185,158
Kathi DonahueSVP COMMERCIAL LENDING40$174,272
Charlotte HansenCFO\SVP40$161,090
Kirk BurnhamSVP OPERATIONS40$147,339
Tracey EgloffVP RESIDENTIAL LENDING40$140,937
Richard AndreVP MEMBER SERVICES40$105,432
Gary ZiembaDIRECTOR5$0
Dr Anthony ZepkoDIRECTOR5$0
Michael WoishnisDIRECTOR5$0
Janina SurdykaDIRECTOR5$0
Ralph SlateDIRECTOR5$0
Eugene PrzybylowiczDIRECTOR5$0
John MurphyDIRECTOR5$0
Stanley MatrasDIRECTOR5$0
Henry LenartDIRECTOR5$0
James KellyDIRECTOR5$0
William JebbDIRECTOR5$0
Benjamin DavisDIRECTOR5$0
Edward CzepielDIRECTOR5$0
Robert MoritkoVICE CHAIRMAN5$0
Stephen BurkottBOARD CHAIRMAN5$0
Edward RybakBOARD CHAIRMAN5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021839349301922_public.xml