APS adds new national partner

The American Philatelic Society (APS) recently announced a new partnership with the U.S. Postal Service Federal Credit Union (USPS FCU), a Maryland-based federal credit union serving current and retired USPS employees.

The partnership will make the APS a “Select Group,” allowing its members to join the USPS FCU, which will in turn become a presence at national APS shows. The USPS FCU will also provide financial educational opportunities to both groups’ memberships, support APS youth education programs, and help promote the hobby of 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 Jan. 28 at the AmeriStamp Expo in Atlanta, Geo. Following the vote, the USPS FCU applied to the National Credit Union Administration to receive Select Group status, which was approved on March 16. The final approval came from the USPS FCU board of directors at its monthly meeting on March 23.

“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 parties 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. 4-7 in Portland, Ore.

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