The Olean Teachers & Postal Federal Credit Union was chartered in 1952. It is a not-for-profit financial institution owned and controlled by the members and is operated for your benefit through a Board of Directors elected by the members. The Board of Directors is the policy making and the governing body of the Credit Union.

Office Staff: Patricia N. Sander, Manager Sherry M. Witruke, Asst. Mgr. Marlene Garvin Sara K. Yeager Megan Owens	Credit Committee: Shirley Jones Carolyn McCarthy Julie Fusiara Sandra Carpenter Merlyn Gore
Board of Directors: Ben H. Schwabenbauer, President Anthony Kopko, Vice-Pres. Ronald F. DaPolito, Treasurer Charlene Sendlakowski, Secretary William Andrew Jubera Richard Piccioli Kathleen Porcello Timothy C. Gore Gerald A. Trietley	Supervisory Committee: Frances Clawson Charles E. Kennedy Mahlon Ramarge Kathleen Porcello Harry Wolfrom

It is the Olean Teachers’ & Postal Federal Credit Union's mission to serve our member’s by providing them with outstanding service, advanced products, & convenience.


Who may Join?

• Employees of the following schools: Allegany-Limestone Central, BOCES, Hinsdale Central, Montessori, Olean Public Schools, Olean Business Institute, and Portville Central School
• Employees of the U.S. Postal Service
• Employees of the U.S. Government and NYS who work in Cattaraugus or Allegany County

Included are spouses of persons who died while within the field of membership, persons retired as pensioners or annuitants from the above employment, members of their immediate family or household and organizations of such persons.

How to Join?
To be eligible to join the Olean Teachers' & Postal Federal Credit Union, you must fill out a membership card, which we keep on file at the credit union office. You may elect to have a single name account or a joint account. If you elect to have your spouse as your joint member you cannot remove their name unless they agree to have it removed by signing off the account.

A $6.00 deposit is required to open your account, which purchases one credit union share in the amount of $5.00 and a $1.00 membership fee. The $5.00 remains in your account until you with to close it permanently. We do ask that you keep your account active either through payroll deduction or regular deposits.

Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account

What this means to you
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We will also ask to scan your drivers license or other picture identification documents for our photo identification program.

Thanks for you understanding and help in this critical effort. The war on terrorism will be fought on many fronts, and this is one of them.