ARC Federal Credit Union
Overview / Commentary
ARC Federal Credit Union is headquartered in Altoona and is the 71st largest credit union in the state of Pennsylvania. It is also the 1,759th largest credit union in the nation. It was established in 1956 and as of December of 2018, it had grown to 28 employees and 12,696 members at 2 locations. ARC Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Arc Federal Credit Union is open to all Pennsylvania residents through joining the Pennsylvania Consumer Council. Membership is also open to members of a Catholic parish in Blair or Huntingdon County, employees of any of the credit union's Select Employer Groups.
See current membership details
Health
B+
Data as of Q4 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. ARC Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11304 |
| Year Chartered | 1956 |
| Employees | 28 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 11.7% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $85.3MM$81.6MM |
| Loans | Q4 2018vs Q4 2017 | $56.8MM$46.3MM |
| Deposits | Q4 2018vs Q4 2017 | $77.2MM$74.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $7.9MM$7.0MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $272.00K$190.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $276.00K$200.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $40.00K$75.00K |
Rates
Rates for ARC Federal Credit Union are currently being reviewed.
Locations
| ARC Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 419 N 7th St | Altoona, PA 16601-6119 |
| Branch Office | 1919 7th Ave | Altoona, PA 16602-2237 |