Building Tomorrow Together 2025 Annual Report Under the theme “Building Tomorrow Together,” the 2025 Annual Report highlights a year of significant recovery and strategic expansion for PECU. The credit union achieved a remarkable turnaround in profitability, reporting a net surplus of over $7.0 million after the previous year’s investment write-off. This strong financial rebound allowed […]

Building Strong: Resilience + Adaptability 2024 Annual Report The 2024 Annual Report, themed “Building Strong: Resilience + Adaptability,” detailed a challenging fiscal year for PECU. A significant one-time provision of $6.9 million on an underperforming investment severely impacted profitability, reducing the net surplus to $456,830. Despite this financial setback, the credit union demonstrated resilience by […]

Celebrating our 50th Anniversary 2023 Annual Report Celebrating its 50th Anniversary, PECU’s 2023 Annual Report reflected a period of steady performance amid lingering global economic challenges. The credit union grew its assets to $199.3 million and increased its loan portfolio to $96.9 million. While the net surplus decreased to $6.24 million, the organization remained profitable […]

New Beginnings 2022 Annual Report The 2022 Annual Report, themed “New Beginnings,” detailed PECU’s resilience during the ongoing COVID-19 pandemic. Despite economic challenges affecting its core membership, the credit union achieved a net surplus of $9.15 million and grew its assets to $195.3 million. Key initiatives included advancing digital transformation with online loan processing, continuous […]