Police and Fire Federal Credit Union

Police and Fire Federal Credit Union Locations

901 Arch Street
Philadelphia, PA 19107
215-931-0300
www.pffcu.org

NCUA

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Police and Fire Federal Credit Union is headquartered in Philadelphia and is the largest credit union in the state of Pennsylvania. It is also the 24^th largest credit union in the nation. It was established in 1938 and as of December of 2012, it had grown to 454 employees and 207,385 members. Police and Fire Federal Credit Union has a 5-star health rating.

Top Long-Term CD Rates at Police & Fire Federal Credit Union - PA Only - 8/15/2012

It's getting harder finding 2% CDs especially at large banks and credit unions which are available to large parts of the country. One large credit union that's still offering a 2% CD is Police and Fir ...

Certificate Redemtion Fees Waived (Forum) - 10/7/2011

Just received a notice from PFFCU that states: From October 1, 2011 through December 24, 2011, we will waive all redemption penalties for early withdrawal of your PFFCU Certificates. Well, a year ago I opened a 5 year CD at 4%APY that I definitely won't

Top CD Rates in Pennsylvania at Police & Fire Federal Credit Union - PA Only - 7/19/2011

It has been a while since I mentioned Police and Fire Federal Credit Union , but they should not have fallen off my radar. They continue to offer top long-term CD and IRA CD rates. The two best are th ...

Why Police and Fire FCU CD Rates Have Been So High - 1/5/2011

Police and Fire Federal Credit Union (PFFCU) reduced its CD rates in January, but its long-term CD and IRA CD rates continue to be very competitive. The best is its 5-year CD which has a 3.00% APY. Ot ...

2010

11/4 - Top Long-Term CD and IRA CD Rates Continue at Police and Fire FCU - PA Only
9/9 - Police & Fire Federal Credit Union Drops CD Rates (Forum)
7/29 - PFFCU Again Changes Eligibility Requirements for the Worse
7/8 - PFFCU Changes Eligibility Requirements for the Worst
6/28 - Top Long-Term CD Rates Continue at Police and Fire FCU in PA
5/2 - 4% (APY) 60 (Forum)

2009

2008

7/14 - 4.00% 9-Month CD at a Pennsylvania Credit Union (Police and Fire)

We are currently reviewing the rates for Police and Fire Federal Credit Union for accuracy. Please check back in a few hours.

Data for Q4 2012

Institution Statistics

POLICE & FIRE
NCUA #	2551
BankRate Report	View
Year Chartered	1938
Employees	454
Primary Regulator
Assets and Liabilities
Assets	$4.05 billion
Loans	$2.20 billion
Deposits	$3.42 billion
Equity Capital	$606.19 million
Loan Loss Allowance	$15.13 million
Unbacked Noncurrent Loans	$16.39 million
Real Estate Owned	$719,000
Historic Data - December 2011
Assets	$3.94 billion
Equity Capital	$543.95 million
Loan Loss Allowance	$15.46 million
Unbacked Noncurrent Loans	$13.72 million
Real Estate Owned	$623,000
Profit Margin - Quarterly
Net Interest Margin	4.19%
Return on Assets	1.58%
Return on Equity	10.55%
Interest Income	$136.06 million
Non-Interest Income	$36.87 million

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, 2012 Police and Fire Federal Credit Union had $17.11 million in non-current loans and owned real-estate with $621.32 million in equity and loan loss allowances on hand to cover it. This gives Police and Fire Federal Credit Union a Texas Ratio of 2.75% 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 Police and Fire Federal Credit Union held steady from 2.56% as of December 31, 2011 to 2.75% as of December 31, 2012, resulting in a negative change of 7.44%. This indicates that the balance sheet and financial strength for Police and Fire Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Police and Fire Federal Credit Union has increased its total deposits by $47.49 million, resulting in 1.41% 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 Police and Fire Federal 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. Police and Fire Federal Credit Union has $4.05 billion in assets with $621.32 million in equity, resulting in a capitalization level of 15.34%, which is excellent.