Cross Valley Federal Credit Union


Overview / Commentary
570-823-6836
640 Baltimore Dr
Wilkes Barre, PA 18702

Cross Valley Federal Credit Union is headquartered in Wilkes Barre and is the 40th largest credit union in the state of Pennsylvania. It is also the 1,143rd largest credit union in the nation. It was established in 1969 and as of September of 2024, it had grown to 44 employees and 17,258 members at 6 locations. Cross Valley Federal Credit Union's money market rates are 9X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Cross Valley Federal Credit Union is open to those who are a current employee (full or part-time), member, volunteer, are retired, or attend school at any of more than 130 Select Employee Groups. Immediate family or household members of an eligible individual also qualify for membership.
See current membership details

Reviews (1)

Questionable Account Information Security

Posted by: |

Pretty certain my account info was shared with the person who helped me get an account there in the first place. Misguidedly trusted this person only to learn they were likely sharing my activities there with her. over decades.

After having this account for so long, I decided to keep it and that person is deceased anyway. Recently however, they paid some other person's electric bill out of my account. So I guess if I didn't catch it, I'd have been paying their 210 dollar electric bill for months?

I've done ACH forms in insurance for decades and it's almost impossible to get someone else's money put towards the wrong person's insurance premium for example. They corrected it, but after over 30 years of no mistakes like this either in my biz or with this or any OTHER bank, I find this sketchy given the current situation in the world. Watch out for these people. They play too fast and loose.

No response from them when I emailed about my concerns regarding how not easy it is for this kind of mistake to happen. There are several safeguards in place, such as names don't match etc.

Update- They shut down my ability to see my bill pay side of things, but the bill pay is still spitting out payments. The cut off access to that because I don't own or use a mark of the beast phone. My account is soon to be shut down as well. They are non responsive when I tell them I can't and will NOT use cell phones. Now I have to change my retirement deposits to an entirely new bank, after banking here for over 4 decades.

Dec 4 update-
I called two days in a row and including hold times, I wasted an hour each day. Normal hold times historically were 3 minutes on average. Told them it was obvious they messed up whatever transition they were trying to do as so many people were calling and waiting on hold.

Had to ask for a supervisor to stop my auto payments on my bill pay and told them I am leaving this bank after 40 plus years. They retaliated the next day by shutting down ALL access to my account onlne. They also did NOT stop my auto payments and they continue on to this day. I am gaslighted whenever I call them with long hold times and lies and abuse. I've filed a complaint w/ the governing body for credit unions who has done nothing but turn it back over to these abusers.

I've filed a complaint to the state about financial exploitation of the elderly given they have paid other people's electric bills from my account and now a few months later have come up with an excuse why I can't monitor my account online to prevent that from happening again. I'm a 66 yo disabled veteran.

These people had the nerve to send me a letter, that did not contain the remaining funds of my account, stating that I not only received the codes for the new online access 'in my EMAIL', but I also opened the emais.. Of course they provided no proof of this... They add insult to injury by LYING & accusing me of lying. Why would a 40 year customer of a bank make up a story like this? These people are insane.

They basically threw everyone off their platform and let the customers figure it out. Their phones were log jammed for weeks. and those w/o cell phones were SOL. Glad to have them in my rear view mirror.



Health

Health Grade Components

Overall
NCUA #19228
Year Chartered1969
Employees44
Primary Regulator
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD14.66%
Annual Interest Income$6.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$242.9MM$220.3MM
LoansQ3 2024vs Q3 2023$106.1MM$116MM
DepositsQ3 2024vs Q3 2023$224.8MM$207.4MM
Equity CapitalQ3 2024vs Q3 2023$17.3MM$12MM
Loan Loss AllowanceQ3 2024vs Q3 2023$585K$557K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$588K$699K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Cross Valley Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cross Valley Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$0-Vacation Club Accounts
0.25%$0-Holiday Club Savings
0.05%$0-Share Savings Account
0.05%$0-Business Savings
0.01%$0-Roth IRA Account
0.01%$0-Educational IRA Account
0.01%$0-Roth IRA Rollover Account
0.01%$0-IRA Account

Cross Valley Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.07%*$75k*-Premium Money Market Account
OTHER TIERS: 2.53% $0 - $25k | 2.78% $25k - $50k | 3.04% $50k - $75k
2.53%$2.5k-Money Market Account

Cross Valley Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k-6 Month Certificate
3.85%$1k-1 Year Certificate
3.75%$500-18 Month Special Certificate

Cross Valley Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$1k-6 Month IRA Certificate
3.85%$1k-1 Year IRA Certificate
3.75%$500-18 Month Special IRA Certificate
Locations


Cross Valley Federal Credit Union Locations
Branch Office113 S Main StMountain Top, PA 18707-1923
Branch Office40 Spring StWilkes Barre, PA 18702-5528
Branch Office1181 Wyoming AveForty Fort, PA 18704-4003
Branch Office640 Baltimore DrWilkes Barre, PA 18702-7943
Branch Office132 S Main StMocanaqua, PA 18655-1219
Branch Office1926 Memorial HwyShavertown, PA 18708-1484

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