POLAM Federal Credit Union

Our all-volunteer Board of Directors is elected by the members at the annual membership meetings. They are POLAM members who lend their managerial and financial expertise to guide the direction and mission of our credit union. The Supervisory Committee is also elected by the members.

These volunteers' responsibility is to serve as the audit committee of the credit union, ensuring that the credit union is soundly managed and that member assets are safeguarded.Please direct any suggestions or concerns regarding your account with POLAM to: POLAM Supervisory Committee P.O.

According to the Polish Consulate there are 200,000 Americans of Polish extraction living in Southern California. They have, of course, established themselves and created various political and cultural organizations. POLAM provides access to these websites in order to offer you additional information.

A savings account establishes your membership while your funds are Federally-insured to at least $250,000 by the NCUA. There are no monthly service fees even if your balance falls below the initial deposit of $100. As a matter of fact, you start earning interest on balances of $100 or more. You get free online and mobile access, as well as up to 3 free bank checks per month.

Get the best rate when you open a savings certificate. You can lock your money for an extended period of time ranging from 6 months up to 5 years. The longer the term, the better the rate. The minimum to open a savings certificate is $2,500 or $500 for members under 18 years of age. Your funds are Federally insured to at least $250,000 by the NCUA.

POLAM is not for profit so that means lower and fewer banking fees for you, when compared to traditional banks that operate for profit. For example, if you maintain a minimum checking account balance of $500, you avoid paying an already low monthly service fee of $5. There is no monthly service fee for members over 62 years old.