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215-953-5353
1000 Northbrook Drive
Trevose, PA 19053

TruMark Financial Credit Union is headquartered in TREVOSE and is the 5th largest credit union in the state of Pennsylvania. It is also the 124th largest credit union in the nation. It was established in 1939 and as of December of 2013, it had grown to 242 employees and 96,708 members. TruMark Financial Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live, work, worship, volunteer or attend school in the Southeastern Pennsylvania counties of Bucks, Chester, Delaware, Montgomery or Philadelphia. - See Details

Related Posts

$150 Checking Account Bonus at TruMark Financial in Southeastern PA - 5/28/2013

TruMark Financial Credit Union has a nice checking account promotion in which you can earn up to $150 for opening one of its checking accounts and using some of its services. There is a free checking ...



Reviews (2)

Nightmare Experiences With Trumark Credit Union

they are the worst, they charged me almost $300 for overdraft charges on items that merchant posted back on the same day. They still charged me and did not bother to reverse a fee and credit me back, explaining i signed the paper when i open up the account. Poor custumer servise, please look somewhere else without agrivation...

Bank Elsewhere!

This is the worst credit union out there.  They are focused on one thing... their bottom line.  What does that mean for us, the consumers?  Poor customer service, low interest rates, and unnecessary fees.  If you're considering this bank, look elsewhere.  I've been a member for years, but that is about to change.  As soon as my automatic payments begin coming out of my new account, this one will be closed and good riddens!!!



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A+

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 TruMark Financial Credit Union had $8.08 million in non-current loans and owned real-estate with $165.52 million in equity and loan loss allowances on hand to cover it. This gives TruMark Financial Credit Union a Texas Ratio of 4.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for TruMark Financial Credit Union experienced no significant changes from 5.08% as of December 31, 2012 to 4.88% as of December 31, 2013, resulting in a positive change of 3.82%.This indicates that the balance sheet and financial strength for TruMark Financial Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C

In the past year, TruMark Financial Credit Union has decreased its total deposits by -$16.13 million, resulting in -1.3% 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 TruMark Financial Credit Union has shown is average.

Capitalization

GRADE:
A

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. TruMark Financial Credit Union has $1.46 billion in assets with $165.52 million in equity, resulting in a capitalization level of 11.36%, which is excellent.

Institution Statistics

Overall
NCUA #66158
Year Chartered1939
Employees242
Primary Regulator
Assets and Liabilities
Assets$1.46 billion
Loans$986.00 million
Deposits$1.23 billion
Equity Capital$159.88 million
Loan Loss Allowance$5.64 million
Unbacked Noncurrent Loans$7.57 million
Real Estate Owned$509,000
Historic Data - December 2012
Assets$1.40 billion
Equity Capital$147.20 million
Loan Loss Allowance$5.31 million
Unbacked Noncurrent Loans$7.57 million
Real Estate Owned$615,000
Profit Margin - Quarterly
Net Interest Margin4.05%
Return on Assets1%
Return on Equity9.16%
Interest Income$46.97 million
Rates

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

TruMark Financial Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--Regular Saving
0.20%--Holiday Club
0.20%--Vacation Club
0.20%--Variable Rate IRA

TruMark Financial Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$75k-Maximizer Money Market Account
0.40%$75k-IRA Money Market Account
0.35%--Savers Choice Money Market Account

TruMark Financial Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Smart Start Checking
0.15%--Premium Checking
0.10%--Plus Checking

TruMark Financial Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.15%$75k-60 Month Jumbo CD
2.10%$500-60 Month CD
1.05%$75k-30 Month Jumbo CD
1.00%$500-30 Month CD
0.90%$75k-24 Month Jumbo CD
0.85%$500-24 Month CD
0.60%$75k-12 Month Jumbo CD
0.55%$500-12 Month CD
0.45%$75k-9 Month Jumbo CD
0.40%$500-9 Month CD
0.40%$75k-6 Month Jumbo CD
0.35%$500-5 Month CD
0.35%$500-6 Month CD

TruMark Financial Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.10%$500-60 Month IRA
1.00%$500-30 Month IRA
0.85%$500-24 Month IRA
0.55%$500-12 Month IRA
0.40%$500-9 Month IRA
0.35%$500-6 Month IRA
Locations

TruMark Financial Credit Union has 15 locations. Click to view all TruMark Financial Credit Union locations.