Pittsburgh Central Credit Union

Pittsburgh Central Credit Union is headquartered in Sewickley and is the 123^rd largest credit union in the state of Pennsylvania. It is also the 2,497^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 12 employees and 10,088 members. Pittsburgh Central Credit Union's savings rates are 4X the national average, and it has a 3-star health rating.

Pittsburgh Central Credit Union Savings Account Rates

Pittsburgh Central Credit Union Money Market Rates

Pittsburgh Central Credit Union CD Rates

Pittsburgh Central Credit Union IRA Rates

Data for Q4 2011

Institution Statistics PITTSBURGH CENTRAL NCUA # 1853 BankRate Report View Year Chartered 1936 Employees 12 Primary Regulator Assets and Liabilities Assets $41.20 million Loans $23.40 million Deposits $37.84 million Equity Capital $3.32 million Loan Loss Allowance $609,000 Unbacked Noncurrent Loans $1.00 million Historic Data - December 2010 Assets $45.94 million Equity Capital $3.37 million Loan Loss Allowance $773,000 Unbacked Noncurrent Loans $1.03 million Real Estate Owned $15,000 Profit Margin - Quarterly Net Interest Margin 6.66% Return on Assets 0.18% Return on Equity 2.26% Interest Income $1.92 million Non-Interest Income $392,000

Institution Health Overall Score: 3 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 Pittsburgh Central Credit Union had $1 million in non-current loans and owned real-estate with $3.93 million in equity and loan loss allowances on hand to cover it. This gives Pittsburgh Central Credit Union a Texas Ratio of 25.51% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Pittsburgh Central Credit Union held steady from 25.17% as of December 31, 2010 to 25.51% as of December 31, 2011, resulting in a negative change of 1.35%. This indicates that the balance sheet and financial strength for Pittsburgh Central Credit Union has held steady in recent periods. Deposit Growth In the past year, Pittsburgh Central Credit Union has decreased its total deposits by -$4.82 million, resulting in -11.31% 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 Pittsburgh Central Credit Union has shown is poor. 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. Pittsburgh Central Credit Union has $41.2 million in assets with $3.93 million in equity, resulting in a capitalization level of 9.54%, which is average.

No reviews have been left for this bank yet. Be the first to review.