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scranton downtown federal credit union

Proudly Serving Lackawanna County Since 1963

the electric city sign on top of a building in scranton

Our History
Begins in the
Electric City

About Us

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.

 

The Amalgamated Clothing and Textile Workers Credit Union merged with us in 1988. Also, the Lackawanna County FCU merged into the Scranton Downtown FCU in 2003. Employees of the County and their family members are eligible to join. Anyone who lives, works, worships, or attends school within Lackawanna county area is eligible to join the credit union, as well as all family members of the individuals.

About Us

We Are Built for Service, Not for Profit

Because we are a not-for-profit financial organization,

our success is measured by the level of member satisfaction, not the bottom line.

Our Core Values 

1

Purpose

Our primary purpose is to promote thrift and provide a full range of financial services at fair and competitive rates while always maintaining our financial stability. Our Credit Union will maintain a constant awareness and openness to future programs and policies to meet the changing needs of our members while keeping in mind The Credit Union philosophy and concept.

2

Protection

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 our members can take pride in being associated with.

3

Growth

We constantly strive to improve both the quantity and quality of products and services available. We have never lost sight of our primary purpose, to deliver financial products in a prompt, professional and courteous manner.

Why Choose a Credit Union?

casual networking event at office professionals
casual networking event at office professionals
woman helping man fill out papers at a desk
woman helping man fill out papers at a desk
money and percentage symbol save money
money and percentage symbol save money
a person is using a cell phone to pay for something
a person is using a cell phone to pay for something

Sense of Community

Non-Profit Organization

Competitive Rates

New Technology

 People who join a credit union do so because of a “common bond”, such as a place of employment, an organization, or a church group.

Unlike other types of financial institutions that must generate a profit for stockholders, credit unions are member-owned , not-for-profit, cooperative financial organizations.

We offer competitive dividend rates paid on savings and investment accounts and competitive interest rates on loans.

We offer Home and Mobile Banking,

Direct Deposit,  and update our products and services frequently.

Our Services

Services

In today’s complex financial world, our products and services are tailored to meet our member’s needs.

Savings & Investment Accounts

  • Regular Share Savings Accounts Club Accounts (Christmas and Vacation)

  • Individual Retirement Accounts (IRAs)

  • Share Certificates

NCUA logo

Your savings account is federally insured to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration, a U.S. Government agency.

equal housing opportunity logo

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Click here to view the full HUD Statement.

MEMBER NOTICE: In case of disruption of service you can call the Main Office at 570-348-9192

Contact

Contact Us

Ready to join or have other questions? Please feel free to call or stop in during business hours.

Address

129 Penn Avenue

Scranton, PA 18503

Contact

Main Office

570-348-9192

Fax

570-207-2294

Hours

Mon - Thu

Fri

9:00 am – 4:30 pm

9:00 am – 5:00 pm 

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