Info

The Wilkes-Barre Postal Federal Credit Union was established on March 7, 1936 for employees of the Wilkes-Barre Post Office and other Luzerne County Post Offices except Pittston. In 1970 we opened our first office on a part-time basis and full time in 1971. In 1971 we reached our first million dollars in assets and had approximately 1,500 members. Since that time we have made several changes. Now included in our field of membership are Postal Employees who work in Bradford, Carbon, Luzerne, Monroe, Sullivan, Potter, Tioga, and Wyoming Counties and their families, as well as several local businesses. In 1971, we were a "plain vanilla" Credit Union with Shares (savings), Christmas Clubs, and loans of $10,000.00 or less. In the last 25 years, in an effort to bring better service to our members, we have computerized our office, expanded our savings accounts to include Shares, Christmas Clubs, Vacation Clubs, MAC Cards, Share Drafts (Checking Accounts), and IRA's. Our savings accounts are covered by a $4,000.00 Life Insurance policy per member when eligible. Our loans include: unsecured loans up to $6,000.00 or 15% of gross annual income, secured loans up to $10,000.00, Auto loans with a limit of $50,000.00, PHEAA Student Loans, and Second Mortgages with a limit of $50,000.00. Our loans are also covered by Life Insurance up to $40,000.00 when eligible. in most cases approval of loan is given in 24 hours or less. In our continuing effort to better serve our members, in January, 1989 our Board of Directors purchased a building at 566 South Main Street, Wilkes-Barre. We have an expanded teller area, drive-up window, Member Service Department, personal loan interview sections, and ample parking. In the past 60 years, the Credit Union has grown to approximately $32,591,000.00 in assets with 6400 members. We currently have a staff of 14 people and a Board of Directors made up of 9 volunteers who guide and set policy for the Credit Union. We strive to keep our personalization and service to our members, our "FAMILY". We know our members on a first name basis, their children, and in most cases their histories. Our goal is to meet their financial needs in a timely and personable manner. We look forward to being allowed to share the "Credit Union Spirit" with your employees.