PSECU
PSECU (also known as Pennsylvania State Employees Credit Union) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania.[1] PSECU is a non-profit financial entity,[2] serves over 450,000 members and has over $5 billion in assets.[3][4] Deposits by the members are regulated and insured by National Credit Union Administration (NCUA).[5]
Type | Credit union |
---|---|
Industry | Financial services |
Founded | 1933 |
Headquarters | Harrisburg, Pennsylvania, Pennsylvania, United States |
Key people | George Rudolph (President) |
Products | Savings; checking; consumer loans; mortgages; credit cards; online banking |
Total assets | US$5.5 billion (2019) |
Number of employees | 900 |
Subsidiaries | PSECU Financial Services |
Website | psecu.com |
History
PSECU was founded in 1933 by H. Andrew Hanemann, during the period of Great Depression.[6] At the time of inception, it had only 22 members, contributing just $90 worth of assets.
See also
References
- "PENNSYLVANIA STATE EMPLOYEES CREDIT UNION - IBANKNET.COM". www.ibanknet.com. Retrieved 2020-10-15.
- ProPublica, Mike Tigas, Sisi Wei, Ken Schwencke, Brandon Roberts, Alec Glassford. "Pennsylvania State Employees Credit Union - Nonprofit Explorer". ProPublica. Retrieved 2020-10-15.
- "Pennsylvania State Employees Credit Union" (PDF). FICO. Retrieved October 15, 2020.
- Dagan, David. PSECU plans move to Susquehanna Township. Central Penn Business Journal. 25 Oct. 2007.
- Zhen, Simon (2020-08-10). "PSECU Review: Digital-First Approach, Great Products". MyBankTracker. Retrieved 2020-10-15.
- McCabe, Shannon (2017-11-14). "PSECU: supporting financial literacy since 1933". The Quad. Retrieved 2020-10-17.
External links
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