Overview / Commentary
Franklin-Oil Region Credit Union is headquartered in Franklin and is the 137th largest credit union in the state of Pennsylvania. It is also the 2,646th largest credit union in the nation. It was established in 1974 and as of March of 2021, it had grown to 17 employees and 6,528 members at 2 locations. Franklin-Oil Region Credit Union has a B+ health rating.
Field of Membership Restrictions
Franklin-Oil Region Credit Union is open to anyone who lives, works, worships, volunteers, attends school, or owns a business in Venango County, Pennsylvania.
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Health
B+
Data as of Q1 2021
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. Franklin-Oil Region Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 65356 |
| Year Chartered | 1974 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.18% |
| Return on Equity - YTD | -1.62% |
| Annual Interest Income | $335.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $43.7MM$39.0MM |
| Loans | Q1 2021vs Q1 2020 | $22.1MM$23.6MM |
| Deposits | Q1 2021vs Q1 2020 | $38.9MM$34.3MM |
| Equity Capital | Q1 2021vs Q1 2020 | $4.7MM$4.6MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $173.00K$314.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $444.00K$561.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |