Olean Teachers & Postal Credit Union
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With these difficult times we wanted to assure you that your money is safe with the Credit Union. DO NOT call them. This is a scam and they will ask for your 16 digit account number. If our company calls you they already have your account number. If you have any questions before you give out any personal information contact us and we will check it out.
Services
The Olean Teachers and 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.
Truth-in savings forms, regarding how dividend are paid, fees, and other services can be picked up at the Credit Union office. The Credit Union offers a wide variety of savings and term deposits accounts to help you save and plan for your future. The share savings account serves as your share ownership in the Credit Union.
Group Credit Insurance Group credit insurance is voluntary and not a requirement of your loan. To be eligible for Group Credit Life and/or Disability insurance, your loan must mature before your 70th birthday. Additionally, to be eligible for Credit Disability Insurance, you must be actively at work and gainfully employed at least 20 hours per week.
The Credit Union is currently not paying a dividend on share draft checking accounts regardless of the balance. If on any day your balance falls below the minimum balance you will not receive dividend for that day. If you close your account before the accrued dividend is paid you will not receive a dividend.
Reviews (1)
Dave Stevens
Dave Stevens
Jun 04, 2017
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Picture perfect customer service from the best staff. I've been doing business with OTPFCU for almost 40 years and have always been more than satisfied.