Expanding Financial Services- The Rise of Arc Federal Credit Union in Altoona, PA_1
ARC Federal Credit Union in Altoona, PA has been a cornerstone of the community for over half a century, providing financial services and support to local residents and businesses alike. As a not-for-profit financial cooperative, ARC Federal Credit Union operates with the mission of promoting financial well-being and offering members a range of products and services tailored to their needs. In this article, we will explore the history, services, and impact of ARC Federal Credit Union in Altoona, PA.
ARC Federal Credit Union was founded in 1965 by a group of employees at the Altoona Works of the American Car and Foundry Company. Initially, the credit union served only the employees of the company, but over the years, it expanded its membership to include the entire community. Today, ARC Federal Credit Union has over 40,000 members and serves a diverse population in Blair, Bedford, Huntingdon, and Cambria counties.
One of the key reasons for ARC Federal Credit Union’s success is its commitment to personalized service. The credit union understands that each member has unique financial goals and challenges, and it strives to provide solutions that fit their individual needs. From personal banking services such as checking and savings accounts, loans, and credit cards to business services like commercial loans and merchant services, ARC Federal Credit Union offers a comprehensive suite of products and services.
In addition to its traditional banking services, ARC Federal Credit Union is also dedicated to financial education. The credit union offers free workshops and seminars on topics such as budgeting, saving, and investing, helping members make informed financial decisions. Through its “ARC Education” program, ARC Federal Credit Union aims to empower its members to take control of their finances and achieve their long-term goals.
ARC Federal Credit Union’s impact on the Altoona community extends beyond its financial services. The credit union actively participates in community events and initiatives, supporting local organizations and causes. From sponsoring local sports teams to contributing to food drives and Habitat for Humanity projects, ARC Federal Credit Union is committed to giving back to the community that has supported it for so many years.
In recent years, ARC Federal Credit Union has also embraced technology to enhance its services and make banking more convenient for its members. The credit union offers online banking, mobile banking, and a robust ATM network, allowing members to manage their finances on the go. This commitment to innovation ensures that ARC Federal Credit Union remains a leader in the financial industry and continues to meet the evolving needs of its members.
As ARC Federal Credit Union celebrates its 55th anniversary, it looks forward to continuing its legacy of service and commitment to the Altoona community. With a focus on personalized service, financial education, and community involvement, ARC Federal Credit Union is well-positioned to serve its members for many years to come. Whether you are a long-time member or new to the community, ARC Federal Credit Union in Altoona, PA is a trusted financial partner that you can count on.
