A merger between NE PA Credit Union and UECU allows us to provide greater member impact and value through:

Expanded Products/Services:

Through this partnership, members will gain access to expanded products and services. A few examples of those are:

• Access to UECU’s Member VantagePoints™ Reward Program, a robust rewards program that rewards members for their activities, like using their debit and credit cards, opting for E-Statements, referring friends and family to the credit union, and more. Members can redeem their points for cash back, popular gift cards, and loan rate discounts.
• Visa® Credit Card benefits, such as Travel and Emergency Assistance Services, Extended Warranty Protection, Travel Accident Insurance, and Personal Identity Theft assistance, to name a few.
• Visa Debit Card benefits, such as Nationwide ATM surcharge rebates, Porch Piracy Protection, and Personal Identity Theft assistance, to name a few.
• Expanded Loan Options, such as a Flex HELOC with Visa Card and rewards along with Home Equity Term Loans.
• Last year, UECU paid out $20.3 million in dividends, issued $132,000 in ATM surcharge rebates, awarded $860,000 in VantagePoints™ rewards, and paid out $732,000 in loan payment protection claims while also eliminating overdraft transfer fees and expanding Visa cardholder benefits.

Enhanced Member Experience:

Through streamlined processes, expanded product and service offerings, and innovative digital solutions, we will enhance member satisfaction and loyalty. By leveraging the strengths of both credit unions and reducing our costs, we will provide an unparalleled level of service and convenience and return more value in the form of products, services, and community involvement to existing and future members.

Community Impact:

As credit unions, we are committed to making a positive impact on the communities we serve. Through combined resources and expanded outreach programs, we will strengthen our ability to support local initiatives, promote financial literacy, carry out the mission of the NE PA Community FCU Foundation, and foster economic growth throughout our communities.

Stability and Security:

Combining our organizations positions us with greater financial strength and stability. By joining forces with UECU, members will benefit from a stronger institution with increased capital reserves and robust risk management practices, providing greater peace of mind and security for their deposits.

More Responsive to Evolving Financial Needs:

This partnership positions the credit union to better anticipate and meet the financial needs of members in a competitive financial services industry.

Enhanced Digital Banking Products:

Together, we will be able to constantly assess and improve our technology

solutions and make sure we’re providing “the best” digital banking solutions we

can for members now and into the future.

Same Knowledgeable, Friendly Employees:

The same friendly staff will continue to serve you.

There is no effect on your account or account numbers at this time. Eventually, we’ll integrate our core banking systems and transition all NE PA accounts to UECU’s platform. This will occur sometime in the third quarter of 2025. As that time approaches, you’ll receive a Member Information Guide with details about the transition of your existing accounts to UECU. It will also include important information such as transition timelines, how to access your new accounts, a digital banking overview, and more.

The rates on fixed-rate loans and certificates will remain the same until the end of their existing terms. For savings accounts, the dividend rates will adjust to UECU's rates, which, for most accounts, will result in higher rates.

Yes. Credit Union deposits will continue to be federally insured by the NCUA, meaning you have up to $250,000 in protection for an individual account. The NCUA provides separate insurance coverage for deposits held in different ownership categories, such as individual accounts, joint tenancy accounts, Individual Retirement Accounts (IRAs), and trust accounts.

At this time, there are no plans for any branch closures. NE PA’s Main Office and ITM locations in Mt. Pocono, Brodheadsville, and Stroudsburg will remain open during and after the merger. UECU’s Main Office in Wyomissing, Pennsylvania, will be available to NE PA members after the merger is complete in the third quarter of 2025.

Yes. Both organizations are committed to providing high levels of service for members, and this will continue to be a focus for the combined organization.

No. Both credit unions recognize the importance of retaining talented and dedicated employees and that a successful merger is dependent on retaining that talent and leadership.

As an organization grows, so does its workforce. We believe our ability to invest in the success of our people will expand as opportunities for professional growth and development increase. The member-facing staff in the locations you visit will remain in those locations unless they decide to explore a new opportunity.

As of the date of the legal merger, January 1, 2025, we will be designated as “NE PA Credit Union, a division of UECU.” After we complete the integration of our core banking systems and combine operations in the third quarter of 2025, our name will become Utilities Employees Credit Union (UECU). At a future time, a thoughtful, independent, and expert analysis of the brand will be conducted to determine the name of the combined credit union.

On January 1, 2025, we will become one from a legal standpoint. However, this is not the date in which all of the operational processes change. The process of integrating our core banking systems will extend to the third quarter of 2025.

As of the date of the legal merger, January 1, 2025, Bret Krevolin will remain the President/CEO of the combined organization, and Mark Filbert will stay on in a strategic advisory role during the transition.