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 388th largest credit union in the nation. It was established in 1959 and as of June of 2022, it had grown to 184 employees and 71,581 members at 12 locations. First Commonwealth Federal Credit Union 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
|Return on Assets - YTD||0.96%|
|Return on Equity - YTD||11.05%|
|Annual Interest Income||$18.7MM|
|Assets and Liabilities|
|Assets||Q2 2022vs Q2 2021||$1.10B$983.5MM|
|Loans||Q2 2022vs Q2 2021||$805.7MM$688.6MM|
|Deposits||Q2 2022vs Q2 2021||$989.8MM$878.1MM|
|Equity Capital||Q2 2022vs Q2 2021||$94.1MM$97.7MM|
|Loan Loss Allowance||Q2 2022vs Q2 2021||$10.5MM$8.7MM|
|Unbacked Noncurrent Loans||Q2 2022vs Q2 2021||$4.5MM$2.7MM|
|Real Estate Owned||Q2 2022vs Q2 2021||$0$0|
Rates for First Commonwealth Federal Credit Union are currently being reviewed.