Average User Rating:
4 star rating based on 1 review.

Hershey Credit Union

232 Hershey Road
Hummelstown, PA 17036
717-533-9174
www.hersheyfcu.org

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Hershey Credit Union is headquartered in Hummelstown and is the 107^th largest credit union in the state of Pennsylvania. It is also the 2,251^st largest credit union in the nation. It was established in 1949 and as of December of 2011, it had grown to 20 employees and 6,882 members. Hershey Credit Union has a 5-star health rating.

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See Rates for: Savings | Money Market | CD | IRA

Hershey Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	$10k	-	IRA Accumulation Share Account
0.25%	$10k	-	Roth IRA Accumulation Share Account
0.25%	$10k	-	Coverdell ESA Accumulation Share Account
0.15%	$100	-	Regular Share Account
0.15%	$100	-	Holiday Share Account
0.15%	$100	-	Special Share Account

Hershey Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.50%	$100k	-	Money Market Account

Hershey Credit Union CD Rates

Apy	Min	Max	Product
1.55%	$500	-	60 Month Share Certificate
1.20%	$500	-	48 Month Share Certificate
0.90%	$500	-	36 Month Share Certificate
0.60%	$500	-	24 Month Share Certificate
0.50%	$500	-	18 Month Share Certificate
0.35%	$500	-	12 Month Share Certificate
0.25%	$500	-	6 Month Share Certificate

Hershey Credit Union IRA Rates

Apy	Min	Max	Product
1.55%	$500	-	60 Month IRA
1.55%	$500	-	60 Month Roth IRA
1.55%	$500	-	60 Month Coverdell ESA
1.20%	$500	-	48 Month IRA
1.20%	$500	-	48 Month Roth IRA
1.20%	$500	-	48 Month Coverdell ESA
0.90%	$500	-	36 Month IRA
0.90%	$500	-	36 Month Roth IRA
0.90%	$500	-	36 Month Coverdell ESA
0.60%	$500	-	24 Month IRA
0.60%	$500	-	24 Month Roth IRA
0.60%	$500	-	24 Month Coverdell ESA
0.50%	$500	-	18 Month IRA
0.50%	$500	-	18 Month Roth IRA
0.50%	$500	-	18 Month Coverdell ESA
0.35%	$500	-	12 Month IRA
0.35%	$500	-	12 Month Roth IRA
0.35%	$500	-	12 Month Coverdell ESA

Rates updated: 5/26/2012

Data for Q4 2011

Institution Statistics

HERSHEY
NCUA #	6095
BankRate Report	View
Year Chartered	1949
Employees	20
Primary Regulator
Assets and Liabilities
Assets	$49.51 million
Loans	$33.44 million
Deposits	$44.94 million
Equity Capital	$4.27 million
Loan Loss Allowance	$120,000
Unbacked Noncurrent Loans	$321,000
Historic Data - December 2010
Assets	$48.72 million
Equity Capital	$4.18 million
Loan Loss Allowance	$71,000
Unbacked Noncurrent Loans	$64,000
Real Estate Owned	$104,000
Profit Margin - Quarterly
Net Interest Margin	5.22%
Return on Assets	0.17%
Return on Equity	2.02%
Interest Income	$2.05 million
Non-Interest Income	$855,000

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Hershey Credit Union had $321,000 in non-current loans and owned real-estate with $4.39 million in equity and loan loss allowances on hand to cover it. This gives Hershey Credit Union a Texas Ratio of 7.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Hershey Credit Union held steady from 3.95% as of December 31, 2010 to 7.32% as of December 31, 2011, resulting in a negative change of 85.19%. This indicates that the balance sheet and financial strength for Hershey Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Hershey Credit Union has increased its total deposits by $602,000, resulting in 1.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Hershey Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Hershey Credit Union has $49.5 million in assets with $4.39 million in equity, resulting in a capitalization level of 8.86%, which is average.

Great For Average User
4 stars

- Jay - Monday, May 30, 2011 - 12:39 PM

The bank is great for the individual that needs to go the bank. The individuals at all the branches are very friendly and helpful when you walk in. Most times they remember you by name too. However, for the hours are a little tricky to make it in for some people, and the online banking site is less than optimal. All you can do is check your balances and sign up for bill payer. There is not the opportunity for other services either. Additionally, their website is hard to navigate to find information for on things such as their credit card, CDs, and other services the bank provides. Overall, the bank is great for an average user.