About Us

Mission Statement

The mission of the Energy People Federal Credit Union (EPFCU) is to provide high quality financial services to our members in a safe and secure professional environment.

The EPFCU

Your Energy People Federal Credit Union is a not-for profit financial cooperative owned and governed by our 1450 members. The Energy People Federal Credit Union was founded by our members who shared the common bond of employment in Public Service Electric and Gas (PSE&G) in Moorestown. The employees pooled their savings and lend money to each other at low interest rates. Credit unions started in Europe in the 1800’s, and then moved to Canada. The idea was introduced to the United States in the early 1900's, after which credit unions have continually evolved over the years to meet members' changing needs. While other banking institutions are merging at a rapid pace to cut jobs and improve their bottom line, our credit union has no such pressures, and remains personal and people-oriented.

When you join Energy People Federal Credit Union, you open a "share" (savings) account and literally become part-owner of the credit union. Since your credit union is a not-for-profit organization, any money made above the cost of operations is returned to our members. This can be through dividends to members, offering of additional services, or low interest rates on loans.

As the years went by, we began serving other locations of PSE&G in South Jersey, and expanded our financial services. Today the Energy People Federal Credit Union boasts over $11 million dollars in assets, and is one of 11,000 credit unions chartered in the United States. One thing has not changed though; you are not just a customer, but a part owner of your credit union along with your active and retired co-workers.