PSECU is a not-for-profit, member-owned credit union headquartered in Harrisburg, Pennsylvania. Founded in 1934 by 22 people who pooled $90, it now serves more than 565,000 members and holds over $9 billion in assets. Its membership draws principally from Pennsylvania state employees and other eligible members across the state.
The organisation operates a digital-first banking platform, pairing account and banking technology with member-owned cooperative service. Its technical work spans digital banking technology, financial services technology, and the development of digital-first account and banking platforms, supporting products that include consumer lending and standard credit union banking services.
As a cooperative, PSECU returns profits to members through better rates, lower fees, and enhanced services rather than distributing them to shareholders. The company states that it aims to remain true to its founding principle of putting people over profits while continuing to invest in technology.
