03/29/2016 (P1769)

American Philatelic Society Adds New National Partner: Stamp Collecting Organization Joins Forces With Federal Credit Union

BELLEFONTE, PA – The world’s largest stamp collector’s organization, the American Philatelic Society (APS), is pleased to announce a new partnership with the U.S. Postal Service Federal Credit Union (USPS FCU), a Clinton, Maryland-based federal credit union serving current and retired employees of the U.S. Postal Service nationwide. The arrangement includes making the APS a Select Group, allowing APS members to join the USPS FCU. In addition, the USPS FCU will become a presence at national APS stamp shows, providing financial educational opportunities to both groups’ memberships, supporting APS youth education programs, and becoming a partner in promoting stamp collecting.

“We are excited about the opportunity to partner with the U.S. Postal Service Federal Credit Union,” said Scott English, APS Executive Director. “Not only will we be adding a respected financial service provider for our members, we will also have a great partner in supporting the U.S. Postal Service and stamp collecting.”

The proposal was approved by the APS Board of Directors on January 28, 2016 at the AmeriStamp Expo in Atlanta, Georgia. Following that vote, USPS FCU applied to the National Credit Union Administration to receive Select Group status which was approved on March 16, 2016. The final approval came from the USPS FCU Board of Directors at its monthly meeting on March 23, 2016.

“We were very impressed with the active and loyal membership of the APS,” said Steve Cimino, Executive Vice President of the USPS FCU. “The organization is a perfect fit with our existing membership and we see great things happening for each organization by working together.”
Both the APS and the USPS FCU will immediately begin education efforts to their new audience to promote services and recruit new members. The USPS FCU will have a booth at the APS StampShow, the annual summer meeting, which will be held Aug. 4 to 7 in Portland, Oregon.

About the APS:
The American Philatelic Society is the world’s largest stamp collecting organization with more than 31,000 members around the world. The organization, founded in 1886, is dedicated to promoting the cultural and historical significance of U.S. and international stamps, creating a safe place to buy and sell stamps, and providing educational opportunities for both collectors and non-collectors of all ages. You can learn more about the APS or become a member at www.stamps.org.

About the USPS FCU
The U.S. Postal Service Federal Credit Union (USPS FCU) was established in 1934 by seven postal employees. They have a nationwide charter, which is a privilege only given to a few credit unions. In 2016, USPS FCU proudly serves more than 22,000 members across the country. While their primary membership includes employees and families of the U.S. Postal Service, they also have members from several Select Groups. They currently hold more than $200 million in assets and remain true to the cooperative philosophy “People Helping People.” They believe in empowering you through education and the delivery of high quality access for managing your money. Learn more about USPS FCU and the benefits of membership at www.uspsfcu.org