Become a Select Employee Group | 1st Ed Credit Union
Couple meeting with loan officer- About 1st Ed

Become a Select Employee Group

Become a Select Employee Group (SEG)

As an employer, you’re always looking for new ways to improve your employees’ lives with benefits that extend beyond the workplace. One major resource that you can offer is a financial wellness program!  More than 80% of employers find that offering financial wellness programs results in more satisfied, productive, and loyal employees.* With our FREE Employee Benefits Program you can help your employees achieve a state of financial wellness.

 

What is a Select Employee Group?

We are proud to work with a variety of school districts, partner companies, and community organizations in Pennsylvania to offer membership at 1st Ed!  Employees of these groups and their immediate family are eligible for membership at the credit union.

Some of the organizations we partner with include:

 

Who is 1st Ed Credit Union?

Founded in 1938, 1st Ed Credit Union (formerly Franklin County Teachers Credit Union) is a full-service financial institution serving southern Pennsylvania. We strive to provide our members with quality and diverse services, as well as personal attention to their financial needs. As a member-owned, not-for-profit organization our earnings are returned to our members in the form of lower loan rates, higher interest on deposits, and lower fees. Both you and your employees will benefit from the credit union’s “people helping people” philosophy; find out why it makes sense to belong!

 

Benefits to Your Employees:

 

Ready to get started?

 

1. Contact us

Reach out to our Business Development department (busdev@1edcu.org) or fill out the form below.

2. Sign and return your letter of intent

This document will be provided by the Business Development Manager.

3. Get approval

The Pennsylvania Department of Banking will review your letter.

4. See why it makes sense to belong!

Once you’re approved as a SEG you can begin offering the benefits of membership at 1st Ed to your organization.

Become a SEG

Interested in offering membership at 1st Ed to your employees? Fill out this form for more information about becoming a SEG!

Company (Primary Address)(Required)

Frequently Asked Questions

 

How long will it take for my SEG application to be approved?

New SEG applications are required to be approved by the Pennsylvania Department of Banking and Securities. Typically, applications are approved within two weeks of submission.

Is my organization too small to become a SEG?

No! There are no size requirements to become a SEG.

If my employees have credit union membership elsewhere, can they still join 1st Ed?

Yes, there are no limitations to how many credit unions you can belong to.

*Stats from 2022 Bank of America Workplace Benefits Report survey

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