Press Release

PSECU Hosts "Hard Hat Ceremony" to Celebrate Phase One of Financial Center Construction

State College, PA - January 6, 2015 - On January 6, 2015, PSECU, along with local business and community leaders, gathered at the site of the new PSECU Financial Center located at 502 East College Avenue. Together at the Hard Hat Ceremony, they began demolition to celebrate the first phase of construction for the Center.

"Today, we begin the exciting process of constructing the PSECU Financial Center. This unique facility shows our commitment to the community and our members in the region. The Center will be a space our members can use to improve their financial health and a place in which community organizations can feel at home," said Greg Smith, PSECU's President and CEO.

Those in attendance gathered after the ceremony for a reception featuring a design plan and artist rendering of the new Financial Center. "PSECU and our members have always had a strong economic, financial, and social commitment to the community. This Financial Center will be the culmination of those commitments reflected in the building design and usage," said Barb Bowker, PSECU's Vice President of Marketing.

The construction of the PSECU Financial Center will be completed by local contractors, further promoting PSECU's commitment to stimulating the local economy and providing resources to the community. The PSECU Financial Center's Grand Opening is anticipated for March 2015.

About PSECU

Opened in 1934, PSECU was founded by 22 ordinary people who made an extraordinary commitment to each other: To create a financial institution where pooled resources benefit all members. Today, we are a full-service credit union serving more than 400,000 members and have over $4 billion in assets. As a not-for-profit financial institution, our goal remains to help our members and their families achieve a better life.