Scranton Times Downtown Federal Credit Union
129 Penn Ave. Scranton, PA 18503
TEL: (570) 348-9192
Scranton Times Downtown Federal Credit Union traces its roots back to 1963 when our country was experiencing economic and social uncertainty. Our original field of membership began with the Scranton Times employees, as well as the employees of WEJL radio station and the Scranton Engraving Company. Many of our original sponsor company's employees had lost their faith in banks, so they pooled their extra money together and allowed it to be borrowed at a low interest rate. Hence, Scranton Times Downtown Federal Credit Union was born. The organization has continued to thrive over the years through the efforts of many volunteers who are dedicated to the credit union philosophy.
Today we service the personal financial needs of over 3,300 members with assets totaling over $6 million. In addition to our founding sponsor groups, all other Times publications, eight radio stations, the Scranton Lace Company, and Laurel Hill and Holiday Manor Nursing Homes are part of our field of membership. Additionally, the Amalgamated Clothing and Textile Workers Credit Union merged with us in 1988. Anyone who lives, works, worships, or attends school within the Downtown Scranton area is eligible to join the credit union. Additionally, all family members of the individuals are also eligible to join.
Because we are not-for-profit financial organization, our success is measured by the level of member satisfaction, not the bottom line. While attempting to satisfy the needs of an individual member, we never lose sight of the commitment we have to ALL of our members – to protect the financial integrity of THEIR financial institution.
As a federally-insured credit union, we are audited on an annual basis. We are proud that we consistently receive high ratings and represent the type of financial institution that are members can take pride in being associated with. * We constantly strive to improve both the quantity and quality of products and services available. Although we have grown over the years, we have never lost sight of our primary purpose, to deliver financial products in a prompt, professional and courteous manner. At Scranton Times Downtown Federal Credit Union, “people helping people” is not a catchy slogan, it is what we practice every day!
We look forward to your company and employees becoming part of our growing family and realize the many benefits associated with membership in Scranton Times Downtown Federal Credit Union.