Overview / Commentary
EQT Federal Credit Union is headquartered in Pittsburgh and is the 135th largest credit union in the state of Pennsylvania. It is also the 2,629th largest credit union in the nation. It was established in 1943 and as of June of 2020, it had grown to 2 employees and 1,131 members at 1 location. EQT Federal Credit Union's savings rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of EQT Corporation and of its divisions and subsidiaries who are paid from the Pittsburgh Pennsylvania offices of the companies..
See current membership details
Health
B+
Data as of Q2 2020
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. EQT Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5028 |
| Year Chartered | 1943 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.07% |
| Return on Equity - YTD | 0.65% |
| Annual Interest Income | $485.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $40.8MM$38.7MM |
| Loans | Q2 2020vs Q2 2019 | $1.8MM$1.9MM |
| Deposits | Q2 2020vs Q2 2019 | $36.2MM$34.1MM |
| Equity Capital | Q2 2020vs Q2 2019 | $4.6MM$4.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $17.00K$17.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $5.00K$10.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |