Credit Union News

Helping to Build Stronger Communities!

Penn State Federal is more than finances...we're about helping to make a difference in our local communities. The Credit Union philosophy of "people helping people" inspires us everyday to be involved. We strive to give back by sponsoring local nonprofits and volunteering -- it's our commitment to helping to make lives better.

Here's where we've made in impact:
The YMCA OF Centre County Anti-Hunger Backpack Program and Free Mobile Food Market
State College Food Bank
The Jared Box Project
State College and Bellefonte Little Leagues
Pink Zone and Coaches vs. Cancer Golf Tournaments
Paws Patio Party 
Toys for Tots 
First Night
Just to name a few! 

 

Pictured from left to right: Rick Tabor, CEO of Penn State Federal Credit Union; Allayn Beck, Executive Director of the State College Food Bank.

Pictured from left to right: Scott Mitchell, President/CEO of the YMCA of Centre County; Rick Tabor, CEO of Penn State Federal Credit Union.

Penn State Federal

helps fight hunger with the

YMCA of Centre County

Bellefonte, PA (June 2026) -- Penn State Federal Credit Union donated $20,000 to the YMCA of Centre County’s Backpack Program – a service for children and families struggling with food insecurity. The program, which was started in November of 2014 in one school district, now serves nine local school districts. Each week during the school year, bags of food are distributed to more than 2,000 local children.
 
Aside from program oversight and food purchasing, the Backpack Weekend Food Program is operated primarily by dedicated volunteers who pack the bags and deliver them to participating schools. Each Friday afternoon during the school year, students enrolled in the program receive a bag of meals and snacks to place in their backpacks and take home for the weekend.

“At Penn State Federal Credit Union, community support is central to our mission. We are honored to partner with the YMCA of Centre County in support of the Backpack Program and the many children and families it serves throughout our region. Programs like this make a direct and lasting impact, and we are proud to help support that effort,” said Rick Tabor, CEO of Penn State Federal Credit Union.

“Penn State Federal Credit Union’s continued support is vital to the success and sustainability of the YMCA’s Backpack Weekend Food Program,” said Mel Curtis, Director of the Y’s Anti-Hunger Programs. “Their generous donation makes a meaningful impact in the lives of many children by helping ensure they have food for the weekend. Their sincere commitment to helping others is so appreciated, and they recognize that no child should ever go hungry.”

No child is turned away from the opportunity to participate in the Backpack Program. Parents may receive more information about enrolling their child/children by contacting their child’s school. The program serves Bald Eagle, Bellefonte, Clearfield, Moshannon Valley, Philipsburg-Osceola, Penns Valley, State College and West Branch Area School Districts.
 
 

Pictured from left to right: Rick Tabor, CEO of Penn State Federal Credit Union; Cindy Kolarik, Executive Director of The Jared Box Project.

Penn State Federal spreads good cheer

 to children in the hospital

State College, PA – June 8, 2026 – Penn State Federal Credit Union (PSFCU) has donated $2,000 to The Jared Box Project as the organization celebrates its 25th anniversary of bringing smiles and comfort to children in hospitals and medical facilities.

PSFCU has a long history of supporting nonprofits focused on bettering the lives of community members. Each Jared Box contains toys, games, crayons, coloring books, and other engaging activities designed to lift the spirits of young patients.

Founded in State College, Pennsylvania, The Jared Box Project has grown from a local initiative into a nationally recognized nonprofit, delivering more than one million boxes to children in all 50 states over the past 25 years. The recent donation from PSFCU will help provide Jared Boxes to local healthcare facilities, including Mount Nittany Health, Penn Highlands State College, Geisinger Surgical Center, UPMC MedExpress, and Centre Volunteers in Medicine.

"We are proud to support The Jared Box Project and the incredible impact it has on children and families," said Rick Tabor, CEO of Penn State Federal Credit Union. "The simple act of providing a child with a box filled with games, toys, and activities can make a challenging day a little brighter. Our credit union is honored to help further that mission and support an organization that brings comfort and smiles to so many."

Cindy Kolarik, Executive Director of The Jared Box Project, expressed her gratitude: “We are so very thankful for the generous support of PSFCU. They have been supporters for years! As we celebrate 25 years of delivering smiles and hope to children, this generous donation allows us to continue making Jared Boxes for children in our local medical facilities. Neighbors helping neighbors—it doesn’t get any better than that!”

For more information or to learn how you can get involved, visit www.thejaredbox.org.