About Pittsford Federal Credit Union

About Pittsford Federal Credit Union

Financial Information

Pittsford Federal Credit Union has now served members for 52 years, providing financial resources, competitive products, and outstanding service. The Credit Union continues to grow and is currently the fourth largest credit union in the Greater Rochester area. In December, we reached $484 million in assets while serving 20,744 members. We owe this continued success to the confidence and trust of our members.

Pittsford Federal Credit Union exists to provide friendly, member focused, financial services. The volunteer Board of Directors and the entire Pittsford FCU team are dedicated to providing exceptional member service in a knowledgeable, caring manner. We strive to efficiently provide quality services that exceed member expectations while ensuring that we remain a sound, stable financial institution.

Selected Amounts And Percentages20202019

Yield On Average Assets



Average Cost of Funds



Total Operating Expenses as a Percent of Assets



Loan Losses as a Percent of Average Loans



Total Capital as a Percent of Assets



Total Reserves & Undivided Earnings & Allowance for Loan Losses



View Financial Report

Credit Union History

Small Change and a Shoebox

When a small group of Pittsford Central School District employees got together and decided they wanted higher earnings on their savings and a source of affordable loans, the Pittsford Federal Credit Union was born. In 1968, these founders pooled their funds and launched the member-owned, not-for-profit financial cooperative.

For the first few years, the Credit Union was staffed entirely by volunteers. Funds were stored inside a shoebox in a classroom desk drawer, and all transactions were recorded by hand. Within just five years, membership grew to over one thousand members and assets topped $1 million.  We are proud to say that the first paid employee of Pittsford Federal Credit Union is still providing exemplary service to members today.

Serving the Wider Community

The adoption of a community charter in 1979 marked a major turning point in the Credit Union's history. Membership was no longer restricted to Pittsford School employees. The Credit Union began offering its products and services to anyone who lived or worked in the towns of Pittsford, Mendon or Honeoye Falls.

A Permanent Home

In 1980, the Credit Union rented its first professional space and began conducting business out of the Barn Bazaar Building in Tobey Village Office Park. Continuous increases in membership and mergers with the Singer and Nazareth College Credit Unions prompted a series of moves to larger and larger offices. In 1988, the Credit Union purchased its own building and settled into its present home at 20 Tobey Village Road.

New Products and Services

The 1990s was a decade of new product and service introductions. Along with a variety of savings account options and auto, mortgage and personal loans, the Credit Union added U.S. Savings Bonds, VISA Gold cards, signature guarantees and telephone banking to its menu of offerings. The Credit Union Web site made its debut in 1996, and online banking services were launched to wide acclaim in 1997.

A Second Branch

By 1998, after thirty years in business, the Credit Union had again outgrown its space. A second office was built in the town of Mendon, providing convenient branch banking for members. The second location would also house centralized computer hardware and systems and a new call center to handle ever-increasing call volumes.

Pittsford FCU in the New Millennium

In July 2006, a community charter expansion was approved, and membership was extended to individuals who live or work in the towns of Brighton, East Rochester, Perinton, Pittsford, Mendon, Victor, East Bloomfield, West Bloomfield, Lima, Avon, Rush or Henrietta. By the close of 2007, the Credit Union employed fifty-five people and assets exceeded $233 million.  Nine years later, Pittsford Federal Credit Union closed out 2016 with forty-eight employees and reached $380 million in assets, as well as supported over seventy-five local organizations. 

Adapting with the Advancement of Technology

In the age of technology, PFCU strives to keep up with the changing needs to provide the best service to members. In January of 2012, the mobile application for smart phones and tablets was released. This allowed for simpler access to account information on the go. Later that year, mobile check deposit was added as a new feature of the app. In summer of 2014, Popmoney was added to online banking; gaining the ability to pay someone through their email address or mobile phone number. ApplePay was added to the list of PFCU services in fall of 2015. This addition makes it easy to pay without even needing to open up your wallet, as your card information can be securely attached to your mobile device.

From shoebox savings to state-of-the-art technology, the Credit Union has come a long way. Growth and change will continue in the twenty-first century, as the Credit Union takes advantage of new opportunities and new technologies to respond to the changing needs of its members. The primary objective, however, will always remain the same: provide superior products and outstanding personal service to members.

You Are Leaving Pittsford Federal Credit Union's Site

For your convenience PittsfordFCU.org provides a variety of information on our web site that is not directly related to Pittsford FCU products or services. This information is provided through the use of third party service providers via web links. By accessing these links you will be leaving Pittsford FCU's web site and entering a web site hosted by another party. Pittsford FCU is not responsible for the content of this third party web site. Pittsford FCU does not represent either the third party or the member if the two enter into a transaction. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Pittsford Federal Credit Union. You are encouraged to review the privacy and security policies of the site you are entering, which may be different than those of Pittsford FCU.

Continue to Site