Derry Area Federal Credit Union

Overview / Commentary

www.dafcu.com

724-694-5479

160 E 1st Ave
Derry, PA 15627-1926

Derry Area Federal Credit Union is headquartered in Derry and is the 244^th largest credit union in the state of Pennsylvania. It is also the 4,118^th largest credit union in the nation. It was established in 1949 and as of March of 2019, it had grown to 4 employees and 2,048 members at 2 locations. Derry Area Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work, worship or go to school in Derry Borough or Derry Township, or be an employee of Specialty Bar Products Company (Blairsville), Clark Metal Products Company (Blairsville), Dlubak Organic Coatings & Design (Blairsville), Premium Molding (Latrobe), Ceratizit USA (Latrobe).
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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. Derry Area Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #	6196
Year Chartered	1949
Employees	4
Primary Regulator

Profit Margin
Return on Assets - YTD	0.22%
Return on Equity - YTD	1.64%
Annual Interest Income	$77.00K

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$9.3MM$9.7MM
Loans	Q1 2019vs Q1 2018	$5.5MM$5.2MM
Deposits	Q1 2019vs Q1 2018	$8.1MM$8.5MM
Equity Capital	Q1 2019vs Q1 2018	$1.2MM$1.2MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$40.00K$41.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$31.00K$68.00K
Real Estate Owned	Q1 2019vs Q1 2018	$0$0

Rates

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Savings
CD

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Derry Area Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	$5	-	Share Account
0.25%	$5	-	Christmas Club Account
0.25%	$5	-	Vacation Club Account

Derry Area Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$500	-	3 Year CD
0.75%	$500	-	2 Year CD
0.65%	$500	-	1 Year CD
0.50%	$500	-	6 Month CD

Locations

Derry Area Federal Credit Union Locations
Branch Office	2906 Ligonier St Ste 16	Latrobe, PA 15650
Branch Office	160 E 1st Ave	Derry, PA 15627-1926

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