Overview / Commentary
1402 Bywood Ave
Upper Darby, PA 19082

Forge Credit Union is headquartered in Upper Darby and is the 139th largest credit union in the state of Pennsylvania. It is also the 2,688th largest credit union in the nation. It was established in 1954 and as of June of 2018, it had grown to 7 employees and 3,379 members at 1 location. Forge Credit Union's CD rates are 3X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of SEPTA (Suburban Transit Division, who work in Delaware, Chester or Montgomery Counties or City Transit Division, who work in the Market-Frankford Elevated Train Shops and Yards in Upper Darby), Upper Darby Township, Haverford Township, Don Guanella School, Upper Darby Township Fire Companies, Haverford Township Fire Companies, Philadelphia Seventh Day Adventist Church, or DELCO Child Day Care Association.
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Additional 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. Forge Credit Union has a low asset base.

Health Grade Components

NCUA #9622
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD8.12%
Annual Interest Income$846.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$35.9MM$36.3MM
LoansQ2 2018vs Q2 2017$17.8MM$18.8MM
DepositsQ2 2018vs Q2 2017$29.3MM$30.0MM
Equity CapitalQ2 2018vs Q2 2017$6.5MM$6.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$680.00K$832.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$668.00K$690.00K
Real Estate OwnedQ2 2018vs Q2 2017$37.00K$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Forge Credit Union Savings Account Rates

OTHER TIERS: 2.45% $1 - $10k | 2.55% $10k - $25k | 2.65% $25k - $50k
0.25%$5-Share Savings Account
0.25%--Club Accounts

Forge Credit Union Money Market Rates

0.70%$2k-Money Market

Forge Credit Union Checking Account Rates

0.25%--Share Draft

Forge Credit Union CD Rates

3.00%$500-30 Month CD
2.75%*$50k*-12 Month CD
OTHER TIERS: 2.45% $500 - $10k | 2.55% $10k - $25k | 2.65% $25k - $50k
2.15%$500-6 Month CD

Forge Credit Union Locations
Branch Office1402 Bywood AveUpper Darby, PA 19082

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