REGULATING AGENCY: Pennsylvania Department of Banking & Securities; Division of Credit Union and Trust Supervision
- Richard Vague, Secretary
- Wendy Spicher, Deputy Secretary for Depository Institutions
- Website: dobs.pa.gov
- Credit Unions
LEAGUE: CrossState Credit Union Association
STATS: (As of Dec 2020)
- TOTAL # SCUs: 50
- TOTAL # FCUs: 299
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 14% of 349 PA CUs
- TOTAL $ SCU ASSETS: $17,113,755,295
- TOTAL $ FCU ASSETS: $44,932,918,139
- TOTAL ASSETS: $62,046,673,434
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 28%
FUN FACT: In 1885, vowing not to lose another patient to pneumonia, Dr. George Holtzapple successfully created the first application of oxygen, thus saving his patient’s life and winning international fame through his discovery.
April 4, 2021— The Department of Banking and Securities (DoBS) is reminding Pennsylvanians of the importance of growing their personal financial capability.
“Financial capability empowers individuals to make confident decisions about their money,” said Secretary of Banking and Securities Richard Vague. “It is critical for people to build this skillset to help ensure they are making the soundest decisions when it comes to managing debt, investing, saving, and building towards their futures.”
Here are five ways to brush up on your financial capability skills:
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