The Credit Union is Member Owned, and has been in the business of serving it's members and families since 1961. The Credit Union Family Tree is currently serving employees of I.B.E.W. Local #56, Stroehmann Bakery, Advanced Business Systems, Birkmire Trucking Co., Metro Health Center, Advanced Protection Services, A-1 Automotive, AAA West Penn/Erie County, Furman Enterprises, Inc., Signal-Tech, West Erie County Democratic Committe their employees and members of their families in three counties of Pennsylvania and wherever they may relocate.
We encourage family membership. Family shall mean spouse, children, parent, grandparent, grandchildren, sister, and brother.
There is a .25¢ membership fee. A $25.00 minimum balance is required within 6 months in order to maintain membership and to participate in all of the Credit Union privileges. All deposits are insured against loss up to $250,000 by the National Credit Union Administration, a U.S. Government agency.
Dividends are paid quarterly (Jan. 1, Apr. 1, July 1, Oct. 1) on all share accounts with a $25.00 minimum balance. Dividend rates for all shares accounts are determined at the end of each quarter depending on the net income of the Credit Union. Federal law prevents us from guaranteeing a rate for a specific period of time until we provide for reserves for that period. This legal requirement helps to ensure the financial strength of your Credit Union.
For more information about becoming an I.B.E.W. Local #56 Credit Union Member please email or call the office at (814) 455-2270.