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NET Credit Union provides full-service financial services to its members, including checking and savings accounts, loans, mortgages, online and mobile banking, and financial guidance. As a member-owned, not-for-profit cooperative, deposits fund loans and services, delivering competitive rates, lower fees, and personalized service with digital and in-person access. Unlike traditional banks, it is owned by members and focuses on benefiting them, emphasizing a welcoming atmosphere, awards, and helping members stay engaged and financially successful. Its goal is to support members’ financial well-being by offering accessible, member-focused banking and guidance.
Industries
Consumer Software
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Scranton, Pennsylvania
Founded
1941
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NET Credit Union expands offering using Alacriti's instant payments. Highlights * NET Credit Union expanded its relationship with Alacriti to enable instant payment capabilities through the RTP(R) network and the FedNow(R) Service. * Following a successful Orbipay Loan Payments implementation in 2024, the credit union continued advancing its digital payments strategy with real-time Send and Receive capabilities. * Through Orbipay Payments Hub, NET Credit Union now benefits from a unified payments infrastructure designed to support scalable modernization and future payment innovation. Following a successful Loan Payments initiative, the Credit Union now connects to the RTP(R) network and the FedNow(R) Service. BRIDGEWATER, N.J. - July 14, 2026 - Alacriti, a leading provider of cloud-based payment technology and money movement solutions, announced that NET Credit Union, a full-service credit union headquartered in Scranton, PA, has expanded its relationship with Alacriti to further advance its payments modernization strategy. After successfully adopting Orbipay Loan Payments in 2024, NET Credit Union chose to use Alacriti's Payments Hub to enable real-time Send and Receive capabilities on the RTP network and the FedNow Service, offering faster money movement and a seamless member experience. Through Orbipay Loan Payments, NET Credit Union enhanced its loan payment experience with secure self-service payment capabilities, streamlined payment processing, and improved operational efficiency. The solution enables members to make convenient digital loan payments while helping staff reduce manual servicing processes and improve payment visibility. Building on Alacriti's existing foundation, NET Credit Union now leverages Orbipay Payments Hub to further modernize its payments infrastructure by offering instant payment capabilities. The implementation provides: * Smooth Rollout: Instant payments were introduced through a controlled implementation with no disruption to members or operations. * Growing Organic Adoption: Member usage continues to grow as more members experience the benefits of real-time payments. * Faster Member Experiences: Members can move money quickly and conveniently in seconds. * Built on Existing Infrastructure: NET Credit Union expanded capabilities without replacing existing systems or creating operational burden. * Ready for What's Next: The platform provides a foundation for future payment innovations and enhanced member experiences. "NET Credit Union's continued payments evolution is a perfect example of progressive payments modernization," said Mark Majeske, Senior Vice President of Faster Payments at Alacriti. "By building on the success of its loan payments initiative, NET Credit Union was able to quickly expand into instant payments using the same trusted technology foundation. This approach allows institutions to deliver new payment solutions faster, simplify operations, and create a scalable framework for future innovation." NET Credit Union's continued adoption of Alacriti's platform reflects a broader industry shift toward real-time payments and demonstrates how financial institutions can build on existing investments to unlock new capabilities over time. As new payment rails, use cases, and consumer expectations continue to emerge, Alacriti remains committed to helping banks and credit unions deliver seamless money movement experiences while building on the foundation for future payment innovation. About Alacriti Alacriti stands at the forefront of payments innovation, delivering comprehensive payment and money movement solutions to financial institutions. Its commitment is to empower its clients and their users with seamless, easy-to-use, and secure real-time payment experiences across all preferred channels, rails, types, and devices. Alacriti's innovative solutions provide cutting-edge payment technologies that integrate effortlessly with existing infrastructures. Discover more about how Alacriti Infosystems Pvt. Ltd. is transforming payments at Alacriti.com. About Net Credit Union A Credit Union is a place to do your banking. NET is a not-for-profit financial institution, and Alacriti Infosystems Pvt. Ltd. operate like a bank except Alacriti Infosystems Pvt. Ltd. don't issue stock on Wall St. Since Alacriti Infosystems Pvt. Ltd. don't have to pay stockholders, Alacriti Infosystems Pvt. Ltd. use its income to provide lower loan rates, higher deposit rates, reinvest in its community, give to charities (#netcares), and keep its fees low. There's so much more you get when you bank on NET. Press Contacts: Net Credit Union Name: Lauren Pabst Email: [email protected]
NET Credit Union collaborates with Meridian Financial Associates to expand wealth management solutions. Apr 29, 2026 | Press Scranton, PA April 15, 2026 - NET Credit Union is proud to announce a new relationship with Meridian Financial Associates, enhancing the range of wealth management solutions available to its members. Through this collaboration, members will gain access to comprehensive advisory services designed to support long-term financial goals and confidence. These services include: * Retirement Planning * Exit Planning & Succession Strategy * Business Strategy & Financial Planning * Personal Financial Planning for Families * Cash Flow Planning * Investment Strategies * Trust Structures & Legacy Design * Entrepreneurial Growth & Leadership Alignment * Client Experience Innovation & Advisor Development Meridian Financial Associates, headquartered in Wilkes-Barre, PA, is a full-service financial firm known for its expertise, professionalism, and personalized approach. The firm works closely with clients to tailor strategies that reflect their unique goals, priorities, and financial circumstances. Brian Dougher, CEXP, Partner at Meridian Financial Associates, shared his enthusiasm for the collaboration: "At the heart of this relationship is a simple belief: a member's income is their most powerful financial resource. It fuels their life today and builds the foundation for the retirement they deserve tomorrow. Together, NET Credit Union is creating a planning experience that helps members protect that income, remove financial threats, and build long-term confidence. This relationship isn't about products - it's about people, clarity, and giving every member a path toward their financial goals." This relationship reflects NET Credit Union's ongoing commitment to delivering meaningful value and trusted financial guidance to its members at every stage of life. A Credit Union is a place to do your banking. NET is a not-for-profit financial institution, and NET Credit Union operate like a bank except NET Credit Union don't issue stock on Wall St. Since NET Credit Union don't have to pay stockholders, NET Credit Union use its income to provide lower loan rates, higher deposit rates, reinvest in its community, give to charities (#netcares), and keep its fees low. There's so much more you get when you bank on NET. - Not NCUA Insured - Not a Deposit Product - No Credit Union/Affiliate Guarantee - Not a Condition of Any Credit Union Service - May Lose Value. Brian Dougher is a Registered Representative of and offers securities, investment advisory and financial planning services through MML Investors Services, LLC, Member SIPC (www.sipc.org). Meridian Financial Associates and NET Credit Union are not subsidiaries or affiliates of MML Investors Services, LLC, or its affiliated companies. Supervisory Office: 7101 Wisconsin Ave, Suite 1200, Bethesda, MD, 20814. (301) 907-9030. Brian Dougher is licensed to sell insurance in: CA (Domiciled in PA, CA Insurance License#: 0HS0143), FL, MD, NC, NJ, NM, NV, NY, OR, PA, TN, VA, WV, and licensed to sell securities in: CA, CO,DE, FL, MA, MD, NC, NJ, NM, NV, NY, PA, SC, WV. NET Credit Union receives compensation from MML Investors Services, LLC (MM LIS) and its affiliates for referring clients to MM LIS and its representatives. This compensation creates an incentive for NET Credit Union to refer clients to MM LIS and its representatives, resulting in a material conflict of interest. MMLIS's affiliates include Massachusetts Mutual Life Insurance Company and its affiliated subsidiary insurance companies (MassMutual), and MML Insurance Agency, LLC (MMLIA}.
Scranton, PA Thursday, May 15th, 2025 - NET Credit Union awarded $10,000 in scholarships to two local recipients at its Annual Meeting.
The Tyndall Federal Credit Union Board of Directors announced today that Jim Warren will retire as President and CEO of the Credit Union effective January 2025, after an exemplary 20-year tenure.
NET Credit Union selects Bankjoy for digital onboarding solution.
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Industries
Consumer Software
Financial Services
Company Size
11-50
Company Stage
N/A
Total Funding
N/A
Headquarters
Scranton, Pennsylvania
Founded
1941
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