Overview / Commentary
Franklin-Oil Region Credit Union is headquartered in Franklin and is the 140th largest credit union in the state of Pennsylvania. It is also the 2,684th largest credit union in the nation. It was established in 1974 and as of June of 2024, it had grown to 16 employees and 5,883 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.
See current membership details
Health
B+
Data as of Q2 2024
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 | 16 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.36% |
| Return on Equity - YTD | 9.1% |
| Annual Interest Income | $960K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $38.8MM$38MM |
| Loans | Q2 2024vs Q2 2023 | $21.8MM$21.8MM |
| Deposits | Q2 2024vs Q2 2023 | $32.8MM$32.4MM |
| Equity Capital | Q2 2024vs Q2 2023 | $5.8MM$5.5MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $164K$217K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $124K$202K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$25K |