LOCATIONS

MAIN OFFICE
605 Davis Street
Scranton, PA 18505

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About Us

Annual Meeting April 5, 2014

The annual meeting and election of officers will be held at the Main Office, 605 Davis Street, in Scranton.  Elections will take place from 6 PM to 7 PM.  Refreshments will be served.

Join us for our 80th Annual Meeting

There are three openings for Board of Director, which are three year terms.  Nominations should be addressed to the Nominating Committee, First Credit Union of Scranton, 605 Davis Street, Scranton, PA 18505.  Nominations will not be taken from the floor on the night of the meeting.  Nominations will close and will not be accepted after March 15, 2014

We hope to see you there!

 

 

HISTORY

First Credit Union of Scranton was founded in 1934 as the Scranton Postal Employees Credit Union. It was the first credit union in Scranton and one of the first in the state. The credit union later changed it's name to the Scranton Federal Employees Credit Union, and in 1997 the name was changed to First Credit Union of Scranton.

PHILOSOPHY & STRUCTURE

Credit unions are democratically owned and controlled institutions based on 'people helping people' principles. Credit union boards of directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and directors serve without compensation. Credit unions have no outside stockholders, so after reserves are set aside, earnings are returned to members in the form of higher dividends on savings, lower loan rates and lower cost services.

BENEFITS OF MEMBERSHIP

Founded on the basic democratic premise of the cooperative movement, credit unions believe that access to low-cost financial services is critical to the health and stability of ordinary citizens. In fact, nearly 80 million Americans trust that their credit union will provide the services to improve their financial well being. Credit union membership offers many benefits. Services offered range from simple savings to home equity loans to IRAs. Study after study has revealed that on average, credit unions provide the best financial offerings with fewer fees, lower rates on loans and higher rates on savings. And credit unions continually score higher than all other financial institutions in consumer satisfaction surveys. Credit unions strive to deliver the best possible service to their most important asset -- their members.

SECURITY CENTER

The protection of your account and personal information is very important to First Credit Union of Scranton. read more