EXTON, PA — Citadel Credit Union has signed a lease for a third Philadelphia branch, extending its expansion into North Philadelphia with a Hunting Park location planned for 2027 that will combine banking services with financial education and community programming.
The branch, at 133 W. Hunting Park Ave., will be developed in partnership with Esperanza, the building’s landlord and a nonprofit with a four-decade presence in the neighborhood. Citadel did not provide a specific opening date or disclose its investment in the new location.
The Hunting Park site follows Citadel’s first Philadelphia branch in Overbrook Park, which opened in January 2026, and a second location at 4900 Baltimore Ave. in Cedar Park that is scheduled to open later this year.
The expansion gives the Exton-based, member-owned credit union a presence in North, West and Northwest Philadelphia as it builds a physical branch network in neighborhoods where it already has customers. More than 17,000 Citadel members live, work or study in Hunting Park, according to the credit union.
The new branch will provide personal and business banking, mortgage lending and financial counseling. Citadel also plans to use the location for financial education workshops, community events and other neighborhood programming.
“We’ve always believed the most important thing we can do is show up,” Citadel President and Chief Executive Officer Bill Brown stated. “Not just to open a branch but to genuinely earn a place in a community.”
Esperanza has invested more than $300 million in community resources during its 40 years in Hunting Park and serves about 35,000 low-income Philadelphia residents annually, according to the release. Its programs include housing counseling, workforce development, education, economic development and the arts.
The partnership gives Citadel an established local organization as it enters a neighborhood with a substantial Latino population and expands its Philadelphia strategy beyond conventional branch services.
“This branch gives our neighbors a place to build wealth in their own neighborhood,” Esperanza founder and Chief Executive Officer Rev. Luis Cortés Jr. stated.
Philadelphia City Councilmember Quetcy Lozada, who represents the 7th District, also backed the project, citing Esperanza’s longstanding work in the community and Citadel’s decision to partner with the organization.
The Hunting Park opening will follow a period of accelerating Philadelphia expansion for Citadel. Its Overbrook Park branch became the credit union’s first location in the city at the start of 2026, while the forthcoming Cedar Park branch will establish its second before the North Philadelphia location opens in 2027.
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