Our Story

We’re different than a bank. We’re a not-for-profit credit union. We also offer big benefits to members, such as free checking and low loan rates.

Our founders started PSECU in 1934 with a simple idea. By pooling their money and working together, they could provide better lives for their families. More than 80 years later, that idea is still at our core.

PSECU was born out of necessity. Our 22 founders were state workers, struggling against low wages and a high cost of living. They were living paycheck to paycheck. Banks didn’t want to lend them money, and loan sharks were charging as much as 40% interest. 

They had little control over their financial lives — until they came together to form a credit union. They called it the Pennsylvania State Employees Credit Union, or PSECU.

Although we’ve grown to include more groups than state employees and have more than 575,000 members, we continue to uphold our founders’ legacy. Then and now, we want to help you live better, whether that means saving more money, paying down debt, or achieving your family’s goals.

If you’re already a member, we’re glad you’re here. If you’re considering joining, we welcome you to be a part of our story. 

What PSECU Believes In

Our mission, vision, and values set us apart and guide us. For us, the credit union philosophy means one thing: opportunity. We’re focused on making our community stronger and giving back where it matters most, advocating for opportunity in all areas of life. We’re especially proud of our values. These are the core promises we make to members. These promises are simple, yet they’re values you can’t always find in the world of banking.

Our Mission

Provide life-long value to our members, empowering them to achieve more.

Our Vision

Be the preferred financial partner.

Our Beliefs

At PSECU, it is our desire that members come to recognize us as a fully trusted partner in serving their financial needs. To achieve this goal, we are dedicated to adhering to the utmost ethical standards when conducting business with our members, employees, business partners, etc. It is the obligation and expectation of all officials and employees to know, understand, and follow our code of ethics policy.

We are committed to providing outstanding service to our members and potential members on a daily basis. It is our belief that outstanding service evolves from certain value elements such as reliability, convenience, accessibility, trust, confidentiality, and a range of services that address members' needs. Members will see our integrity, trust us, and know that it is their best interests we serve. We communicate to each member, through our actions, products, and services, that they are valued, and that their satisfaction is of foremost importance to us.

We have established a credit union environment that defines our organization and our daily interactions. It is important for PSECU employees to conduct themselves with integrity and adhere to our corporate values. We pride ourselves on the exceptional commitment our employees demonstrate daily through the exercise of our core principles.

People Helping People

Our Philosophy

The credit union philosophy is one of “people helping people,” a principle we’ve believed in since our founders came together in 1934. When you join us, you become a part of an organization focused on our members’ best interests. That was true in 1934, and it’s still true today. This philosophy inspires us to support the community and provide resources to help the greatest number of individuals, families, and businesses. As Pennsylvania state employees, our founding members had roots in serving the greater good. Those roots are still part of our culture today.

Our Approach

We’re proud to support charitable organizations that empower those in the community where we live, work, and play. Read our latest Year In Review to learn more about the ways we give back.


Three Ways We Give Back

Employee Volunteerism

We encourage and offer avenues for employees to volunteer their time at local organizations that make a meaningful impact in our community.

Charitable Contributions

We support charitable organizations making a difference in Pennsylvania that align with our four pillars of giving efforts – Children, Environment, Well-being and Education.

Education Initiatives

We offer free financial education programming to members and non-members alike that helps people of all ages take control of their finances to help them live better lives.