Pennsylvania
BENEFITS OF THE PENNSYLVANIA STATE CHARTER (View/download PDF)
REGULATING AGENCY: Pennsylvania Department of Banking & Securities; Division of Credit Union and Trust Supervision
Pennsylvania Capitol Building
- Wendy Spicher, Acting Secretary of Banking and Securities
- Stacey Cameron, Acting Deputy Secretary for Depository Institutions
Website: dobs.pa.gov
ACCREDITED: 2001
LEAGUE: CrossState Credit Union Association
- Patrick Conway, President/CEO
- Website: crossstate.org
PRIVATE SHARE INSURANCE: No
2023 STATS
- Largest SCU: PENNSYLVANIA STATE EMPLOYEES CU $8.26B in assets
- Largest FCU: POLICE & FIRE FCU $8.50B in assets
| Second Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 41 | 277 | 318 | 12.89% |
| Credit Union Members | 1.17M | 3.69M | 4.86M | 24.05% |
| Credit Union Assets | $18.49B | $54.92B | $73.42B | 25.19% |
FUN FACT
Pennsylvania’s small town of Indiana is known as the Christmas Tree Capital of the World, a testament to its status as one of the top suppliers of Christmas trees in the country.
RECENT NEWS
TRUMARK FINANCIAL CREDIT UNION ANNOUNCES WINNERS OF ANNUAL FINANCIAL JEOPARDY
College-bound Philadelphia Area High School Students Win $10,000 in Scholarships
May 11, 2023 – TruMark Financial® Credit Union hosted its 16th annual Financial Jeopardy competition on May 3, 2023, at TruMark Financial Headquarters, Fort Washington, Pa. The Financial Jeopardy competition, a spin-off of the long-running nightly quiz show that airs on 6ABC in Philadelphia, tested students’ personal finance knowledge in categories such as banking, credit, taxes, budgeting, and investments. To enter the competition, local teachers referred students who exemplified financial knowledge to compete to win college scholarships to assist with their education expenses. TruMark Financial’s Chuck Sanford hosted the event which included three initial introductory rounds, a Double Jeopardy round, and a final round to determine the winner.
At the end of the competition, TruMark Financial awarded three scholarships – a $5,000 grand prize, a $3,000 second prize, and a $2,000 third prize – to the students who fared best:
- 1st Place: Katie Barnes, Cheltenham High School $5,000 Scholarship
- 2nd Place: Daniel Schoen, Neshaminy High School $3,000 Scholarship
- 3rd Place: Benjamin Broker, Upper Dublin High School $2,000
In addition to the top three prizes, TruMark Financial awarded $200 to each of the other contestants:
- Isaiah Moore, Northeast High School
- Ethan Markow, Plymouth Whitemarsh High School
- Nicolas Buono, William Tennent High School
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