From staff reports
Clarion Federal Credit Union is modernizing and changing its name to Top Tier Federal Credit Union.
The organization announced the change this week.
Board president Deb Boyles, explained, “The credit union will have a new name but will continue to deliver the same great products and services that members have come to expect.”
Mark Lauer, CEO, added, “The Top Tier name will aid in our continued expansion into markets outside of our local geographic area.”
“Over the last six years the credit union has given $1.85 million back to its members in the form of a special bonus dividend and has been recognized as one of the leading credit unions in the nation for return to member as ranked by Callahan & Associates Inc.,” said the statement.
In 2021, Top Tier Federal Credit Union expanded its field of membership from four to 13 counties in northwest Pennsylvania.
Plans are in place to build a branch location in the Butler area followed by another location in the Hermitage area.
The credit union has been doing business in the local area for over 82 years.
The original, Clarion Onized Federal Credit Union, was created in 1940 by 20 members of the Owens Illinois glass plant in Clarion. In 2010, the name was shortened to Clarion Federal Credit Union. Now in 2022, the name is being updated to Top Tier Federal Credit Union in hope of bringing its credit union’s services to potential members of 13 counties in Northwestern Pennsylvania.
For more local news, visit TheClarionNews.com.