In November 1980, a small group of motivated employees met in the Town of Cheektowaga Police Department’s pistol range room. These individuals laid the foundation for what would soon become the Town of Cheektowaga Employees Federal Credit Union. Among those involved in its formation were David J. Kulik, Joanne Imiola, Robert Lis, Gary Wolinski, and Sylvia Slawiak.
Each person pledged to invest at least one share ($20.00) to help establish the new organization. The group’s primary objective was to create a financial cooperative where Town employees could save money and, in turn, provide loans to fellow members for responsible purposes.
On November 13, 1980, a federal charter was granted, officially establishing the credit union. The original Board of Directors consisted of Robert M. Lis, President; Mary Gawron, Vice President; James Matecki, Vice President; Sylvia Slawiak, Secretary; and David Kulik, Treasurer.
On March 2, 1981, the Cheektowaga Town Board approved payroll deduction, allowing members to conveniently contribute to their accounts.
Since our founding in 1980, we have grown significantly. Our first office opened on July 17, 1984, on the Town of Cheektowaga campus at 1 Credit Union Drive. As membership expanded, we relocated to a credit union trailer on May 26, 1988, where we continued to enhance our services.
On December 13, 2004, we moved into our permanent home, marking a major milestone in our history. At that time, the word “Employees” was removed from our name, and we became the Town of Cheektowaga Federal Credit Union.
Today, thanks to more than 46 years of dedication and loyalty from our members, we proudly serve over 1,500 members and manage assets exceeding $38 million. With your continued support, our future remains strong and full of opportunity.
