Don’t Tax My Credit Union – This is an important update that could affect you and the nearly 140 million credit union members across our country. Unlike for-profit banks, credit unions are not-for-profit financial cooperatives, meaning we don’t answer to corporate shareholders – we exist to serve you. Our federal tax-exempt status makes that possible. It allows us to reinvest in our members and communities in ways other financial institutions don’t – and is a model that has flourished for over a century.
Efforts to change the tax status of credit unions continue to move forward in Congress. If these proposed changes move forward, the consequences could be devastating. But together, we can make a difference. Learn more & take action here!
Mercer County Community Federal Credit Union celebrated 68 years of service to its members at their Annual Meeting held on April 12, 2025. Sandi Carangi, CEO, reported that over the past year the credit union opened its new office in Hermitage, added new services to support the financial needs of its growing membership, and donated thousands of dollars to non-profit organizations in the community carrying out the credit union philosophy of “People Helping People.”
In addition, Mercer County Community FCU awarded seven Continuing Education Awards to local high school graduating seniors at the annual meeting. The following students received $1,000 scholarships:
William Beckert, Sharon High School Grace Connelly, Sharon High School Madeline Johnson, Titusville High School Mia Labbiento, Sharpsville High School Mia Sarchet, Sharpsville High School Logan Stanford, Hickory High School Hannah Wiesen, Hickory High School
The seventh $1,000 scholarship was given in memory of David Burich, a member of the credit union board of directors and retired teacher and coach. This special scholarship was given to a student who aspires to be a teacher. Hannah Wiesen, a senior at Hickory High School, was selected to receive this award.
Honorable mention awards in the amount of $100 each were also given to the following students: Norah Butchy, Sharon High School; Ella Lipo, Wilmington High School; Jasmine McGee, Sharon High School; Lenore McMuldren, Reynolds High School; Jonathon Stanek, Sharon High School; and Conor Tharp, Sharpsville High School.
In support of continuing education for youth in our community, the Mercer County Community FCU scholarship awards began in 2000 and has since awarded over $127,000 to area students pursuing an academic, professional, or vocational post-high school education.
The first time you log into online banking on or after April 29th, you will be prompted to re-accept the user agreement as result of enhancements to our system. Please note the content of the agreement has not changed since you last accepted it. This update may also affect some members that have devices that are no longer compatible with the changes. We expect this to affect very few of our members but want to make sure you are informed of the changes.
Our mobile app provides members convenient access to Mercer Community Federal Credit Union’s mobile website, mobile check deposit, mobile banking, branch & contact information, help and our loan application.
Our app can be downloaded from the Google Playstore or Apple App Store. Search for Mercer County Community FCU. For assistance, contact one of our offices.
If you receive a call or text message about your debit card and are asked to give information from the card, do not share this information with anyone. Fraud alerts from our credit union will only ask you to verify a recent purchase with a yes or no answer. Legitimate callers will not ask you for information such as the zip code or security code from the back of your card. If you are unsure, please hang up and call our office to report this activity.
Ending 2024, Mercer County Community Federal Credit Union joined the CrossState Credit Union network to spread kindness in the name of CU Kind Day. CU Kind Day is a time for credit union employees and volunteers to come together and spread kindness and demonstrate the credit union philosophy of “People Helping People.”
“We were excited to participate in the spirit of CU Kind Day again this year. Employees, board and supervisory members were encouraged to give back to our community by volunteering or donating to a local agency or event,” said Sandi Carangi, CEO. “In turn, the credit union donated over $2,000 to non-profit organizations throughout the Shenango Valley.”
In the spirit of giving, 20 non-profit organizations benefited from this initiative. Credit union staff volunteers taught financial literacy classes and contributed to organizations such as libraries, performing arts, senior centers, animal charities, and other social services.
This is the second year in a row that the credit union has supported CU Kind Day. A photo collage was created to capture the many areas the staff and volunteers impacted with their time and resources while increasing credit union awareness and spreading kindness.
