Overview / Commentary
Citymark Federal Credit Union is headquartered in Plains and is the 83rd largest credit union in the state of Pennsylvania. It is also the 1,833rd largest credit union in the nation. It was established in 1960 and as of June of 2022, it had grown to 16 employees and 5,515 members at 4 locations. Citymark Federal Credit Union's money market rates are 2X the national average, and it has an A health rating.
Field of Membership Restrictions
Citymark Federal Credit Union is open to those who live, work, worship, volunteer, or attend school in Lackawanna, Luzerne, or Wyoming counties. Immediate family and household members are also welcome.
See current membership details
Health
A
Data as of Q2 2022
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. Citymark Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 14074 |
| Year Chartered | 1960 |
| Employees | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.28% |
| Return on Equity - YTD | 16.52% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $99.9MM$84.4MM |
| Loans | Q2 2022vs Q2 2021 | $80.5MM$62.9MM |
| Deposits | Q2 2022vs Q2 2021 | $86.5MM$72.9MM |
| Equity Capital | Q2 2022vs Q2 2021 | $13.4MM$11.5MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $178.00K$151.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $338.00K$467.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$158.00K |