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A McKeesport-based credit union has celebrated the opening of its first branch location.
Parkview Community Federal Credit Union’s North Huntingdon Twp. branch is located at 12260 Route 30, near the Norwin Towne Square shopping center.
A spokeswoman said the branch was designed to be “tech-savvy and eco-friendly.”
A grand opening celebration was held Aug. 10. Regular hours are weekdays 9 a.m. to 4:30 p.m., with extended evening hours on Wednesdays until 6:30 p.m.
Parkview's main branch is located on Eden Park Boulevard, near McKeesport Area High School and adjacent to Renziehausen Park.
Credit unions are member-owned cooperatives that offer most of the same services as conventional banks.
The federal Credit Union Act was signed into law in 1934 by President Franklin D. Roosevelt.
Parkview was founded in 1935 as the National Tube Employees Federal Credit Union to serve steelworkers in McKeesport. It holds one of the first 500 federal credit union charters granted.
According to the U.S. National Credit Union Administration, Parkview holds about $47 million in assets and has more than 9,400 members. Depositors are insured by the NCUA for up to $250,000 each.
Membership in Parkview is currently open to residents of about 80 communities in Allegheny and Westmoreland counties, as well as members of Steamfitters Local Union 449 and Boilermakers Local Union 154.
Editor's Note: Tube City Community Media Inc. is a member of Parkview Community Federal Credit Union.
Originally published August 18, 2019.