FirstEnergy Choice Federal Credit Union is a full-service member owned, not-for-profit organization, dedicated to serving its membership. The Credit Union was chartered in 1935 and offers a variety of financial services to:
- employees of FirstEnergy Corp.
- family members of an existing FirstEnergy Choice Federal Credit Union 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! Everyone is eligible to apply to join multiple credit unions.
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.
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 CHOICE 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.
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 Phillips – Chairperson
Michael Phillips – Vice Chairperson
Brenda Dils – Chief Financial Officer
Brenda Trout – Recording Officer
David Friend – Director
Heather Krall – Director
Cynthia Menhorn – Director
Diane Momeyer – Director
John Munsch – Director
Diane Momeyer – President/CEO
Terry Ryan – Chief Operations Officer
Debbie Collins – Information Systems & Compliance Manager
Marc Lehman – Accountant
Sam Paul – Member Service Representative Coordinator
Lindsay Balliett – Senior Member Service Representative
Debbie Bashioum – MSR
Maureen Herczyk – MSR
Brenda Trout – Part-time Compliance Analyst
Thomas Trout – Chairperson
Lisa Wolfe – Chairperson
To learn more about our financial products and services, please take a few minutes to browse our website.