History

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NET Federal Credit Union has served Northeastern PA for over 70 years. NET Federal Credit Union was chartered by the Farm Credit Administration on December 13, 1941. Its founders, Arthur L Coslett, and a group of concerned citizens desired a stable, safe place for the working people of Scranton to save and invest their hard earned money. We are a not-for-profit organization focused on conservative financial practices. You do not have to worry about us closing down or being purchased; we plan on being here for many decades to come.

NET Federal Credit Union is federally insured through the National Credit Union Administration (NCUA) in a manner equal in every respect to the federal insurance provided to banks. Deposits with NET FCU have share insurance protection up to $250,000.00. Retirement accounts like IRA’s are separately insured up to $250,000.000.

Board Members

Officers:

  • Paul Franceschelli – Board Chairman
  • Lori Doherty – Vice Chairman

Directors:

  • Donald Bailey
  • Karen Clifford
  • Jack Tigue