Overview / Commentary
Community Connect Federal Credit Union is headquartered in Titusville and is the 172nd largest credit union in the state of Pennsylvania. It is also the 3,195th largest credit union in the nation. It was established in 1956 and as of June of 2022, it had grown to 5 employees and 2,915 members at 1 location. Community Connect Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Community Connect Federal Credit Union is open to those who live, work, attend school or worship in Crawford, Forest, Warren or Venango Counties in Pennsylvania
See current membership details
Health
B
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. Community Connect Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11172 |
| Year Chartered | 1956 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.89% |
| Return on Equity - YTD | 28.64% |
| Annual Interest Income | $370.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $26.1MM$25.8MM |
| Loans | Q2 2022vs Q2 2021 | $12.4MM$10.2MM |
| Deposits | Q2 2022vs Q2 2021 | $23.4MM$23.5MM |
| Equity Capital | Q2 2022vs Q2 2021 | $2.6MM$2.2MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $65.00K$80.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $109.00K$169.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |