Elliott Community Federal Credit Union

What Elliott Community Federal Credit Union does

Elliott Community Federal Credit Union (ECFCU) is a member-owned, not-for-profit community credit union founded in 1935 and headquartered at 920 North Fourth Street, Jeannette, Pennsylvania. Its field of membership is restricted to individuals who live, work, worship, or attend school in Westmoreland County, plus relatives of existing members, and the institution operates five branches across the county (Jeannette Main, Jeannette Rubber, Greensburg, MSA Cranberry, MSA Murrysville). The credit union is federally insured by the NCUA and operates under the 'Once a member, always a member' policy, preserving membership regardless of subsequent relocation.

The product set spans core retail banking: deposit products (Master Share, Share Draft/Free Checking, Second Chance Checking, Money Fund money-market account, Christmas/Vacation Club, Special Savings, IRAs in Traditional and Roth, IRA Accumulation Fund, and Share Certificates from 6 months to 3 years with a $500 minimum); consumer loans (New/Used Vehicle, Antique/Classic Car, Motorcycle, RV/Boat/Camper, Home Equity, Share Secured, Signature, Second Chance, Short-Term); and Visa Credit and Debit Cards (the credit card at 9.90% APY with no annual fee, serviced via PSCU). A Prepaid Visa Card, Bill Pay, Direct Deposit, ACH transfers, free NADA auto valuations, free notary service, member scholarships, a 50/50 friend referral program, and a College Student Financial Package round out the offering. Underlying technology consists of standard credit-union infrastructure — an online banking portal at my.homecu.net, a mobile banking app on iOS and Android with mobile deposit, FedWire FEDLINE for fund transfers, Vizo Zephyr Western Union for wires, and surcharge-free ATM access through AllPoint (55,000 ATMs) plus reciprocal networks (CU Network, First National Bank, Nextier Bank). No proprietary AI/ML or advanced technology assets are disclosed.

Revenue is generated primarily through net interest spread on loans and deposits (loan interest across the consumer loan book, plus dividends and fees on share accounts, money fund, share certificates, and IRAs) and transaction-based interchange/interest on the Visa credit card. Customer acquisition is direct-to-consumer through the branch network, online/mobile enrollment, community partnerships (Community Spotlight, Mutual Aid EMS, Merchant Discount Program), and member referrals. The institution is privately held by its members, with no parent company, no external shareholders, and no disclosed funding rounds; as a credit union, surplus is returned to members rather than reported as profit.

Name

Elliott Community Federal Credit Union

Legal name

Elliott Community Federal Credit Union

Website

https://elliottfcu.com

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

11–50 employees

Short description

Elliott Community Federal Credit Union is a member-owned, NCUA-insured community credit union founded in 1935, providing deposit accounts, consumer loans, and Visa card products to residents and workers of Westmoreland County, Pennsylvania through five branches, online, and mobile banking channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Community credit union
• Consumer banking services
• Personal lending products
• Retail deposits
• Credit union lending

Headquarters

HQ city

Jeannette

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Loan Interest: Interest income from various loan products including new/used vehicle loans, antique/classic car loans, motorcycles, RVs, boats, campers, home equity loans, signature loans, share secured loans, and second chance loans.
2. Savings Account Fees and Dividends: Revenue from share accounts, money market funds, share certificates, IRA accounts (Traditional and Roth), Christmas Club, Vacation Club, and special savings accounts.
3. Visa Credit Card Services: Credit card services generating interchange fees and interest on balances. Visa credit card with 9.90% APY.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Elliott Community Federal Credit Union is a member-owned, not-for-profit financial cooperative founded in 1935 that provides retail banking products and services to consumers in Westmoreland County, Pennsylvania. Its offering includes deposit accounts (savings, checking, money market, IRA, club, and share certificate), consumer loans (vehicle, home equity, mortgage, personal), Visa credit and debit cards, and digital banking channels. Distribution is through five physical branches, online/mobile banking, and the AllPoint ATM network.

Product overview

Elliott Community Federal Credit Union is a member-owned, non-profit financial institution founded in 1935, offering a comprehensive suite of banking products and services. The credit union provides a single integrated banking platform combining traditional savings and checking accounts (Master Share, Share Draft with Second Chance option, Money Fund, Christmas/Vacation Club accounts, and IRA products) with loan products (New/Used Vehicle, Antique Car, Motorcycle, RV/Boat, Share Secured, Home Equity, Signature, Second Chance, and Short-Term loans) and card services (Visa Credit and Debit Cards). Digital banking is delivered through Online Banking and Mobile Banking (with Mobile Deposit feature), all accessible 24/7. Additional member services include Bill Pay, Direct Deposit, ACH transfers, free notary service, NADA auto valuations, member scholarships, and a merchant discount program. The credit union is federally insured by NCUA and serves Westmoreland County residents through multiple branch locations, with surcharge-free ATM access via AllPoint Network partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Share Savings (Master Share Account) Primary share account that establishes and maintains a member's ownership stake in the credit union, with dividends paid on the balance. Required for any individual to become a member of ECFCU.
• Share Draft (Free Checking) A no-fee checking account (share draft) for everyday transactional banking, with no monthly maintenance fees. Pairable with a Visa debit card for point-of-sale and ATM access.
• Second Chance Checking Checking account designed for individuals who have had past banking difficulties and need an opportunity to re-establish mainstream banking relationships with the credit union.
• Money Fund Account Higher-yield savings account that pays tiered dividends based on balance, intended for members seeking money-market-like returns on liquid deposits.
• Christmas Club Account Dedicated seasonal savings account that allows members to set aside funds throughout the year for holiday-related expenses, with distributed funds at the end of the term.
• Vacation Club Account Goal-based savings account for members to accumulate funds for vacation expenses, with payouts timed to travel plans.
• IRA Accounts Tax-advantaged Individual Retirement Accounts (IRAs) offered as deposit products to help members save for retirement.
• Share Certificate Fixed-term deposit account (CD-equivalent) that pays a specified dividend rate for a defined term, providing a higher-yield option for members able to lock up funds.
• Vehicle Loans Consumer auto loans financing the purchase of new and used vehicles, with rates and terms offered to eligible members.
• Home Equity Loans Loans secured by the equity in a member's home, used for major expenses, debt consolidation, or other borrowing needs.
• Mortgage Loans First-mortgage loans for home purchase or refinance, with the credit union listed under NMLS Number 470325.
• Personal Loans Unsecured consumer loans for personal needs such as debt consolidation, medical expenses, or other major purchases.
• Visa Credit Card Credit card issued by the credit union offering a rewards program, intended for everyday consumer purchases and credit-building.
• Visa Debit Card Debit card linked to a member's checking (share draft) account, usable for point-of-sale purchases and ATM transactions across the AllPoint network.
• Online Banking Web-based banking platform that allows members to view balances, transfer funds, pay bills, view E-Statements, and manage their accounts online.
• Mobile Banking Mobile application that lets members access account information, transfer funds, deposit checks via mobile capture, and manage their accounts from a smartphone.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Millers Coffee RoastersminorGTM or Marketing PartnerLocal coffee roaster featured in Westmoreland County Community Spotlight program, a community initiative showcasing local businesses and fostering regional connections.
• Mutual Aid EMSminorStrategic or Co-development PartnerPartnership with Mutual Aid EMS as part of community outreach and local service support initiatives.
• AllPoint NetworkcoreTechnology or IntegrationPartnership providing 55,000 surcharge-free ATMs nationwide, enabling members to access cash without surcharges at participating locations across the United States.
• CUNA Mutual Trustage InsuranceminorGTM or Marketing PartnerJoint marketing partner for insurance products and services offered to credit union members.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• First Commonwealth Federal Credit Union: Pennsylvania community credit union with a similar member-owned, community-focused model and overlapping geographic reach into southwestern PA counties, serving as a direct competitor for retail deposits and consumer loans.
• Clearview Federal Credit Union: Western Pennsylvania-based member-owned federal credit union offering a comparable full suite of consumer banking, lending, and digital services to a similar community footprint, directly competing for the same regional membership.
• Citadel Federal Credit Union: Pennsylvania-headquartered community credit union with comparable consumer lending, deposit, and digital banking products, operating a similar community-cooperative model across overlapping regional markets.
• PSECU (Pennsylvania State Employees Credit Union): Large Pennsylvania-based state-chartered credit union offering a broad consumer-banking suite (checking, loans, cards, mobile banking) to a statewide membership, providing a scaled peer benchmark for digital and product capabilities.
• Pittsburgh Central Federal Credit Union: Greater Pittsburgh-area federal credit union offering deposit, loan, and digital banking products to a community membership similar in structure to Elliott's Westmoreland County base.

Regional players

• Nextier Bank: Western Pennsylvania community bank that is an ATM network partner of Elliott, sharing the same geographic footprint and overlapping retail-banking product set across southwestern PA counties.

Emerging players

• VyStar Credit Union: Large digital-forward credit union offering high-yield deposit products and consumer loans nationally, illustrating the emerging competitive pressure from scaled online credit unions on community-based deposit gathering.
• Alliant Credit Union: Digital-first national credit union offering high-yield deposits and consumer loans online, representing an emerging competitive threat for deposit and lending members within Elliott's geography through superior rates and digital UX.

Broad incumbents

• First National Bank of Pennsylvania: Large Pennsylvania-based commercial bank with deep branch presence in Westmoreland County and ATM network partnership with Elliott, competing directly for consumer deposits and loans while operating as a broad full-service incumbent.
• PNC Bank: National bank with substantial Pittsburgh/Westmoreland County presence offering consumer banking, lending, and digital capabilities, providing a scaled incumbent benchmark on technology and product breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/elliott-federal-credit-union

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elliott Community Federal Credit Union