PennStar Credit Union Mercer PA | Affordable Auto Loans & Business Banking

Introduction

Welcome to Pennstar Federal Credit Union, your trusted financial partner located at 139 N Diamond St, Mercer, PA 16137. Since our establishment in 1960, we have proudly served our community with a commitment to providing exceptional banking services tailored to meet the needs of our members. With over 4,000 members and total assets amounting to an impressive $53,711,244, we are dedicated to helping you achieve your financial goals. At Pennstar, we believe in building strong relationships with our members. Our team, led by CEO Nichole Sayers and Board President Glenn Zahniser, works diligently to ensure that you receive personalized service and support. We offer a wide range of products including checking and savings accounts, auto loans, mortgage refinancing, and business banking solutions. With total loans exceeding 1,366 and deposits reaching $3,078,512, our robust financial standing reflects our dedication to fostering your financial well-being. While members can visit us at our branch for in-person assistance during our operating hours from 9:00 a.m. to 5:00 p.m., we also provide convenient online services that allow you to manage your finances anytime, anywhere. For any official correspondence, please send it to the same address as our branch location. Join us today and experience the difference of being part of a community-focused credit union. If you have any questions or need assistance, don't hesitate to reach out at 724-662-1209. Let us help you take the next step towards a brighter financial future!

Branch History & Mission

Welcome to Pennstar Federal Credit Union, a cornerstone of financial support in Mercer, PA. Since our founding in 1960, we have proudly served our community with a mission rooted in trust and support. As we look back on over six decades of service, our commitment to providing exceptional financial services remains unwavering. Located at 139 N Diamond St, Mercer, PA 16137, our branch has evolved significantly since its inception. Initially serving a small group of members, we've grown into a thriving institution with a total membership of 4,087 individuals who rely on us for their banking needs. Our total assets now stand at an impressive $53,711,244, reflecting our robust growth and the trust placed in us by our members. Our mission is simple yet powerful: we aim to enhance the financial well-being of our members while fostering a spirit of community and cooperation. We believe that everyone deserves access to quality financial services that empower them to achieve their goals. Whether it's personal banking services like checking and savings accounts, auto loans, or mortgage refinancing, we are dedicated to meeting the diverse needs of our members. While you can visit us at 139 N Diamond St, any official correspondence should be sent to the same address. Our lobby is open Monday through Friday from 9:00 a.m. to 5:00 p.m., ensuring that we are available when you need us most. At Pennstar, we understand the importance of staying current with technology. That's why we offer online banking options that make managing your finances easier than ever. Although we do not currently provide ATM or drive-thru services, we are committed to making your banking experience as convenient as possible through mobile applications and person-to-person payment options. We also pride ourselves on being deeply involved in our community. Through various outreach programs and partnerships, we strive to give back and support local initiatives that enrich the lives of those around us. As we continue to grow and adapt to the changing needs of our members, we invite you to join us at Pennstar Federal Credit Union. Experience firsthand the benefits of membership where your financial health is our top priority! For more information about joining or exploring our services further, please visit our website or call us at 724-662-1209. Together, let's build a brighter financial future!

Branch Location & Accessibility

Nearby Landmarks & Accessibility Features

Situated just a stone's throw away from local landmarks, our location makes it simple for you to drop by. If you're nearby, consider stopping at the charming Mercer County Courthouse or enjoying some time at the beautiful Riverside Park before or after your visit. We understand that accessibility is important to our members. Our branch is ADA compliant and features ramps and designated parking to ensure everyone can access our services without difficulty.

Operating Hours & Services

Pennstar Federal Credit Union opens its doors Monday through Friday from 9:00 a.m. to 5:00 p.m., making it convenient for you to visit during your busy schedule. Though we do not have an ATM or drive-thru service available at this location, our dedicated staff is ready to assist you inside with a range of services including checking and savings accounts, auto loans, mortgage refinancing, and more. If you need assistance or have questions about your banking options, feel free to call us at 724-662-1209. We are always happy to help!

Visit Us Today!

While members can visit us at 139 N Diamond St, official correspondence should be sent to the same address as our mailing address is the same. We invite you to stop by and experience firsthand why so many in Mercer trust Pennstar Federal Credit Union for their financial needs. Your community credit union is here for you!

Member Eligibility

At Pennstar, we believe that becoming a member is like joining a family where everyone looks out for one another. If you're interested in joining us, you'll be pleased to know that eligibility is open to anyone who lives, works, worships, or attends school in the areas we serve. We welcome individuals from all walks of life to experience the benefits of being part of our supportive community. To learn more about the specific eligibility requirements, feel free to check out our detailed information at https://www.pennstarfederal.com/membership/membership.html. Opening an account with us is straightforward and welcoming. Simply visit us at 139 N Diamond St Mercer Pa 16137 or give us a call at (724) 662-1209 for any questions you might have about the process. We're here to assist you every step of the way! Whether you're looking for personal banking services, loans, or credit options, becoming a member at Pennstar opens the door to many advantages tailored just for you. Start your journey with us today!

Business Banking & Commercial Services

Merchant Services That Matter

In today's market, efficient payment processing can set your business apart. Our merchant services offer practical tools to help you manage transactions smoothly. Imagine serving customers who appreciate easy payment options while you focus on what you do best growing your business. Visit us at 139 N Diamond St Mercer Pa 16137 or call us at (724) 662-1209 to learn how our business banking solutions can empower your enterprise!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. Additionally, we also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions tailored to various needs. With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Services

We also cater to local businesses with our business banking solutions. From merchant services that help streamline transactions to business loans designed to support growth and innovation, we are here to empower entrepreneurs in our community.

Mortgage Loans & Refinancing

If you're considering buying a home or refinancing your existing mortgage, our mortgage loans are tailored to fit various budgets and lifestyles. Our team will guide you through the process, ensuring you understand each step and find the best solution for your situation. Picture yourself settling into a new home with a loan that suits your financial comfort zone.

Online & Mobile Banking Convenience

In today's fast-paced world, convenience is key. That's why we offer robust online and mobile banking features. You can check balances, transfer funds, or pay bills from the comfort of your home or on the go all at your fingertips! Additionally, our ATM and cash withdrawal services ensure easy access to your money whenever you need it. At Pennstar, located at 139 N Diamond St Mercer Pa 16137, we pride ourselves on being more than just a financial institution; we're a community partner committed to helping you achieve financial wellness. If you have any questions about our services or would like assistance, don't hesitate to reach out at (724) 662-1209 during our lobby hours from 9:00 a.m. to 5:00 p.m., Monday through Friday. Ready to take the next step? Visit us online at Pennstar Federal Credit Union or come by today! Your financial journey starts here!

Personal Banking Solutions

Our personal banking services include checking and savings accounts designed to help you manage your finances easily. Imagine having a checking account that makes it simple to pay bills and track spending, while a savings account helps you set aside money for future goals. We also offer auto loans and vehicle financing options that can make purchasing your next car an enjoyable experience. With competitive rates and flexible terms, driving away in your dream car is closer than you think.

Personal Loans & Credit Cards

For those unexpected expenses or opportunities that arise, we provide personal loans and debt consolidation options that can help relieve financial stress. Plus, our credit cards come with rewards that allow you to earn points for everyday purchases imagine treating yourself to something special just by using your card wisely!

Digital & Online Banking

24/7 Access

With our 24/7 online banking services, you're never out of touch with your accounts. Whether it's early morning or late at night, you have full access to manage your money when it suits you best. Our goal is to provide you with accessible, easy-to-use tools that help you stay on top of your finances without any stress. Join us at Pennstar and experience the future of banking today!

Key Features

One of the highlights of our online services is electronic signature authorization. This means you can complete important transactions without the hassle of printing or mailing documents. Just sign digitally, and you're all set! Additionally, we offer e-statements so you can view your account statements online instead of waiting for them in the mail. This not only helps reduce paper waste but also gives you instant access to your financial information. For those on the go, our mobile application provides an easy way to handle your finances from your smartphone. You can even send money directly to friends or family with our person-to-person transfer feature. No need for cash or checks; just a quick tap on your phone!

Financial Strength

Commitment to Growth

With $8,250,982 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $454 in used auto loans and $19,898,685 in total loans and leases, we support your financial goals across various sectors.

Growing Membership Base

Total Share Accounts: 7,135, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $16,908. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Pennstar is your trusted partner. Visit us at 139 N Diamond St Mercer Pa 16137 or call (724) 662-1209 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

Members' savings are secured through $7,653,856 in share certificates and $6,995,784 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our $200,706 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 10 full-time employees and 0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $8,451,688, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,574 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $6,433,791 in used vehicle loans and $6,508,394 in new vehicle loans already helping members get on the road. We offer flexible terms and financing options that fit your budget, making it easier for you to drive away with confidence.

Credit Lines and Personal Loans

For those seeking additional flexibility, we offer credit lines totaling $2,521,000. These can be perfect for managing unexpected expenses or consolidating debt. If you're looking for personal loan solutions, we are here to discuss how we can assist you in achieving your financial objectives.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,950,555, make buying or refinancing simple. We provide various mortgage solutions tailored to fit your needs, whether you are a first-time homebuyer or looking to refinance an existing mortgage.

Refinancing Options

If you're considering refinancing any existing loans, our team is equipped to guide you through the process. We will work with you to explore eligibility options that may lower your monthly payments or overall interest costs. You can reach us at (724) 662-1209 for any inquiries or visit our website at Pennstar Federal Credit Union for more information on how we can support your financial journey. All performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards achieving your financial aspirations!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $0 in loans helping members manage their finances effectively. This option provides convenience and purchasing power without needing collateral.

Loan Aggregator

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