Precision Federal Credit Union is committed to providing members with excellent personal service. We are focused on providing financial information and services to meet and exceed our members’ needs through personal interactions, in person and on the phone.
We are a federally chartered financial institution, insured by National Credit Union Administration (NCUA). We are examined annually by the NCUA, as well by independent auditors, as regulated by the NCUA.
PFCU was established as a select employee group (SEG) credit union in 1953 to provide financial services to MPB (now known as Timken) employees and their family members.
— As a not-for-profit institution, all profits earned from operations are returned to members in the form of lower fees, better rates, and more services and dividends.
— The PFCU board of directors is made up of volunteers who are democratically elected by PFCU members.
— We have grown from 98 members in 1953 to over 1,850 members in 2019.
— Savings and capital has increased from $27,000 in 1953 to over $18 million in 2019.
Mission and Vision
— Vision statement – To be our owner-members’ primary financial institution by providing the products and services that support their needs.
— Mission statement – To serve our owner-members’ needs while providing a safe and trusted financial environment with an emphasis on service.
Join us as a member! If you’re tired of being feed to death from your bank or big credit union, we can make the transition easy for you. You’ll always speak to a real person if you call us, or meet with someone who can assist you when you come in.
