Police and Fire Federal Credit Union

Police and Fire Federal Credit Union Locations
901 Arch Street
Philadelphia, PA 19107
800-228-8801
www.pffcu.org



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 24th largest credit union in the nation. It was established in 1938 and as of September of 2011, it had grown to 432 employees and 194,299 members. Police and Fire Federal Credit Union has a 5-star health rating.

Related Posts

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 ...

Top Long-Term CD and IRA CD Rates Continue at Police and Fire FCU - PA Only - 11/4/2010

Police and Fire FCU (PFFCU) continues to offer a 3.25% APY 5-year CD and IRA CD. Other top long-term rates include a 2.75% APY 4-year CD and a 2.25% APY 3-year CD. These rates are listed in the credit ...

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

Police and Fire Federal Credit Union Checking Account Rates

ApyMinMaxProduct
0.20%$4k-Checking

Police and Fire Federal Credit Union Savings Account Rates

ApyMinMaxProduct
0.20%$2,500-Premium Yield Account
0.20%--Education Savings Account
0.20%--Savings
0.00%$2k-Clubs

Police and Fire Federal Credit Union Money Market Rates

ApyMinMaxProduct
0.20%--IRA Money Market
0.20%$5k-Money Market Plus
0.20%--Roth IRA Money Market

Police and Fire Federal Credit Union CD Rates

ApyMinMaxProduct
2.00%$500-4 Year CD
2.00%$500-5 Year CD
1.50%$500-3 Year CD
1.25%$500-30 Month CD
1.00%$500-2 Year CD
0.75%$500-18 Month CD
0.50%$500-15 Month CD
0.40%$500-1 Year CD
0.35%$500-9 Month CD
0.30%$500-6 Month CD
0.25%$500-3 Month CD

Police and Fire Federal Credit Union IRA Rates

ApyMinMaxProduct
2.00%$500-4 Year IRA
2.00%$500-5 Year IRA
2.00%$500-4 Year Roth IRA
2.00%$500-5 Year Roth IRA
2.00%$500-4 Year CESA
2.00%$500-5 Year CESA
1.50%$500-3 Year IRA
1.50%$500-3 Year Roth IRA
1.50%$500-3 Year CESA
1.25%$500-30 Month IRA
1.25%$500-30 Month Roth IRA
1.25%$500-30 Month CESA
1.00%$500-2 Year IRA
1.00%$500-2 Year Roth IRA
1.00%$500-2 Year CESA
0.75%$500-18 Month IRA
0.75%$500-18 Month Roth IRA
0.75%$500-18 Month CESA
0.50%$500-15 Month IRA
0.50%$500-15 Month Roth IRA
0.50%$500-15 Month CESA
0.40%$500-1 Year IRA
0.40%$500-1 Year Roth IRA
0.40%$500-1 Year CESA
0.35%$500-9 Month IRA
0.35%$500-9 Month Roth IRA
0.35%$500-9 Month CESA
0.30%$500-6 Month IRA
0.30%$500-6 Month Roth IRA
0.30%$500-6 Month CESA
0.25%$500-3 Month IRA
0.25%$500-3 Month Roth IRA
0.25%$500-3 Month CESA

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


POLICE & FIRE
NCUA #2551
BankRate ReportView
Year Established1938
Employees432
Primary Regulator

Assets and Liabilities

Assets$3.92 billion
Loans$2.11 billion
Deposits$3.37 billion
Equity Capital$530.46 million
Loan Loss Allowance$14.52 million
Unbacked Noncurrent Loans$14.65 million
Real Estate Owned$524,000

Historic Data - September 2010

Assets$3.76 billion
Equity Capital$474.85 million
Loan Loss Allowance$11.66 million
Unbacked Noncurrent Loans$10.66 million
Real Estate Owned$109,000

Profit Margin - Quarterly

Net Interest Margin3.25%
Return on Assets1.44%
Return on Equity10.62%
Interest Income$110.22 million
Non-Interest Income$22.44 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 September 30, 2011 Police and Fire Federal Credit Union had $15.18 million in non-current loans and owned real-estate with $544.98 million in equity and loan loss allowances on hand to cover it. This gives Police and Fire Federal Credit Union a Texas Ratio of 2.79% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Police and Fire Federal Credit Union held steady from 2.21% as of September 30, 2010 to 2.79% as of September 30, 2011, resulting in a negative change of 25.83%. This indicates that the balance sheet and financial strength for Police and Fire Federal Credit Union has held steady in recent periods.
Deposit Growth4
In the past year, Police and Fire Federal Credit Union has increased its total deposits by $105.86 million, resulting in 3.25% 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.
Capitalization5
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 $3.92 billion in assets with $544.98 million in equity, resulting in a capitalization level of 13.90%, which is excellent.
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