2. Corry Area Schools Federal Credit Union

Corry Area Schools Federal Credit Union


Overview / Commentary
www.corryschoolsfcu.com
814-665-5291
22 S 1st Ave
Corry, PA 16407-1802

Corry Area Schools Federal Credit Union is headquartered in Corry and is the 289th largest credit union in the state of Pennsylvania. It is also the 4,546th largest credit union in the nation. It was established in 1963 and as of March of 2019, it had grown to 2 employees and 693 members at 1 location. Corry Area Schools Federal Credit Union has a C 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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Health
C

Data as of Q1 2019

Learn why bank health matters
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

Overall
NCUA #15501
Year Chartered1963
Employees2
Primary Regulator
Profit Margin
Return on Assets - YTD0.23%
Return on Equity - YTD2.68%
Annual Interest Income$38.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$5.2MM$5.2MM
LoansQ1 2019vs Q1 2018$1.7MM$1.9MM
DepositsQ1 2019vs Q1 2018$4.8MM$4.8MM
Equity CapitalQ1 2019vs Q1 2018$448.00K$424.00K
Loan Loss AllowanceQ1 2019vs Q1 2018$45.00K$36.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$95.00K$107.00K
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
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Corry Area Schools Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--IRA Share Account
0.10%--Share Savings Account
0.05%--Christmas Club Account
0.05%--Vacation Club Account
Locations


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

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