Penn South Credit Union News

New Credit Union Policy – Reporting Loan Information to Credit Reporting Agencies

Please take notice of a new Policy the Credit Union has adopted which could affect some of our shareholders. To date, the Credit Union has not been reporting loan information to credit reporting agencies. However, effective February 1, 2017, the Board of Directors have voted to begin reporting loan and mortgage information for all shareholders.This new policy… Read more »

New Limited Time Rates for Federally Insured Certificates of Deposit Announced

The Penn South Federal Credit Union is very happy to announce new limited time rates for federally insured certificates of deposit.  Certificates of Deposit are a Members only Service, so book an appointment to join the Penn South Federal Credit Union and/or open a Certificate of Deposit account. You may schedule an appointment to open a… Read more »

Direct Payment Form Available

The Penn South Federal Credit Union (“PSFCU”) allows members to make direct payments from their non credit union savings or checking accounts to their PSFCU loan accounts.  Users are welcome to fill the attached Direct Payment Form attach a voided check, and then make an appointment at the Credit Union office to process the request. Click here to request an appointment

Credit Union Celebrates Penn South’s History

Penn South is the common name for the Mutual Redevelopment Houses, a limited-equity housing cooperative development located between Eighth and Ninth Avenues and West 23rd and 29th Streets, in the Chelsea neighborhood of Manhattan, New York City. The 10-building. 2,820-unit complex – every tower has 22 floors – was built in 1962, and was sponsored… Read more »