Featured Savings Rates
Featured Accounts

Everence Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.80%5-year CD60 Month Church Jumbo CD
0.15%1-year CD12 Month HSA CD
0.07%SavingsRegular Savings

Overview / Commentary
717-735-8330
2160 Lincoln Hwy E Ste 20
Lancaster, PA 17602

Everence Federal Credit Union is headquartered in Lancaster and is the 37th largest credit union in the state of Pennsylvania. It is also the 1,160th largest credit union in the nation. It was established in 1955 and as of March of 2016, it had grown to 40 employees and 16,933 members at 10 locations. Everence Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to several denominations of Christian churches, including Mennonite Church USA, Mennonite Brethren Church, Fellowship of Evangelical Churches, and Fellowship of Evangelical Bible Churches.
See current membership details

Reviews (1)

Beware! Higher Interest Is A Sham And You'll Leave With A Guilt Trip!

Posted by: Anonymous | Sep 6, 2011

First off, after being a member of this credit union, it is definitely sub par in terms of services and facilities. They seemed intent on giving me a guilt trip over the remaining assets that I have with a large money manager, stating that I really should be using their "faith based" platform so that my investments would be doing so much harm. I looked at their platform, and was not impressed. High fees, and your standard bloated mutual funds.

The second point is their interest rates. Their initial interest rates might be higher, but it is only on the first $500 you deposit. Additional money above $500 gets lower and lower rates, the inverse of any other financial institution. My recommendation would be to put $500 in here, but no more - you can get much better rates elsewhere. Just my 2 cents... but unless your brother in law works here and you feel an obligation stay away!



Health
B+

Health Grade Components

Overall
NCUA #10223
Year Chartered1955
Employees40
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD7.44%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$158.7MM$156.3MM
LoansQ1 2016vs Q1 2015$97.2MM$95.0MM
DepositsQ1 2016vs Q1 2015$146.0MM$144.4MM
Equity CapitalQ1 2016vs Q1 2015$12.0MM$11.4MM
Loan Loss AllowanceQ1 2016vs Q1 2015$1.4MM$1.3MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$714.00K$921.00K
Real Estate OwnedQ1 2016vs Q1 2015$72.00K$49.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Everence Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--IRA Accounts
0.15%--Youth Covenant
0.12%*$50*$500Jubilee Savings
OTHER TIERS: 0.10% $500+
0.10%--Health Savings Account
0.07%--Regular Savings
0.07%--Club Account

Everence Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.09%*$25k*$50kMoney Market Account
OTHER TIERS: 0.05% $100k+ | 0.07% Up to $25k | 0.08% $50k - $100k

Everence Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Dividend Checking

Everence Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$500*$100k60 Month CD
OTHER TIERS: 0.80% $100k+
0.80%$500-48 Month CD
0.80%$100k-48 Month Church Jumbo CD
0.80%$100k-60 Month Church Jumbo CD
0.50%$500-36 Month CD
0.50%$100k-36 Month Church Jumbo CD
0.50%$500-36 Month HSA CD
0.30%$500-24 Month CD
0.30%$100k-24 Month Church Jumbo CD
0.30%$500-24 Month HSA CD
0.15%$500-12 Month CD
0.15%$100k-12 Month Church Jumbo CD
0.15%$500-12 Month HSA CD
0.10%$500-6 Month CD
0.10%$100k-6 Month Church Jumbo CD
0.05%$500-3 Month CD

Everence Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-36 Month IRA
0.30%$500-24 Month IRA
0.15%$500-12 Month IRA
Locations


Everence Federal Credit Union Locations
Branch Office3407 Bahia Vista StSarasota, FL 34239
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Branch Office1110 N Main StGoshen, IN 46528-2638
Branch Office4136 Kidron RdDalton, OH 44618
Branch Office2160 Lincoln Hwy E Ste 15Lancaster, PA 17602
Branch Office1022 Sharp AveEphrata, PA 17522
Branch Office962 E Main StMount Joy, PA 17552
Branch Office121 N Main St Ste 201Souderton, PA 18964
Branch Office4417 E Main StBelleville, PA 17004
Branch Office841 Mount Clinton Pike STE BHarrisonburg, VA 22802