SCRANTON DOWNTOWN FEDERAL CREDIT UNION

Welcome to Scranton Downtown, your trusted financial partner located at 129 Penn Ave, Scranton, PA 18503. Established in 1963, we have been serving our community for over six decades, providing a range of personal and business banking services tailored to meet the needs of our 1,519 members. With total assets amounting to an impressive $14,556,867 and total deposits reaching $3,879,161, we pride ourselves on being a reliable and stable financial institution. At Scranton Downtown FCU, we understand that every member's financial journey is unique. That's why our dedicated team of 5 employees, led by our CEO Carole Hughes and Board President Patrick McKenna, is committed to offering personalized solutions from checking and savings accounts to auto loans and credit cards with rewards. Whether you are looking to buy your first car or consolidate debt, we are here to help you navigate your options with confidence. While you can visit us at our branch location for all your banking needs, please note that any official correspondence should be sent to the same address: 129 Penn Ave, Scranton, PA 18503-2015. We're proud of the relationships we've built in the community and strive to make a positive impact through our services. With a net worth of $1,375,680 and cash in hand totaling $223,211, we are financially sound and ready to support your financial goals. Our commitment doesn't just stop at numbers; it's about ensuring that every member feels valued and supported in their financial endeavors. If you have questions or need assistance, don't hesitate to reach out at 570-348-9192 during our lobby hours from Monday to Friday. Explore more about what we offer by visiting us online at Scranton Downtown FCU. Join us on this journey towards achieving your financial dreams because at Scranton Downtown FCU, we're not just a credit union; we're your community partner.

At Scranton Downtown, we believe that joining our credit union means becoming part of a caring community where your financial needs are understood and prioritized. To become a member, you'll need to meet some simple eligibility criteria, which primarily revolve around living, working, or worshipping in the area. Whether you're a resident of Scranton or you work nearby, we welcome you with open arms. If you're curious about the specifics, feel free to check out our detailed guidelines at Scranton Downtown Eligibility. Opening an account is easy and straightforward, making it simple for you to access a range of services designed just for you. Once you're a member, you'll enjoy benefits like personalized banking options, competitive loan rates, and exceptional customer service from our dedicated team. Have questions? Don't hesitate to reach out to us at 570-348-9192; we're here to help! Come visit us at 129 Penn Ave in Scranton and take the first step toward better banking today!

At Scranton Downtown, we understand that managing your finances should be simple and secure. That's why we offer a range of digital and online banking services designed to fit your busy lifestyle. With our 24/7 online banking, you can access your accounts anytime, anywhere, ensuring you have the flexibility you need. You can easily manage your accounts through our website at https://www.scrantondtfcu.com/ . Here, you can check balances, transfer funds, and view transaction history with just a few clicks. Although we currently do not offer electronic signatures or e-statements, our commitment to providing user-friendly services remains strong. For those who prefer using their mobile devices, we're excited to announce that our mobile application is in development. While mobile payments aren't available yet, rest assured that we're working on expanding our offerings to include these convenient features in the future. If you need to send money to friends or family, you'll find our person-to-person transfer service helpful once it's launched. For now, you can rely on our robust online banking platform to keep track of your finances securely. At Scranton Downtown, we prioritize your security while ensuring ease of use. You can feel confident knowing that your information is protected as you navigate through your banking needs online. We strive to provide real-time account management so that whether you're at home or on the go, you're always in control of your finances. Experience the convenience of modern banking with us today!

At Scranton Downtown, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's world, having a strong financial foundation is essential for your peace of mind and future planning. That's why we are committed to maintaining robust financial health, as evidenced by our performance metrics. With a net worth of $1,375,680, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This level of net worth reflects our ability to sustain growth while safeguarding your investments. Our net worth ratio of $945 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio is critical because it shows our capacity to withstand economic fluctuations while still serving our members effectively. Members' savings are secured through $193,886 in share certificates, offering stable and rewarding financial growth opportunities. Although we currently do not have money market shares, the focus remains on providing you with safe investment options. 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. With $1,375,680 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This reinvestment translates into better services for you. Our lending capacity supports members' financial goals across various sectors with $48 in used auto loans and a total of $6,337,484 in loans and leases. This diverse range allows us to cater to different needs within the community effectively. Although our net income stands at $0, it reflects our operational efficiency and commitment to maintaining competitive loan rates and solid financial products for our members. We also take pride in having 4 full-time employees and 1 part-time employees who are always ready to serve you with a knowledgeable, committed team. Their dedication ensures you receive personalized service every time you visit us. Net Shares (Funds available for lending and investments) stand at $0, ensuring that we have ample resources for lending purposes. Additionally, with 2,375 showing a strong and growing member base that trusts us with their finances, it's clear that many individuals choose Scranton Downtown as their financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Scranton Downtown is your trusted partner. Visit us at 129 Penn Ave Scranton Pa 18503 or call (570) 348-9192 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.