1961-1970

In the 1960's changes in federal legislation first allowed Selfreliance Federal Credit Union to provide 10 year mortgage and construction loans to its members. Members did not pay points, which in most financial institutions cost between 1% and 3% of the borrowed sum. This was a significant savings for members.

Selfreliance Federal Credit Union has pursued a policy of active involvement within the Ukrainian community and acted as a stimulus for the community's growth. With the help of Selfreliance, 20 motels were purchased, renovated or built in Wisconsin Dells during the 1960's. The Ukrainian-owned properties in the tourist center of Wisconsin Dells were assessed at $18 million in the early 1970's.