Corry Area Schools Federal Credit Union

Overview / Commentary
22 S 1st Ave
Corry, PA 16407

Corry Area Schools Federal Credit Union is headquartered in Corry and is the 286th largest credit union in the state of Pennsylvania. It is also the 4,483rd largest credit union in the nation. It was established in 1963 and as of December of 2019, it had grown to 2 employees and 682 members at 1 location. Corry Area Schools Federal Credit Union has a B health rating.

Field of Membership Restrictions

Corry Area Schools Federal Credit Union offers membership to employees or retirees of Corry Area School District, Corry Ambulance, Corry Manor, Corry Counseling Services, City of Corry, Rossabacher Insurance and LECOM Health Corry Memorial Hospital.
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Additional 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. Corry Area Schools Federal Credit Union has a very low asset base.

Health Grade Components

NCUA #15501
Year Chartered1963
Primary Regulator
Profit Margin
Return on Assets - YTD0.45%
Return on Equity - YTD4.9%
Annual Interest Income$157.00K
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$5.1MM$5.0MM
LoansQ4 2019vs Q4 2018$1.8MM$1.7MM
DepositsQ4 2019vs Q4 2018$4.7MM$4.6MM
Equity CapitalQ4 2019vs Q4 2018$469.00K$444.00K
Loan Loss AllowanceQ4 2019vs Q4 2018$38.00K$44.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$29.00K$130.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
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Corry Area Schools Federal Credit Union Savings Account Rates

0.15%--IRA Share Account
0.10%--Share Savings Account
0.05%--Christmas Club Account
0.05%--Vacation Club Account

Corry Area Schools Federal Credit Union Locations
Branch Office22 S 1st AveCorry, PA 16407-1802

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