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The Grove City Area Federal Credit Union was chartered in April 1950 by a group of volunteers for the employees and family of the Cooper Bessemer Co. It was later changed to serve the entire area surrounding Grove City and has continued to thrive through the efforts of many non-paid volunteers who are dedicated to the Credit Union philosophy of people helping people.
Your savings in the Credit Union, called shares, are federally insured up to $100,000.00 per account by the National Credit Union Administration, a U.S. Government Agency. This federal share insurance fund is supported by credit unions and services credit unions only.
Your credit union is a cooperative, owned by its shareholder-members, each of whom is entitled to one vote at the Credit Union Annual Meeting to elect members to serve on the Board of Directors. The Board of Directors is committed to the Credit Union motto, "Not for Profit, Not for Charity, But for Service".
We are here to help our members achieve a solid and prosperous financial future.
MISSION STATEMENT
The Grove City Area Federal Credit Union is a member owned not-for-profit financial institution. The Credit Union is striving to provide desired financial services and facilities to its members to the best of our ability by offering competitive rates on all our services while maintaining growth and financial stability.
MEMBERSHIP
WHO CAN JOIN THE CREDIT UNION?
Persons who reside or work in Grove City, PA or in the following townships in the counties shown and boroughs within those townships:
- Mercer County: Townships of Coolspring, Findley, Jackson, Liberty, Pine, Springfield, Wolf Creek, Worth and the Borough of Mercer.
- Venango County: Townships of Clinton, Irwin and Mineral
- Butler County: Townships of Cherry, Marion, Mercer and Slippery Rock.
Also included in the field of Membership are all persons directly related to the group defined above whether by blood or marriage as follows:
Grandparents, Parents, Brothers, Sisters, Children, Grandchildren and Great Grandchildren.
Spouses of persons who died while within the field of membership are also eligible to join the Credit Union. In addition, organizations of such persons may have accounts.
HOW TO JOIN
Stop by the Credit Union Office and ask for a membership application and if eligible a payroll deduction authorization form and/or a direct deposit form. A member must maintain a minimum share balance of $5.00, which is the cost of one share, and keep the account active. Active is defined as making regular deposits or withdrawls to the account or having a loan with the Credit Union.
Once you are a member of the Credit Union, you are always a member. So if you leave our field of membership you can still remain a member of the Grove City Area Federal Credit Union.
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