Overview / Commentary
Family 1St Federal Credit Union is headquartered in New Castle and is the 210th largest credit union in the state of Pennsylvania. It is also the 3,706th largest credit union in the nation. It was established in 1951 and as of September of 2020, it had grown to 5 employees and 1,963 members at 1 location. Family 1St Federal Credit Union has a B health rating.
Health
B
Data as of Q3 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. Family 1St Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 7383 |
| Year Chartered | 1951 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 2.76% |
| Annual Interest Income | $314.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $14.3MM$13.0MM |
| Loans | Q3 2020vs Q3 2019 | $9.1MM$9.8MM |
| Deposits | Q3 2020vs Q3 2019 | $12.7MM$11.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $59.00K$53.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $181.00K$174.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |