Penn State Federal Credit Union



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About Us

Our History

Penn State Federal Credit Union has been serving the Penn State community since 1959 by providing low-fee financial services and unparalleled customer commitment, working to preserve members' assets while providing financial services to meet members' needs.

Our Members...

are also owners, helping each other offer lower interest rates and other competitively priced financial services. Becoming part of Penn State Federal Credit Union now means you may take advantage of all the benefits of membership for as long as you are a member. Once you are a Penn State Federal Credit Union member, you are always a member.

Who Can Join Penn State Federal?

If you (or someone in your family):

  • work for Penn State University;
  • attend class at Penn State University;
  • are retired from Penn State University;
  • work for Penn State Federal Credit Union.

For a complete list of local companies eligible for membership.

Please call (814) 933-1668 or e-mail to see if your business is eligible for membership at Penn State Federal Credit Union.

Mission Statement

Penn State Federal Credit Union where members help members everyday in the ordinary and extraordinary moments of their lives.

Management Team

Cheryl Barr, CEO

Marnie Derabasse, Senior Vice President of Lending Services

Steve Komir, Controller

Donna Trapp, Human Resources Vice President

Dan H. Lestz, Information Technology Vice President

Lori McTavish, Marketing Vice President

Board Members

Bobby White, Chairperson

Jane Agnelly, Vice-Chairperson

Jean Songer, Secretary

Judy Mudgett, Treasurer

Lynn DuBois, Director

Theresa Cummins, Director

Gail Hurley, Director

Susan Morse, Director

Kimlyn Patishnock, Director

To contact the Nominating Committee, please email:

To contact the Supervisory Committee, please email:

Penn State Federal Newsletter

Winter 2017

Fall 2016

Summer 2016

Spring 2016

Winter 2016