First Commonwealth holds grand opening of Allentown branch

First Commonwealth Federal Credit Union holds a virtual ribbon cutting at its new Downtown Allentown financial center. PHOTO/SUBMITTED


First Commonwealth Federal Credit Union has officially opened its Downtown Allentown financial center with a virtual ribbon cutting celebration.

The 840 W. Hamilton St. location is the credit union’s first urban bank.

“We are thrilled to be a part of the continued revitalization of Downtown Allentown and offer an entirely new, inclusive banking experience to those who live and work in this thriving urban hub,” said Donna LoStocco, president and CEO of First Commonwealth.

The new branch has walk-up, street-level access, rear parking, contactless banking and certified financial wellness counselors.

There are also two Interactive Transaction Machines, which provides extended service hours between 8 a.m. and 8 p.m.

With the new Allentown branch First Commonwealth now has 11 financial centers in the Lehigh Valley.

It recently opened its new flagship Trexlertown Financial center, which also includes a dedicated small business center.

First Commonwealth is a not-for-profit financial cooperative owned by its more than 68,000 members.

First Commonwealth opens new headquarters in Lower Macungie

First Commonwealth’s new corporate headquarter campus on Hamilton Blvd in Lower Macungie Township boasts an 81,000 sq ft headquarters facility and new flagship 5,000 sq ft two-story financial center featuring a dedicated small business center. PHOTO/SUBMITTED


The new corporate headquarters for First Commonwealth Federal Credit Union is now open on Hamilton Boulevard in Lower Macungie Township.

The corporate campus features an 81,000-square-foot headquarters facility and a new flagship 5,000-square-foot, two-story, full-service financial center, which features a dedicated business center.

The credit union said the building, dubbed the “Trexlertown Financial Center” is the largest of its 11 financial centers in the Greater Lehigh Valley.

“We’re proud to continue to invest in the Lehigh Valley and enhance our presence in the communities we serve and where our employees live, work, and play. Our new corporate headquarters allows us to offer an exceptional work environment for our growing workforce,” said Donna LoStocco, president and CEO of First Commonwealth in a release. “Our project is unique in that every aspect of our new headquarters came from input from our employees. We wanted the facility to be ‘for employees, by employees’ and that’s the approach we took through every phase of the project.”

She said the new headquarters was designed to be a high-functioning, friendly, and safe environment that offers an enjoyable and healthy “home at work” experience for its 220 employees.

The credit union consolidated two corporate operations centers in Bethlehem and Allentown into the Lower Macungie facility.

Both of those properties were sold in 2020.

The corporate campus was designed by MKSD Architects of Allentown and was constructed by Boyle Construction of Allentown.

FCFCU owns the 81,000-square-foot mixed-use building, occupying 61,000 square feet of the space.

The building also includes a 13,000-square-foot and a 7,000-square-foot commercial/retail tenant space, which both have exterior first floor entrances. FCFCU has already secured tenants for both spaces.