PSECU

PSECU (also known as Pennsylvania State Employees Credit Union) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania.[1] PSECU is a not-for-profit financial entity[2] that serves more than 480,000 members and manages over $7.5 billion in assets.[3][4][5] Deposits by the members are regulated and insured by National Credit Union Administration (NCUA).[6]

PSECU
Pennsylvania State Employees Credit Union
TypeCredit union
IndustryFinancial services
Founded1934
HeadquartersHarrisburg, Pennsylvania, United States
Key people
George Rudolph
(President and CEO)
ProductsSavings; checking; consumer loans; mortgages; credit cards; online banking
Total assets US$7.5 billion (2020)
Number of employees
900
SubsidiariesPSECU Financial Services
Websitewww.psecu.com
PSECU headquarters in Harrisburg, Pennsylvania

History

PSECU was started in 1934 by 22 state employees who pooled $90 in assets to found the credit union and provide better lives for their families.[7]

See also

References

  1. "PENNSYLVANIA STATE EMPLOYEES CREDIT UNION - IBANKNET.COM". www.ibanknet.com. Retrieved 2020-10-15.
  2. ProPublica, Mike Tigas, Sisi Wei, Ken Schwencke, Brandon Roberts, Alec Glassford. "Pennsylvania State Employees Credit Union - Nonprofit Explorer". ProPublica. Retrieved 2020-10-15.
  3. "Largest Credit Unions in the United States". CreditUnionsOnline.com.
  4. "Pennsylvania State Employees Credit Union" (PDF). FICO. Retrieved October 15, 2020.
  5. Dagan, David. PSECU plans move to Susquehanna Township. Central Penn Business Journal. 25 Oct. 2007.
  6. Zhen, Simon (2020-08-10). "PSECU Review: Digital-First Approach, Great Products". MyBankTracker. Retrieved 2020-10-15.
  7. "Our Story". psecu.com. Retrieved 9 February 2021.


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