Members 1st Federal Credit Union Poised To Expand Footprint With Pending Branch Spin-off In Williamsport

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Members 1st Federal Credit Union has taken a significant step towards expanding its presence with the pending spin-off of a First Harvest Credit Union branch in Williamsport, Pennsylvania.

This move marks the beginning of an exciting chapter for Members 1st, as it focuses on strategic growth initiatives to serve its growing membership base. The pending spin-off represents a natural progression of this vision, aiming to provide a convenient and reliable banking experience to individuals, businesses and thousands of existing members in Williamsport and the surrounding communities.

Member Benefits of Spin-off Transaction:

  • A core value of Members 1st is giving back to the community it serves. In 2023, Members 1st supported 431 community and charitable events and donated $533,476 to area non-profit organizations.
  • Members 1st is well equipped to serve the small business community with a variety of products and services, including cash management.
  • Members 1st has more than $7 billion in assets and has the financial strength and management experience to successfully integrate into Williamsport.
  • Members 1st is a well-respected financial institution, having been recognized by Forbes as a Best-in-State Credit Union.
  • Members 1st has nearly 60 branches across Pennsylvania and robust digital banking capabilities allowing members to bank anywhere, anytime.

“We would be thrilled for the opportunity to provide our nearly 6,000 existing members in Williamsport and surrounding areas with a home branch and to create meaningful relationships with new members, businesses and nonprofit organizations. Our credit union philosophy of people helping people is at the core of everything we do, and we would be excited to get our boots on the ground to start making a positive impact," said Mike Wilson, President and CEO. "Returning to the area where I grew up and expanding our presence there would be like coming home. We are eager to serve the community that has always held a special place in my heart."

The spin-off is dependent on the Williamsport branch members voting in favor of the proposal on April 8, 2024. If the vote is successful, the First Harvest Credit Union branch in Williamsport will become a branch of Members 1st later this year, and all members of First Harvest Credit Union at that branch will become members of Members 1st at that time.

About Members 1st Federal Credit Union:

Members 1st Federal Credit Union is a member-owned, not-for-profit financial institution with nearly 600,000 members and $7 billion in assets. While its administrative headquarters is based in Enola, PA, Members 1st serves its members and communities through its network of nearly 60 branch locations throughout Adams, Berks, Cumberland, Dauphin, Lancaster, Lebanon, Lehigh, Northampton, Perry and York counties, as well as its robust digital banking and call center channels. To learn more about Members 1st, visit or follow us on Facebook, Instagram, LinkedIn and X.


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