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.

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