Pennsylvania State Employees CU (64131), a $9.0B credit union headquartered in Harrisburg, PA, led by CEO Rudolph, reported 563,709 members at the end of 2025 Q3, a decrease of 30,369 members (-5.1%) compared to the same quarter last year.
Membership decline may reflect competitive pressure, field of membership constraints, or strategic focus on member quality over quantity.
Per-Member Economics
Pennsylvania State Employees CU's 563,709 members maintain an average of $14K in deposits and $12K in loans. Per-member balances growing faster than membership indicates deepening wallet share—a positive sign for member engagement.
Membership Trends
Recent membership trends warrant strategic review of acquisition channels and member value proposition.
Quarterly Membership Trend
| Period | Members | QoQ Change | Assets/Member |
|---|---|---|---|
| 2024 Q2 | 591,352 | $14K | |
| 2024 Q3 | 594,078 | +0.5% | $14K |
| 2024 Q4 | 595,617 | +0.3% | $15K |
| 2025 Q1 | 598,050 | +0.4% | $15K |
| 2025 Q2 | 564,139 | -5.7% | $16K |
| 2025 Q3 | 563,709 | -0.1% | $16K |
Source: NCUA 5300 Call Reports
Field of Membership Penetration
Pennsylvania State Employees CU has a defined field of membership comprising 3,361,706 potential members. With 563,709 current members, the credit union achieves a 16.8% penetration rate, representing significant untapped growth potential.
Historical Context: Since the 2008 Crisis
Pennsylvania State Employees CU's membership has grown 62% since Q3 2008, when the financial crisis peaked. At that time, the credit union served 347,828 members.
This sustained membership expansion reflects successful community engagement and competitive positioning over nearly two decades.
Peer Comparison
Among 86 credit unions in its $4.5B–$13.5B asset peer group, Pennsylvania State Employees CU ranks in the 4th percentile for membership growth. This suggests room for improvement in member acquisition and retention strategies.
Outlook
Pennsylvania State Employees CU's membership trajectory will depend on its ability to differentiate through service quality, digital capabilities, and community engagement in an increasingly competitive landscape.
Pennsylvania State Employees CU's Q4 2025 results, expected in early 2026, will provide further insight into whether the credit union can stabilize and reverse membership trends.
Track This Credit Union
Monitor Pennsylvania State Employees CU's quarterly membership trends, per-member economics, and engagement metrics with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Per-member metrics calculated by dividing totals by member count.