Pennsylvania State Employees Credit Union is headquartered in Harrisburg and is the 2nd largest credit union in the state of Pennsylvania. It is also the 38th largest credit union in the nation. It was established in 1933 and as of June of 2023, it had grown to 818 employees and 576,853 members at 2 locations. Pennsylvania State Employees Credit Union has a B+ health rating.
Membership in Pennsylvania State Employees Credit Union is open to all U.S. citizens and resident aliens through membership in the Pennsylvania Recreation & Parks Society ($20 membership fee). Membership is also open to Pennsylvania state or local government employees, municipality or school district employees, students, faculty, staff and alumni of universities in the Pennsylvania State System, and over 1,000 Select Employer Groups.
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Good people to work with. Excellent customer service. Great rates for used car loans. Easy qualifications. Got approved @ 773 CS after doing a successful credit score boost with credit boost helpers. Will use again for my next loan. Love the ease to getting the loan. Will recommend them for car loans and creditboosthelpers @ gmail .com for credit repairs.
...and I wanted to add my voice to the many that have expressed their admiration and gratitude. My wife and I spent the entirety of Friday 11/8 becoming members. We were approved in the late afternoon, too late for a same-day wire, but we initiated a wire transfer Friday evening to be executed on Tuesday morning. When we heard of the impending rate change on Saturday morning, we tried everything, even a mobile deposit (didn’t work). We’d have felt very burned if PSECU had left us in the cold—and we were well aware that that could happen. But PSECU acted honorably, in the best tradition of how America’s financial system *should* operate. I was reminded of Jimmy Stewart in “It’s A Wonderful Life.” Kudos to the management for a wise decision and to the tireless CSRs who put up with all of us. Reputation matters. PSECU is a five-star outfit.
PSECU has great customer service and some good savings products. But with a limit of only $2,000 per day in ACH transfer, they can hold on to your cash for a long time.
Ever since COVID it's like they do the bare minimum to get by. I attempted (key word, attempted) to do a balance transfer a little over 2 weeks ago... the balance has not been transferred and PSECU is blaming the post office. They can't help with any request and just give you the lamest explanations that really don't explain anything. This credit union will make you want to stand in traffic. They need to do better but I don't think they will.
Overall | |
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NCUA # | 64131 |
Year Chartered | 1933 |
Employees | 818 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.45% |
Return on Equity - YTD | 4.78% |
Annual Interest Income | $197.4MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $8.26B$8.32B |
Loans | Q2 2023vs Q2 2022 | $6.27B$5.95B |
Deposits | Q2 2023vs Q2 2022 | $7.44B$7.53B |
Equity Capital | Q2 2023vs Q2 2022 | $784.3MM$744.0MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$51.3MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $49.6MM$23.6MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Rates for Pennsylvania State Employees Credit Union are currently being reviewed.
Pennsylvania State Employees Credit Union Locations | ||
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Branch Office | 121 Strawberry Sq | Harrisburg, PA 17101 |
Branch Office | 1 Credit Union Pl | Harrisburg, PA 17110 |