About USPS FCU

Like people, not all financial institutions are alike. People like you look for better alternatives to managing their money. U. S. Postal Service Federal Credit Union (USPS FCU) offers you an option. You can choose to eliminate high-interest loans and high fees by choosing to join our Credit Union. U. S. Postal Service Federal Credit Union is uniquely different from a bank, finance company, Savings & Loan, or Thrift. Once you join, you'll be immediately eligible for our low or no-fee financial services, lower interest rates for loans, and higher yield investment and savings accounts, plus outstanding member services and the attention you deserve. Joining is easy. If you are eligible, just open a Share Account which represents your ownership in the Credit Union. Your share begins your lifetime of Credit Union benefits.

What is a Credit Union?

The credit union cooperative concept originated in Germany during the mid-1800s. A group of farmers, tired of high prices and outrageous interest rates, combined their money to buy supplies and establish a common pool for members to borrow from at lower interest rates. Today's credit unions are similar. A credit union is a member-owned and not-for-profit financial cooperative. Deposits provide money for members who need loans. Members usually earn higher dividends on savings and pay lower interest rates on loans. Currently, there are over 11,700 credit unions in the United States with more than 74,000,000 members. Although credit unions have changed over the years to meet the demands of their members, our long-standing philosophy of 'People Helping People' has remained the same. USPS FCU is part of a long-standing tradition in personal financial management. USPS FCU has been serving its members since 1934 when it was founded to serve employees of the Unites States Postal Service. We now serve over 23,300 members. Our membership also includes members from several Select Groups (SG).

Board of Directors & Supervisory Committee

U. S. Postal Service Federal Credit Union is a member-owned and operated, not-for-profit financial cooperative chartered under federal law. USPS FCU has been providing sound financial support for its members for many years through the efforts of its Board of Directors, Supervisory Committee, and professional staff. Each group performs different functions to ensure the integrity and soundness of the Credit Union.

The Board establishes loan and savings policies and directs the affairs of the Credit Union. The Supervisory Committee oversees the financial affairs and strength of your Credit Union. If you would like to know more about the functions of your Board and Supervisory Committee, give us a call and/or attend the Annual Meetings.

Board of Directors

Michael E. McCartney

Michael E. McCartney

Chairman

Mr. McCartney, a member since 1981, served on the Board since 1996 and as Chairman for over 10 years.  Mike earned a BS in Accounting an MPA and has over 30+ years’ experience in various positions in finance with the US Postal Service.  His current responsibilities include reporting on major capital investments to senior management and the Board of Governors.

Richard E. Gatewood

Richard E. Gatewood

Vice Chairman/Director of Technology/Operations

Mr. Gatewood has been a member of the Credit Union since 1980. He has served on the Board as Chairman, Vice Chairman, Director of Operations/Technology and the Supervisory Committee for two years prior to being elected to the Board in 1991.  He is a former Postmaster and retired Financial Systems Specialist, EAS -25, with the Postal Service in Revenue Assurance with 37 years of service.  He graduated from Rutgers University with a BS in Accounting and has extensive credits in an Administrative Science Master’s Program at GW University.

Thomas Dale Jr.

Thomas Dale Jr.

Secretary/Treasurer/Director of Finance and Strategic Planning

Mr. Dale has been a member of the USPS FCU since 1984, served on the Supervisory Committee for eight years, and has been on the Board for six and one-half years.  He served as Secretary/Treasurer of the Board and has served three years on the Board of the American Bowling Congress. He retired after 42 years as an accountant in the USPS Headquarters Finance Group in 2008.  He holds a BS degree in Business Administration from the University of Alaska, Juneau.

Gilbert A. Ford, Jr.

Gilbert A. Ford, Jr.

Director of Marketing

Mr. Ford has been a member of the credit union since 1990 and served on the Board for the past 20 years.  He has served as Vice Chairman, Finance Director, HR Director, and Strategic Planning Director. His 13 year Postal career included working on National Programs from a financial perspective. Mr. Ford also worked in various financial capacities for approximately 10 years with the General Services Administration. Currently, Mr. Ford is the Budget Director with the Federal Election Committee (FEC). He has served as Secretary/Treasurer of the Credit Union and as Trustee and Treasurer of his Church.  Mr. Ford holds a BS from Florida A&M University and a MBA in Accounting from LaSalle University (Philadelphia).

Timothy S. Gavagan

Timothy S. Gavagan

Director

Mr. Gavagan joined the Credit Union in 1993 and the Board in 1999.  He has served as Vice Chairman, Finance Director, HR Director, and Strategic Planning Director. He holds a degree from NY University and attended Hunter College, CCNY and Long Island University for studies in business communications, finance, accounting and marketing. During his USPS career he worked in the areas of business communications, management systems auditing, supply chain management and journalism. 

Charles A. McCullough II, Esq.

Charles A. McCullough II, Esq.

Director

Mr. McCullough has been a member since 1988.  At USPS Headquarters, McCullough served in the Finance Function. As a lawyer he served in the general counsel’s office of Harvard University, US General Services Administration, DC schools, and the National Board as counsel to the president.  Most recently, McCullough was appointed as a deputy director of the Australian Embassy in Washington, DC.  Mr. McCullough holds a BA from Pepperdine University and MA/JD from Boston College. To learn more or share your ideas, visit McCulloughUSPSFCU.com.

Richard Yessian

Richard Yessian

Director of Human Resources

Mr. Yessian, a retired Postal Executive, has been a member of the USPS FCU since 1972.  He served in the Headquarters Finance Group and Engineering.  Mr. Yessian was a Board member or Chairman of the Supervisory (Audit) Committee of the CU from 1992 to 2014. His responsibility required knowledge of banking operations, regulations safeguarding member’s deposits and hired the outside auditors.  As a member of the Board, he has led the Board’s initiatives on Facilities, Mergers, HR and Marketing.  He has college degrees from City University of NY and NY University emphasizing business and technical disciplines.

Supervisory Committee

Chairman: William Batterton
Member: Amy Rose
Member: Richard Strasser, Jr.
Member: Leonardo Green
Member: Mark S. Berthold

If you are interested in volunteering for the Supervisory Committee or have any concerns that deal with integrity, accounting, internal controls or other auditing matters, please contact us at:
U. S. Postal Service Federal Credit Union
ATTN: Supervisory Committee
7905 Malcolm Road
Suite 311
Clinton, MD 20735-1730

USPS FCU Shared Vision and Values

Our vision is Service Excellence. We will achieve our shared vision by believing and practicing our shared core values:

  • Respect
  • Positive Attitude
  • Team Spirit
  • Honesty
  • Consistency
  • Education
  • Personal Achievement
  • Communication
  • Safety & Security