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866-862-9328
315 Franklin Ave
Scranton, PA 18503

Tobyhanna Federal Credit Union is headquartered in Scranton and is the 30th largest credit union in the state of Pennsylvania. It is also the 948th largest credit union in the nation. It was established in 1954 and as of March of 2014, it had grown to 56 employees and 23,272 members. Tobyhanna Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

If you are or choose to become a member of or volunteer with American Consumer Council, Lackawanna River Corridor Association or Tobyhanna Army Depot Chapter of the Association of the United States Army , you may be eligible to join the credit union.

You can also be eligible if you live or work within a three-mile radius of the Veterans Memorial Bridge (formerly the Interborough Bridge). You can also be eligible if you are a civilian or military personnel of the Department of Defense assigned to the Tobyhanna Army Depot.

- See Details

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Tobyhanna Federal Credit Union had $3.66 million in non-current loans and owned real-estate with $20.31 million in equity and loan loss allowances on hand to cover it. This gives Tobyhanna Federal Credit Union a Texas Ratio of 18.03% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Tobyhanna Federal Credit Union experienced no significant changes from 17.61% as of March 31, 2013 to 18.03% as of March 31, 2014, resulting in a negative change of 2.36%. This indicates that the balance sheet and financial strength for Tobyhanna Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Tobyhanna Federal Credit Union has increased its total deposits by $19.41 million, resulting in 12.22% 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 Tobyhanna Federal Credit Union has shown is excellent.

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. Tobyhanna Federal Credit Union has $196.65 million in assets with $20.31 million in equity, resulting in a capitalization level of 10.33%, which is above average.

Institution Statistics

Overall
NCUA #9198
Year Chartered1954
Employees56
Primary Regulator
Assets and Liabilities
Assets$196.65 million
Loans$151.91 million
Deposits$178.19 million
Equity Capital$17.52 million
Loan Loss Allowance$2.80 million
Unbacked Noncurrent Loans$3.43 million
Real Estate Owned$235,000
Historic Data - March 2013
Assets$176.51 million
Equity Capital$16.22 million
Loan Loss Allowance$3.10 million
Unbacked Noncurrent Loans$3.43 million
Real Estate Owned$178,000
Profit Margin - Quarterly
Net Interest Margin1.07%
Return on Assets0.55%
Return on Equity6.12%
Interest Income$1.96 million
Rates

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

Tobyhanna Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%-$10kKasasa Saver - Qualifying
0.40%--IRA Share Savings
0.40%--Roth IRA Share Savings
0.15%--Christmas Club
0.15%--Tax Club
0.15%--Vacation Club
0.10%$50k-Share Savings
0.10%$50k-Flex/Sub Account
0.01%--Kasasa Saver - Non Qualifying

Tobyhanna Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Money Market Account

Tobyhanna Federal Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.50%-$10kKasasa Cash - Qualifying
0.01%--Kasasa Cash - Non Qualifying

Tobyhanna Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
3.04%$1k-7 Year Prime Share Certificate
1.85%$25k-60 Month Share Certificate
1.45%$25k-48 Month Share Certificate
1.00%$500-30 Month Share Certificate Special
0.85%$25k-36 Month Share Certificate
0.80%$500-18 Month Bump Up Share Certificate Special
0.75%$25k-24 Month Share Certificate
0.60%$100-14 Month Add To Me Share Certificate - Bonus Rate
0.55%$5k-13 Month Blended Share Certificate
0.50%$25k-12 Month Share Certificate
0.35%$25k-6 Month Share Certificate
0.35%$100-14 Month Add To Me Share Certificate
0.25%$25k-3 Month Share Certificate
0.25%$1k-18 Month EZ Access Share Certificate

Tobyhanna Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.85%$25k-60 Month IRA Certificate
1.45%$25k-48 Month IRA Certificate
0.85%$25k-36 Month IRA Certificate
0.75%$25k-24 Month IRA Certificate
0.50%$25k-12 Month IRA Certificate
0.35%$25k-6 Month IRA Certificate
0.25%$25k-3 Month IRA Certificate
Locations


Tobyhanna Federal Credit Union Locations
Administrative Office315 Franklin AveScranton, PA 18503
Branch Office880 Schechter DrWilkes Barre, PA 18702
Branch Office11 Hap Arnold BlvdTobyhanna, PA 18466
Branch Office110 Progress StEast Stroudsburg, PA 18301
Branch Office315 Franklin AveScranton, PA 18503