For many years community activists have been calling downtown Allentown a banking desert, but that is rapidly changing. 

First Commonwealth Federal Credit Union is now offering special financing and enhanced business solutions for small business owners.  

Lehigh Valley-based First Commonwealth Federal Credit Union has acquired Baker Federal Credit Union, Phillipsburg, New Jersey.   

Two Allentown collection agencies are partnering with First Commonwealth Federal Credit Union of Trexlertown to offer credit counseling services to people and businesses that find themselves owing money. 

First Commonwealth Federal Credit Union of Trexlertown has announced the appointment of Terry Grier as chief lending officer. 

Tricia C. Szurgot, executive vice president and COO of First Commonwealth Federal Credit Union in Trexlertown is leaving her post, and the state to take on an exciting new role in Maryland. 

Baker Federal Credit Union of Phillipsburg, New Jersey has announced its intent to merge with First Commonwealth Federal Credit Union of Trexlertown. 

The U.S. Small Business Administration has made changes to its COVID Economic Injury Disaster Loan (EIDL) program that a local banking executive said many businesses will find advantageous. 

First Commonwealth Federal Credit Union started in 1959 serving the manufacturing segment of AT&T, which was then known as Western Electric. Donna LoStocco joined the credit union in 2016 as president and CEO with a mission to grow membership.

First Commonwealth Federal Credit Union took the opportunity of International Women’s Day to announce that it has named Karla Trumbauer to the post of chief information and technology officer, making 50% of the credit union’s executive roles held by women.