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PSECU headquarters in Harrisburg, Pennsylvania PSECU (also known as Pennsylvania State Employees Credit Union ) is a state-chartered credit union headquartered in Harrisburg, Pennsylvania . [ 1 ] PSECU is a not-for-profit financial entity [ 2 ] that serves more than 480,000 members and manages over $7.5 billion in assets.
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This is a list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
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The credit union began with $437 in assets and 17 members and was first operated from the basement of Raleigh's Agriculture Building. [6] By 1960, the credit union grew to serve over 70,000 members and had assets of almost $25 million. [7] By 2022, State Employees' Credit Union had grown to over $53.1 Billion in assets and 2.7 million members.
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