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Harrisburg PA – The merger between Clarion University Federal Credit Union (CUFCU) and Pennsylvania State Employees Credit Union (PSECU) was successfully completed on July 1, 2008.

According to Gregory A. Smith, PSECU President, “The merger presents opportunities for members of CUFCU to enjoy many enhanced products and services offered by PSECU, such as online account access with psecu@home®, Bill Payer, and UPost@home®. We are confident that the former CUFCU members will view us as a trusted partner in serving their financial needs”. Smith added that we also would like to welcome CUFCU employees, who are joining the PSECU team on July, 1, 2008.

PSECU is a not-for-profit financial institution that provides a full array of convenient, electronically delivered services at no or low cost. Chartered in 1933, PSECU is one of the nation’s largest credit unions. It serves more than 338,000 members and has over $3 billion in assets. All members of the following groups are eligible to join PSECU: state and local government employees; faculty, staff, students and alumni of the Universities within the State System of Higher Education and Harrisburg Area Community College; students, faculty and staff of Elizabethtown College; employees eligible for membership in the Public School Employees’ Retirement System (PSERS) or the State Employees’ Retirement System (SERS); school districts; and members of approved associations and employee/occupational groups. Immediate family of PSECU members may also apply for membership. For additional information, please visit PSECU’s Web site at

This credit union is federally insured by the National Credit Union Administration. Equal Opportunity Lender

8/20/2008 11:28 AM

PSECU/Clarion University Federal Credit Union Merger Completed