Everence Federal Credit Union

Overview / Commentary
2160 Lincoln Hwy E Ste 20
Lancaster, PA 17602

Everence Federal Credit Union is headquartered in Lancaster and is the 28th largest credit union in the state of Pennsylvania. It is also the 848th largest credit union in the nation. It was established in 1955 and as of June of 2023, it had grown to 56 employees and 23,009 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: |

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 Grade Components

NCUA #10223
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD19.57%
Annual Interest Income$8.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$392.0MM$343.4MM
LoansQ2 2023vs Q2 2022$271.7MM$218.7MM
DepositsQ2 2023vs Q2 2022$325.8MM$314.4MM
Equity CapitalQ2 2023vs Q2 2022$19.1MM$17.0MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$1.2MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$932.00K$679.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0

Rates for Everence Federal Credit Union are currently being reviewed.


Cities: Belleville, Dalton, Ephrata, Goshen, Harrisonburg, Lancaster, Mount Joy, Philadelphia, Sarasota

Belleville Branches
Branch Office4417 E Main StBelleville, PA 17004

Dalton Branches
Branch Office4136 Kidron RdDalton, OH 44618

Ephrata Branches
Branch Office1021 Sharp AveEphrata, PA 17522

Goshen Branches
Branch Office1301 College AveGoshen, IN 46526
Branch Office1110 N Main StGoshen, IN 46528-2638

Harrisonburg Branches
Branch Office841 Mount Clinton Pike STE BHarrisonburg, VA 22802

Lancaster Branches
Branch Office2160 Lincoln Hwy E Ste 15Lancaster, PA 17602

Mount Joy Branches
Branch Office962 E Main StMount Joy, PA 17552

Philadelphia Branches
Branch Office861 E Allegheny AvePhiladelphia, PA 19134

Sarasota Branches
Branch Office3407 Bahia Vista StSarasota, FL 34239

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.