Leadership Lackawanna
Northeastern Pennsylvania’s premier community leadership and professional development organization

Organizational Spotlight

NET Credit Union

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Tell us a brief history/background of your organization?

Like so many great American success stories, NET Credit Union’s (NET) story begins with a small group of concerned citizens, a modest amount of start-up funds, and a dream of a better future for their families, friends and neighbors. In 1941, a group of concerned citizens wanted to create a stable, safe place for the working people of Scranton to save and invest their hard-earned money.  The philosophy of the credit union was to make credit available to people of lesser means through a national system of cooperative credit, thereby helping to stabilize the credit structure of the United States.  Today NET exists to help its members succeed financially through cooperation and teamwork.

Tell us something fun your company offers its employees?

Once a year, we hold a family event to which all employees are invited to bring their families. We change it every year…one year it was a Penguins hockey game, another year it was Knoebels. It’s always fun to be able to meet everyone’s family members.

How is your organization a leader in your industry?

We continually reinvest in technology and focus on improvement.  With the tight-knit management team and staff leading these changes, NET continues to grow each year. In our industry, we’re recognized by peers and considered an Award-Winning Financial Institution: 

2016

  • Excellence in Consumer Lending by Credit Union National Association

  • Leader in Financial Literacy by Pennsylvania Credit Union Association

  • 5 Star Rated (All Quarters) by Baurer Financial

2017

  • Exceptional Marketing Ideas by Card Services for Credit Unions

  • “Out and About” Marketing Award by Pennsylvania Credit Union Association

  • 5 Star Rated (All Quarters) by Baurer Financial

2018

  • 5 Star Rated (All Quarters) by Baurer Financial

  • Leader in Financial Literacy by PCUA

  • Exceptional Marketing Ideas by Card Services for Credit Unions

2019

  • “Out and About” Marketing Award by Pennsylvania Credit Union Association

  • Diamond Brand Awareness Award by Credit Union National Association

  • 5 Star Rated (All Quarters) by Baurer Financial

How is your organization a leader in the community?

The community is very important to NET and we have branded our efforts: #netcares.  You can see all we do in the community by searching this hashtag on your favorite social media. In addition, NET is making an effort to work with members in our community, one-on-one, to help them increase their credit scores: https://www.netcreditunion.com/creditscore/. Our community has recognized these efforts: 

2017

  • Best Credit Union by Times Shamrock Readers’ Choice

  • Best Exterior Renovation by SAGE - Greater Scranton Chamber of COmmerce

2018

  • Best Credit Union by Times Shamrock Readers’ Choice

  • Best in Community Development by SAGE - Greater Scranton Chamber of Commerce

2019

  • Best Staff Award by Times Shamrock Readers’ Choice

2020

  • Readers’ Choice Best Credit Union Award  by Times Shamrock Readers’ Choice

Tell us something interesting about NET?

Like most credit unions, NET has an exclusive membership.  It’s important for NET to partner with other local businesses to extend the credit union membership to the businesses’ employees, and we hope to partner with even more businesses: https://www.netcreditunion.com/preferred-partnership/

Nicole Morristell