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Welcome
to UHD Federal Credit Union in Buffalo, New York. We are now entering the 41st
year of service. It was established by/for the post
WWII Ukrainian immigrants in Buffalo, strictly as
a means of "people helping people". As in
other major cities in the United States they were
showing their pride, and sharing a common heritage
in being Ukrainian. The community leaders were trying
to cement, traditions, culture and language for future
generations. The strength of the community was very
evident in the late 50's and 60's. Anyone who participated
during those times has vivid memories of his/her own
joys and sorrows, and contributions to the community.
The
catalyst for establishing a community credit union
was the late Dr. Nestor Procyk. In 1960 and 1961,
a lot of legwork and meetings had to be completed
before permission was granted to start a credit union.
The name "Dnipro "(river in Ukraine) was
chosen, it represented a link with Ukraine's historical
and folkloric significance. It was as if one should
speak the name Dnipro it would be an instant connection
to Ukraine. So much thought and emotion was connected
to establishing the credit union.
The
Organization Certificate was signed on October 31,
1962 by Nestor Wasylyn, Mykola Baryckyj, Bohdan Moroz,
Dmytro Pitolaj, Michael Belmega, Peter Baraniuk, and
Peter Bendyna. The Credit Union was going to give
added strength and cohesion to a budding community
of Ukrainian immigrants.
In
the beginning stages it was mostly volunteer work
for day to day operations. Everything was on a manual
system. To become a member of the credit union it
was required to be a member of the Ukrainian Home
Dnipro Social Club, and to make a deposit of $5.00
to open an account. As membership to the credit union
grew, one could apply for a loan. Many of our members
benefited from the loans granted to them. They had
an opportunity to buy a house, a car, or start a business.
It
has always been the philosophy of this credit union
to help one another. We have a wonderful brotherhood
and sisterhood in the city of Buffalo. The fact that
our credit union prospered during the years is testimony
to both the loyal support and confidence of its member-owners,
the quality of the staff, and the business philosophy
and strategic objectives by the Board of Directors.
We
are thankful for all of the people who had a vision,
who struggled with plans and ideas. They wanted something
better for their children and their children's children.
They wanted to leave a part of themselves in the Ukrainian
Community for ages and ages. |