Ukraine invasion hits home

Selfreliance Federal Credit Union creates fund to support war effort and displaced people.

Selfreliance Federal Credit Union President/CEO Vitaliy Kutnyy.

The war in Ukraine hits home for many Selfreliance Federal Credit Union employees and members.

The Ukrainian founders of the $800 million asset credit union in Chicago were displaced by World War II. Now, the credit union is supporting Ukrainians displaced by the ongoing Russian invasion of Ukraine, which started Feb. 24.

“Most of our employees have close family in Ukraine, so what is happening in Ukraine is very close to them,” says Selfreliance Federal President/CEO Vitaliy Kutnyy, who immigrated to the U.S. in 2002 and has worked at the credit union since October 2002, when he took a part-time role while attending Loyola University. “It is tough … our cities are being destroyed, innocent people are being killed, many people are displaced, kids lost parents … Because our staff are under huge stress, we put many credit union projects and business initiatives on hold at this time.


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