FEDERAL CREDIT UNION
260 PERSHING AVENUE
LEECHBURG, PA 15656
PHONE: (724) 845-8923
FAX: (724) 845-7452
MONDAY through FRIDAY
8:30 am to 4:30 pm -
Last transaction 4:15 pm
OFFICE CLOSED EARLY:
Last Business Day of month -
Last transaction 3:00 pm
This page contains information about How we manage dormant account, our scholarship program and other resources for you to use.
Our Credit Union policy dictates that a member’s account with no activity for three years is defined as a “dormant account,” and one of the following actions must be taken:*To activate the account, you may make a deposit to or withdrawal from the dormant account, or do a non-cash transfer to another account at the Credit Union. *To close the account, you can request the account be closed by contacting the Credit Union staff or the Supervisory Committee and a check will be issued to close the account. *If there is no response and a member cannot be located the following happens to your Unclaimed Property:
- Balance less than $180.00, the account will be closed and the balance will be charged an inactive account fee. The inactive account fee is currently $5.00 per month, retroactive.
- Balance more than $180.00, the retroactive fee of $5.00 monthly will be withdrawn, the account closed, and a check for the difference will be forwarded to the state as required by law.
UNCLAIMED PROPERTYWhat is Unclaimed Property? Unclaimed property is any financial asset that has been left with a “holder,” such as a bank, insurance company or other business or organization, without activity or contact for a period of three years. Approximately one in ten Pennsylvanians have unclaimed property – do you? To Find Unclaimed Property or for more information, go to http://www.patreasury.gov or call 1-800-222-2046.If someone offers to help you locate unclaimed money for a fee: Call the Treasury Department before you do anything! WARNING: Signing an agreement to have someone assist you in recovering unclaimed money may entail the payment of fees. Before signing any agreement, check with the PA Treasury Department Office whose staff will assist you in recovering your property free of charge.
Stay tuned for Scholarship details in the next newsletter
CONGRATULATIONS TO OUR SCHOLARSHIP WINNERSMORGAN ASHBAUGH CASEY NASETKA $500.00 WINNER $250.00 WINNER
For Q&A’s on College Financing Click on the link below:
Your savings is federally insured up to $250,000.00 through the National Credit Union Administration, a U. S. Government Agency and backed by the full faith and credit of the United States Government. For More information, visit www.ncua.gov.