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 394th largest credit union in the nation. It was established in 1959 and as of December of 2022, it had grown to 209 employees and 77,660 members at 13 locations. First Commonwealth Federal Credit Union's CD rates are 3X the national average, and it has an A health rating.
Membership in First Commonwealth Federal Credit Union is open to anyone living in Pennsylvania or New Jersey through becoming a member of the American Consumer Council. Membership is also open to those who live, work, attend school or worship in Easton, Kutztown or Lehighton, Pennsylvania and to employees of over 100 area Select Employer Groups.
See current membership details
Overall | |
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NCUA # | 12765 |
Year Chartered | 1959 |
Employees | 209 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.82% |
Return on Equity - YTD | 9.81% |
Annual Interest Income | $41.0MM |
Assets and Liabilities | ||
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Assets | Q4 2022vs Q4 2021 | $1.12B$1.01B |
Loans | Q4 2022vs Q4 2021 | $893.0MM$728.6MM |
Deposits | Q4 2022vs Q4 2021 | $985.3MM$899.9MM |
Equity Capital | Q4 2022vs Q4 2021 | $92.6MM$100.1MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $11.1MM$9.0MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $5.9MM$4.0MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.