Corry Area Schools Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
0.15% APY
IRA Share Account
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Overview / Commentary
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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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. Corry Area Schools Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15501 |
| Year Chartered | 1963 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.45% |
| Return on Equity - YTD | 4.9% |
| Annual Interest Income | $157.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $5.1MM$5.0MM |
| Loans | Q4 2019vs Q4 2018 | $1.8MM$1.7MM |
| Deposits | Q4 2019vs Q4 2018 | $4.7MM$4.6MM |
| Equity Capital | Q4 2019vs Q4 2018 | $469.00K$444.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $38.00K$44.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $29.00K$130.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |