Your One Stop For Banking Rates, Info, Articles, And Useful Tips!
www.Bankrate.com
Provider of services such as savings, payroll deductions, IRA accounts, mastercards, Certificate of Deposit's, low cost loans, 24 hour touch tone telephone service and share draft accounts.
www.1776creditunion.org
A member-owned, not-for-profit, full-service financial cooperative providing a host of products and services.
www.akvfcu.com
Provider of low or no-fee financial services, low interest rates for loans, and high yield investment and savings accounts, and other member services.
www.americomfcu.org
Not-for-profit and member-owned financial institution providing products and services, including savings and checking accounts and loans.
www.apfcu.org
Full-service financial institution offering services including savings and checking accounts, individual retirement accounts, certificates of deposit, consumer loans from personal loans to mortgages, and credit, debit, and ATM cards. Investment...
www.arcfcu.org
Provider of savings, loans, card and vehicle services.
www.autoworkersfcu.org
Not-for-profit, financial cooperative providing savings accounts, loans and financial services.
www.bellcofcu.org
Not-for-profit financial provider of banking services to educational institutions and service organizations.
www.btcu.org
Provider of share accounts, loans and other benefits and services.
www.bwfcu.com
Independent financial cooperative offering banking products and services to school employees. Non-school related organizations permitted to join on a selected basis.
www.cbwsfcu.org
Not-for-profit financial cooperative offering offers a variety of savings and investment programs and loans.
www.ckfcu.org
Provider of banking products and services.
www.epbfcu.com
Member-owned, not-for-profit financial institution providing banking products and services.
www.fricktricountyfcu.org
Provider of services such savings/shares and loans.
www.friendlyfcu.org
Provider of financial products and services to more than sixteen thousand members and their families employed by select employee groups throughout York County, Pennsylvania.
www.heritagevalleyfcu.org
Financial cooperative providing services, including savings, loan, car and audio response.
www.hersheyfcu.org
Provider of financial products and services, including shares, loans, visa cards, safe deposit, e-filing and MAC.
www.mayfairfcu.org
Provider of financial services and products, including visa card, shares, loans, Certificate of Deposit's, Individual Retirement Accounts and more.
www.mvcfcu.com
Provider of financial products and services, including checking and money management, savings and investments, loans and member benefits.
www.ncfcuonline.org
Provider of banking products and services, including certificates, MAC access card, online banking, loans, checking accounts and more.
www.netfedcu.org
Provider of savings and checking accounts, loans, mortgages and more.
www.pc-fcu.org
Provider of savings, club and certificate accounts, loans, 24 hour ATM and phone access. No fees on most services.
www.penneastfcu.com
Provider of financial products and services, including direct deposit, wire transfer, money access cards(MACs), full service checking, vacation share accounts and more.
www.pghffcu.com
Provider of financial products and services for the Penn State community.
www.psfcu.org
Provider of financial services at competitive rates.
www.smafcu.com
Provider of financial products and services. Memberships available to individuals belonging to a church in the 15120 zip code area, residents of Munhall, Whitaker, West Homestead or Homestead Boroughs, or individuals employed in the 15120 zip c...
www.triboro-fcu.org
Provider of financial products, including personal loans, mortgages, Visa Credit and Debit Cards, savings and checking accounts, IRA's and Money Market accounts.
www.usscofcu.org
Provider of savings and loan programs for Rostraver, Donora and Monessen residents. Home banking also available.
www.valley1st.org
Provider of lending and deposit services. Home banking also available.
www.vapghefcu.org
Provider of financial products, including shares and loans. Financial services provided include ATM card, money orders, savings bonds and Western Union wiring capabilities.
www.vascofcu.com
Provider of financial services and products. Memberships available to any employee, active or retired, or family member from specific educational institutions in Washington County, Pennsylvania.
www.watfcu.org
Provider of savings and loan programs. Other services also available.
www.westppfcu.com
Provider of financial products and services. Membership open to employees, students and retirees of the Wyoming Valley West School District. Family and household members also eligible.
www.wyo-val-westfcu.com
Provider of financial products, including share accounts and loans. Services also available.
www.ytwfcu.com
Your One Stop For Banking Rates, Info, Articles, And Useful Tips!
www.Bankrate.com
Federally chartered credit unions in Pennsylvania may meet a firm’s needs better than a traditional bank. A credit union is owned by its depositors, meaning you (the account holder) have a say in how to run the business. Each member of a credit union gets one vote at the annual election of the Board of Directors.
A Pennsylvania federal credit union is a non-profit entity. This lets it operate at a lower cost than a traditional bank. A Pennsylvania credit union passes through savings to you in the form of higher savings account rates and lower loan interest rates. When choosing a Pennsylvania federal credit union, consider:
1. The advantages of federally chartered credit unions in Pennsylvania over traditional credit unions.
2. Eligibility requirements to join Pennsylvania federal credit unions.
3. Major players among federal credit unions in Pennsylvania.
Action Steps
The best contacts and resources to help you get it done
Learn about the advantages and disadvantages of Pennsylvania federally chartered credit unions
According to the National Credit Union Administration (NCUA), a federal credit union in Pennsylvania is a 'financial cooperative chartered by the federal government and owned by its members...Surplus income is returned to members in the form of dividends.' A federal credit union has more protections than 'average' credit unions. Examples include more frequent audits of financial records, mandatory financial reserves to offset uncollectible loans, control of investments of surpluses and annual exams by the NCUA. The National Credit Union Share Insurance Fund (NCUSIF) bonds accounts in federal credit unions up to $100,000. The main drawback to a credit union is that membership is limited to groups of people with a common bond such as the same employer, association or area of residence. Choose the best Pennsylvania employees credit union for your business.
I recommend: Visit the NCUA website (part of the government entity Pueblo). Learn how the NCUSIF protects your company’s Pennsylvania state credit union deposits.
Meet eligibility requirements to join a Pennsylvania state credit union
Visit a prospective credit union's website or call to find out the requirements for joining. Requirements vary greatly based on the credit union's federal charter. For example, the APCI Federal Credit Union is restricted to employees, interns, retirees and immediate family members of those who work for Air Products and Chemicals, Inc. or the Air Products Healthcare Company. Some credit unions allow business memberships; others only offer individual memberships. You might want to consider forming a credit union for your employees or collaborating with a local credit union so your employees can benefit from membership.
I recommend: Visit the National Credit Union Administration to search for federally chartered credit unions in Pennsylvania. See if your business meets eligibility requirements for the APCI Federal Credit Union.
Compare and contrast a few players among federally chartered credit unions in Pennsylvania
Here is a small listing of some other Pennsylvania federally chartered credit unions. The Erie Times Federal Credit Union draws from a diverse network of members including 29 local employers (such as the Camboro Veterinary Hospital, Sue's Notary Service and Whipple-Allen Real Estate), and those who live, worship, work or go to school in and around the city of Erie. This organization offers a variety of loans, checking and savings accounts and insurance products. The Wilkes-Barre Postal Federal Credit Union offers membership to those postal employees who work in Bradford, Carbon, Luzerne, Monroe, Sullivan, Potter, Tioga and Wyoming Counties and their immediate family members, as well as some local businesses. This credit union offers secured and unsecured loans, checking and savings accounts and 'Christmas Club' savings incentives.
I recommend: See if your firm qualifies to join the Erie Times Federal Credit Union or the Wilkes-Barre Postal Federal Credit Union. Other major credit unions include the Pennsylvania Central Credit Union, the University of Pennsylvania Credit Union and the Freedom Credit Union Pennsylvania.
Tips & Tactics
Helpful advice for making the most of this Guide
- • Shop around. As a company in the state of Pennsylvania, you may qualify to join more than one federally chartered credit union in Pennsylvania. Make sure to compare interest rates for loans, savings and checking accounts to get the best deal.
