Philadelphia Federal Credit Union

Philadelphia Federal Credit Union (PFCU) is a credit union headquartered in Philadelphia. It is chartered and regulated under the National Credit Union Administration (NCUA).

Philadelphia Federal Credit Union
HeadquartersPhiladelphia, PA
EstablishedApril 16, 1951 (1951-04-16)
PresidentJames McAneney
CurrencyUSD
Websitehttp://www.pfcu.com

PFCU is the sixth largest credit union in Philadelphia.[1] PFCU has more than US$900 million in assets,[2] and over 112,000 members. The PFCU Operations Center is located at 12800 Townsend Road in Philadelphia.

History

April 16, 1951 - PFCU receives its charter from the NCUA.[3]

1983 - the Temple University Federal Credit Union merges with PFCU.

October 10, 1998 - PFCU relocates its operations center to Townsend Road.

April 16, 2001 - PFCU celebrates its 50th anniversary.

April 16, 2011 - PFCU celebrates its 60th anniversary.

June 2012 – PFCU acquires New Bethel AME Federal Credit Union.[4]

Membership

PFCU is a member-owned, not-for-profit financial institution that requires membership. To become a member, a person must live, work, conduct business, worship, or study in Philadelphia or Columbia County, Pennsylvania or be a current or retired employee from a Select Employer Group.

References
  1. Oliver, Sharon. "Police & Fire Credit Union, topped the List of Credit Unions ranked by total 2013 assets". bizjournals.com/. Philadelphia Business Journal. Retrieved 15 December 2014.
  2. Baxter, Missy. "Lost Wallet Reveals Kindness of Strangers". cutimes.com/. Credit Union Times. Retrieved 15 December 2014.
  3. Administration.http://www.philadelphia.coop/phillycoops/philacoophistory/
  4. Blumenthal, Jeff. "Two Philadelphia credit unions merge". bizjournals.com. Philadelphia Business Journal. Retrieved 15 December 2014.


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