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Overview / Commentary
215-822-9119
123 Bethlehem Pike, P.o.box 527
Colmar, PA 18915

North Penn Credit Union is headquartered in Colmar and is the 211st largest credit union in the state of Pennsylvania. It is also the 3,858th largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 4 employees and 1,627 members. North Penn Credit Union's savings rates are 15% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership of North Penn Federal Credit Union is currently comprised of employees and their families from the list of separate employee groups as shown on our website. A "family member" is a person related to a credit union member by blood or marriage. - See Details

Reviews (1)

NPFCU: Excellence And Professionalism

I have been doing business with North Penn Federal Credit Union since 1989. I highly recommend this institution. It is a very safe and conservative CU. The staff is extremely knowledgeable, professional, and courteous. The service is excellent. This CU consistently scores high marks. Excellent. Five stars!



Health

Data for Q4 2013

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. North Penn Credit Union has a low asset base.

Texas Ratio

GRADE:
A+

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, 2013 North Penn Credit Union had $67,000 in non-current loans and owned real-estate with $1.52 million in equity and loan loss allowances on hand to cover it. This gives North Penn Credit Union a Texas Ratio of 4.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for North Penn Credit Union decreased dramatically from 6.49% as of December 31, 2012 to 4.41% as of December 31, 2013, resulting in a positive change of 32.09%.This indicates that the balance sheet and financial strength for North Penn Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B

In the past year, North Penn Credit Union has increased its total deposits by $16,000, resulting in 0.11% 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 North Penn Credit Union has shown is above average.

Capitalization

GRADE:
B

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. North Penn Credit Union has $15.65 million in assets with $1.52 million in equity, resulting in a capitalization level of 9.71%, which is above average.

Institution Statistics

Overall
NCUA #10720
Year Chartered1955
Employees4
Primary Regulator
Assets and Liabilities
Assets$15.65 million
Loans$3.86 million
Deposits$14.15 million
Equity Capital$1.50 million
Loan Loss Allowance$23,000
Unbacked Noncurrent Loans$37,000
Real Estate Owned$30,000
Historic Data - December 2012
Assets$15.65 million
Equity Capital$1.52 million
Loan Loss Allowance$40,000
Unbacked Noncurrent Loans$37,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.7%
Return on Assets-0.12%
Return on Equity-1.2%
Interest Income$381,000
Rates

Always verify rates and promotions with the bank or credit union. We are not North Penn Credit Union, we are a rate comparison website and can not provide official rates or promotions.

North Penn Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.60%$50k-IRA Account
0.20%$100-Regular Shares Account
0.10%--Christmas Club Account
0.10%--Vacation Club Account

North Penn Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$50k-Money Market Account

North Penn Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Share Draft Checking Account

North Penn Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.50%$1k-12 Month Share Certificate
0.50%$1k-18 Month Share Certificate
0.50%$1k-24 Month Share Certificate
0.40%$1k-6 Month Share Certificate

North Penn Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.50%$1k-12 Month IRA Certificate
0.50%$1k-18 Month IRA Certificate
0.50%$1k-24 Month IRA Certificate
0.40%$1k-6 Month IRA Certificate
Locations


North Penn Credit Union Locations
Branch Office123 Bethlehem PikeColmar, PA 18915-9778