About Us
At PSFCU, Every Customer is Both a Member & Owner
Since 1936, PSFCU (A Division of Pasadena Federal Credit Union) has served the unique banking needs of Pasadena Unified School District and Pasadena City College faculty and staff. Over the years, PSFCU has evolved into a community chartered financial institution that services the World Class City of Pasadena and surrounding areas.
In 2009, Vernon Commerce Federal Credit Union was acquired and continues to operate as a division of PSFCU. As a not-for-profit financial cooperative, PSFCU does not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to members in the form of lower loan rates, higher interest on deposits, and lower fees.
In June 2016, we had a charter expansion to territories from Covina, down Huntington Park and West of Glendale. Every member has equal ownership and one vote – regardless of how much money a member has on deposit.
In March 2024, the NCUA has officially approved the merger between Pasadena Federal Credit Union and Pasadena Service Federal Credit Union.
John Muir High School
We opened up a brand new student run credit union branch at John Muir High School, affectionately known as the Mustang Branch! Students gain valuable work experience, career mentorship, and more.