POCUC Supports New York Police Credit Union
By2/27/08 By Lindsey Siegriest Credit Union Times
Police Officers CU Conference Committee Helps Form New York Police CU A brand new police credit union–The Finest Federal Credit Union–is in the process of being created with the help of Chicago Patrolmen’s Federal Credit Union, Delaware State Police Federal Credit Union, and Police Federal Credit Union.
The three credit unions are in charge of the formation and management of the Police Officers’ Credit Union Conference, and each gave $100,000 to assist The Finest Federal Credit Union in its efforts to obtain a charter from the NCUA. If granted a charter, The Finest FCU will serve the law enforcement community of New York City.
Paul McCormack, deputy inspector of the New York City Police Department and future chairman of The Finest FCU, expressed his appreciation for the support the effort has received. “My sincere thanks goes out to the Police Credit Union Conference Committee,” said McCormack. “They are providing a tremendous level of support and have created exactly the impetus and interest we need to build the required capital.”
