PSECU
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PSECU (also known as Pennsylvania State Employees Credit Union) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> PSECU is a not-for-profit financial entity<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> that serves more than 480,000 members and manages over $7.5 billion in assets.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>Dagan, David. PSECU plans move to Susquehanna Township. Central Penn Business Journal. 25 Oct. 2007.</ref> Deposits by the members are regulated and insured by National Credit Union Administration (NCUA).<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
History
PSECU was started in 1934 by 22 state employees who pooled $90 in assets to found the credit union and provide better lives for their families.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
In 2022, PSECU was named as the Best-In-State credit union for the fourth year by Forbes.<ref>"PSECU named Forbes Best-In-State Credit Union for fourth year." Bradford, Pennsylvania: The Bradford Era, July 7, 2022.</ref> That same year, PSECU's president and chief executive officer, George Rudolph, was named to the Banking & Finance Power List.<ref>Druga, Melina. "PSECU President, CEO George Rudolph makes 2022 Banking & Finance Power List." Washington, D.C.: Pennsylvania Business Report, December 30, 2022.</ref> PSECU's management philosophy in 2022 was described, in part, by Barb Bowker, PSECU's chief member experience officer, as follows: "Tapping into someone’s emotions — giving them a truly great experience as a member — is what builds loyalty and helps retain members for a lifetime."<ref>Guillot, Craig. "How Emotion Drives Customer Loyalty in Banking." Gig Harbor, Washington: The Financial Brand, retrieved online January 8, 2023.</ref>
See also
- State ECU
- State Employees Credit Union of Maryland
- State Employees Credit Union (North Carolina)
- S.C. State Credit Union
- Washington State Employees Credit Union