Overview / Commentary
Copper & Glass Federal Credit Union is headquartered in GLASSPORT and is the 260th largest credit union in the state of Pennsylvania. It is also the 4,155th largest credit union in the nation. It was established in 1938 and as of March of 2021, it had grown to 3 employees and 1,483 members at 1 location. Copper & Glass Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
Copper & Glass Federal Credit Union is open to employees of LTV Copperweld Corporation, Borough of Liberty, Riverview Steel Company, Borough of Glassport and over 25 local employer groups.
See current membership details
Health
C+
Data as of Q1 2021
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. Copper & Glass Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2796 |
| Year Chartered | 1938 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.41% |
| Return on Equity - YTD | -12.64% |
| Annual Interest Income | $75.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $8.6MM$8.3MM |
| Loans | Q1 2021vs Q1 2020 | $4.6MM$5.4MM |
| Deposits | Q1 2021vs Q1 2020 | $7.6MM$7.2MM |
| Equity Capital | Q1 2021vs Q1 2020 | $950.00K$1.1MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $69.00K$64.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $277.00K$526.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |