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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 957th largest credit union in the nation. It was established in 1954 and as of December of 2013, it had grown to 50 employees and 22,763 members. Tobyhanna Federal Credit Union has a B health rating.

Field of Membership Restrictions

Must live or work within a three-mile radius of the Veterans Memorial Bridge (formerly the Interborough Bridge). Also open to civilian or military personnel of the Department of Defense assigned to the Tobyhanna Army Depot. - See Details

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Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

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 Tobyhanna Federal Credit Union had $4.46 million in non-current loans and owned real-estate with $20.18 million in equity and loan loss allowances on hand to cover it. This gives Tobyhanna Federal Credit Union a Texas Ratio of 22.12% which is 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 18.62% as of December 31, 2012 to 22.12% as of December 31, 2013, resulting in a negative change of 18.78%. 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 $20.31 million, resulting in 13.76% 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 $187.49 million in assets with $20.18 million in equity, resulting in a capitalization level of 10.76%, which is above average.

Institution Statistics

Overall
NCUA #9198
Year Chartered1954
Employees50
Primary Regulator
Assets and Liabilities
Assets$187.49 million
Loans$143.01 million
Deposits$167.89 million
Equity Capital$17.23 million
Loan Loss Allowance$2.95 million
Unbacked Noncurrent Loans$4.25 million
Real Estate Owned$212,000
Historic Data - December 2012
Assets$165.71 million
Equity Capital$16.01 million
Loan Loss Allowance$3.06 million
Unbacked Noncurrent Loans$4.25 million
Real Estate Owned$178,000
Profit Margin - Quarterly
Net Interest Margin4.37%
Return on Assets0.44%
Return on Equity4.78%
Interest Income$7.49 million
Rates
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Tobyhanna Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.40%--IRA Share
0.40%--Roth IRA Share
0.15%--Christmas Club
0.15%--Tax Club
0.15%--Vacation Club
0.10%$50k-Share Savings
0.10%$50k-Flex/Sub Account

Tobyhanna Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Money Market Account

Tobyhanna Federal Credit Union CD Rates

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

Tobyhanna Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.85%$25k-60 Month IRA (Traditional,Roth)
1.45%$25k-48 Month IRA (Traditional,Roth)
0.85%$25k-36 Month IRA (Traditional,Roth)
0.75%$25k-24 Month IRA (Traditional,Roth)
0.50%$25k-12 Month IRA (Traditional,Roth)
0.35%$25k-6 Month IRA (Traditional,Roth)
0.25%$25k-3 Month IRA (Traditional,Roth)
Locations


Tobyhanna Federal Credit Union Locations
Branch Office315 Franklin AveScranton, PA 18503
Branch Office880 Schechter DrWilkes Barre, PA 18702
Branch Office11 Hap Arnold BlvdTobyhanna, PA 18466
Branch Office4 Progress StEast Stroudsburg, PA 18301
Branch Office315 Franklin AveScranton, PA 18503