PSECU and Rite Aid Employees CU Merger Completed
HARRISBURG, Pa. -- The merger between the Rite Aid Employees Credit Union and the Pennsylvania State Employees Credit Union was successfully completed on March 1.
Gregory A. Smith, PSECU president, said that the merger presents opportunities for members of RAECU to enjoy many enhanced products and services offered by PSECU, such as online account access with psecu@home, Bill Payer and UPost@Home.
"We look forward to a long-term relationship with the employees and family members of the Rite Aid Corp. and SuperValu Foods," said Smith. "PSECU has been serving its members with pride for more than 70 years. It is our desire that these former RAECU members come to recognize us as a trusted partner in serving their financial needs."
The RAECU board of directors firmly endorsed the merger, according to RAECU President Roland C. Lawrence, who added that the merger was the "right move."