FirstEnergy FCU is a full-service financial cooperative, dedicated to serving its membership. The Credit Union was chartered in 1935 and offers services to:
- employees of FirstEnergy Corp.
- family members of an existing FirstEnergy FCU member
- immediate family members of a FirstEnergy Corp. employee
- retirees of FirstEnergy Corp. and their family members
- retirees of Allegheny Energy, Inc. and their family members
Immediate family is defined as spouse, child, parent, sibling, stepchild, stepparent, grandchild and grandparent. One great thing about joining a credit union is that once you join, YOUR family is eligible to join, and then THEIR family is eligible to join, and so on. Apply for membership today!
Safety is the first consideration with a Credit Union share account. Your savings are protected in a number of ways. Your savings are federally insured to at least $250,000 by the National Credit Union Association (NCUA), an agency of the U.S. Government that also examines the Credit Union each year. Also, an annual audit is performed by professional accountants, overseen by the Supervisory Committee. The committee is made up of four appointed Credit Union members, like yourself. The Credit Union carries a surety bond that covers against loss by theft, robbery, embezzlement and fraud. We are also insured against loss by several types of liability and casualty coverages.
The Credit Union is governed by a volunteer Board of Directors who are members and are elected by the members. The Board, in turn, employs a Professional Staff to operate the Credit Union. Members also elect a volunteer Credit Committee from the membership who reviews loan applications. Elections are held by mail annually. The results are announced at the Annual Meeting of the members, which is held in April or May.
BOARD OF DIRECTORS:
Yvonne J. Phillips - Chairperson
Michael G. Phillips - Vice Chairperson
Brenda M. Dils - Chief Financial Officer
Brenda D. Trout - Recording Officer
Daniel M. Dunlap - Director
David K. Friend - Director
Cynthia A. Menhorn - Director
Diane L. Momeyer - Director
Kathleen A. Sutyak - Director
STAFF:
Diane Momeyer - President/CEO
Char Radakovich - Compliance and Systems Information Manager
Terry Ryan - Operations Manager
Marc Lehman - Accountant
Marcia Sass - Member Service Representative Coordinator
Melissa Lenhart – Senior MSR
Lindsay Burd – MSR
Ashley Shepler – MSR
CREDIT COMMITTEE:
Debra Bashioum - Chairperson
Char Radakovich
Thomas Trout
SUPERVISORY COMMITTEE:
Lisa Wolfe - Chairperson
Daniel Ankney
Timothy Black
Thomas Sonnet
FirstEnergy Federal Credit Union is a member owned not-for-profit organization striving to provide its members with a variety of financial services. Our primary purpose is to promote thrift by affording our members an opportunity to accumulate savings and by providing a source of credit at competitive rates. In achieving these goals we will strive to maintain our credit unions' long term financial stability and growth while continuing our credit unions' philosophy of member helping member.
CREDIT UNION HISTORY
In 1935, the West Penn Power Affiliated Federal Credit Union was established to serve the employees of West Penn Power. The credit union changed its’ name to Allegheny Advantage Federal Credit Union and then to Allegheny Energy Federal Credit Union.
In 2012, the name was changed to FirstEnergy Federal Credit Union to coincide with our updated charter which offers membership to family members of existing members, all employees/retirees of FirstEnergy Corp. and their family members, and retirees of Allegheny Energy, Inc. and their family members.
To learn more about our financial products and services, please take a few minutes to browse our website.
