We are excited to announce the approved merger of our credit union, Alcoa Pittsburgh Federal Credit Union, with another trusted, member-focused institution, CHROME Federal Credit Union. By combining our strengths, we will offer exceptional service and innovative tools that make managing your money easier and more rewarding.
Please visit chromefcu.org/alcoamerger for more details.
For 37 years, Alcoa Pittsburgh FCU’s esteemed manager, Lisa Balcer, led with exceptional dedication, overseeing remarkable growth in both the credit union’s size and profitability. Sadly, following a critical medical event last year, she is now on long-term disability and unable to return to her role.
In honoring her legacy and ensuring a strong future for the credit union, she and the Board thoughtfully agreed that merging with a like-minded partner was the best path forward. Our solid financial health allowed us to be deliberate and selective in that choice to offer our members the best path forward.
The member vote concluded on July 9, 2025, with an overwhelming majority approving the merger.
CHROME Federal Credit Union was founded on April 13, 1971, as Washington Steel Federal Credit Union by seven employees of the Washington Steel Company.
When the local economy changed, the credit union evolved, and membership eligibility was expanded to include the eight counties in Southwestern PA. As other credit unions merged into CHROME, their branch footprint expanded, and they now have over 13,000 members.
CHROME Federal Credit Union is a values-driven organization whose actions speak louder than words. Over the past three years, the Observer-Reporter readers have awarded them First Place Awards in Best Overall Business, Best Philanthropic Business, and Best Credit Union. Additionally, CHROME has consistently received Bauer Financial’s highest rating for financial strength. The words of their membership are reflected in the 125 5-Star Google reviews given over the past two years.
The Alcoa Pittsburgh FCU Board met with a number of local credit unions, and we chose CHROME Federal Credit Union because they share the same values and member-first philosophy that have always defined us
Expanded Member Access: After the data integration in early 2026, Alcoa Pittsburgh FCU members will have access to three additional CHROME FCU branches in Allegheny and Washington counties, as well as an expanded ATM and shared branching network with over 30,000 ATMS and 5,000 credit union branches nationwide.
Enhanced, Localized Member Support: In addition to the team that currently serves you at Alcoa Pittsburgh, CHROME provides a local support line, CHROME Care, helping to ensure you receive prompt assistance when you need it. This team is available by phone and email and will be ready to assist you through the integration process in 2026.
Improved Technology: Following the account integration in 2026, Alcoa Pittsburgh FCU members will enjoy an enhanced digital banking experience, offering greater convenience, powerful tools, and expanded support to help manage your finances with ease and efficiency.
Enhanced Financial Products and Services: In an ever-changing financial services sector, together with CHROME, we will achieve great scale, offering a wider range of products and services tailored to your diverse needs, reduce costs, and return more value to the members in the form of products, services, and community involvement.
Yes. Member deposits will continue to be federally insured by the National Credit Union Administration (NCUA).
The rates on fixed-rate loans and certificates would remain the same until the end of their existing terms. Other products would adjust as usual due to market conditions.
The member vote concluded on July 9, 2025, with an overwhelming majority approving the merger.
Please visit chromefcu.org/alcoamerger for more details.
Yes! The branch at 201 Isabella St., Suite 100, Pittsburgh, PA 15212, will remain open with no plans to close this location after the integration.
No. Both credit unions deeply value our talented and dedicated team members and recognize the importance of retaining them
Alcoa Pittsburgh FCU members will not have access to the CHROME branches until after the data conversion and integration in early 2026.
Please visit chromefcu.org/alcoamerger for more details.
No. All current memberships will remain the same.
Alcoa Pittsburgh FCU’s Chairman of the Board of Directors, John Foody, will join the current CHROME FCU Board of Directors. The remaining Alcoa Pittsburgh Board of Directors will voluntarily dissolve, and the CHROME FCU Board of Directors will remain.
Alcoa Pittsburgh and CHROME Federal Credit Unions are financially strong, each boasting a robust capital base of approximately 15%
Please call our Member Services team at 412-553-3100, email us at [email protected], and follow updates on the CHROME FCU merger information page, chromefcu.org/alcoamerger.
We are here to assist you!
ALCOA PITTSBURGH FEDERAL CREDIT UNION MEMBERS VOTE YES TO MOVE FORWARD WITH MERGER TO CHROME FEDERAL CREDIT UNION
On July 9, 2025, members of Alcoa Pittsburgh Federal Credit Union (FCU) overwhelmingly voted in favor of merging with CHROME Federal Credit Union (FCU), signifying official approval to start the merging process.
