Precision Federal Credit Union

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.