First Commonwealth Federal Credit Union is headquartered in Allentown and is the 12th largest credit union in the state of Pennsylvania. It is also the 397th largest credit union in the nation. It was established in 1959 and as of June of 2023, it had grown to 222 employees and 78,402 members at 13 locations. First Commonwealth Federal Credit Union has a B health rating.
Membership in First Commonwealth Federal Credit Union is open to anyone living in Pennsylvania or New Jersey through membership in the American Consumer Council. Membership is also open to those who live, work, worship, or attend school in the Pennsylvania counties of Easton, Lehigh, or Northampton, or Maxatawny Township (Berks County, PA) or Lehighton Borough, (Carbon County, PA), or Warren County, New Jersey.
See current membership details
|Return on Assets - YTD||0.63%|
|Return on Equity - YTD||7.25%|
|Annual Interest Income||$24.2MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$1.13B$1.10B|
|Loans||Q2 2023vs Q2 2022||$902.5MM$805.7MM|
|Deposits||Q2 2023vs Q2 2022||$973.2MM$989.8MM|
|Equity Capital||Q2 2023vs Q2 2022||$97.1MM$94.1MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$0$10.5MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$7.0MM$4.5MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for First Commonwealth Federal Credit Union are currently being reviewed.