People First Credit Union Reaches $1 Billion Asset Milestone
More than 75 years after opening its doors in Allentown, People First Federal Credit Union has surpassed $1 billion in assets, a milestone that reflects not just growth, but generations of loyalty and shared success.
ALLENTOWN, PA — April 28, 2026 —
Founded in 1950 as Mack Local 677 Federal Credit Union, People First began with a single office serving Mack Trucks employees and their families in Allentown. Over time, the credit union grew alongside the communities it serves by expanding its membership, evolving into a full-service financial institution, and transitioning to a broader community and multi-state charter. Throughout its history, People First has remained deeply rooted in the Lehigh Valley and committed to local decision-making.
“Because we’re member-owned, our growth is different,” said Howard Meller, President and CEO of People First. “When People First grows, our members benefit through better rates, lower fees, and decisions made locally by people who understand this community. This milestone allows us to move forward with purpose while staying grounded in our People First roots.”
Crossing the $1 billion threshold positions People First for its next phase of service to members, strengthening offerings while maintaining local decision-making and cooperative principles. Planned investments include improved digital tools, expanded financial education, and increased access to affordable financial services.
“Our history has always been about people helping people,” Meller said. “As we look ahead, this milestone allows us to focus on what comes next. We’re investing in smarter tools, broader access, and financial well-being for the members we serve.”
Today, People First serves members across all 50 states and new members from Pennsylvania, New Jersey, Ohio, and West Virginia, with a continued focus on community presence, financial stability, and long-term member value.
About People First Federal Credit Union:
People First Federal Credit Union (People First) is a federally chartered and insured credit union that has been serving Pennsylvania, New Jersey, Ohio, and West Virginia by offering low-cost financial services for more than 75 years. With over $1 billion in assets and more than 77,000 members. A member-owned, caring, provider of financial services, People First is committed to helping the people of the Lehigh Valley and beyond to improve their lives and secure a better future.
