Overview / Commentary
Community Connect Federal Credit Union is headquartered in Titusville and is the 178th largest credit union in the state of Pennsylvania. It is also the 3,391st largest credit union in the nation. It was established in 1956 and as of December of 2019, it had grown to 7 employees and 2,882 members at 1 location. Community Connect Federal Credit Union's money market rates are 25% higher than the national average, and it 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 Q4 2019
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 | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.36% |
| Return on Equity - YTD | 3.15% |
| Annual Interest Income | $753.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $18.7MM$17.9MM |
| Loans | Q4 2019vs Q4 2018 | $11.5MM$11.0MM |
| Deposits | Q4 2019vs Q4 2018 | $16.2MM$15.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $2.2MM$2.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $58.00K$75.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $179.00K$69.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |