Overview / Commentary
Franklin-Oil Region Credit Union is headquartered in Franklin and is the 135th largest credit union in the state of Pennsylvania. It is also the 2,600th largest credit union in the nation. It was established in 1974 and as of December of 2019, it had grown to 17 employees and 7,322 members at 2 locations. Franklin-Oil Region Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Venango County.
See current membership details
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Health
B
Data as of Q4 2019
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 | -0.63% |
| Return on Equity - YTD | -5.44% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $38.2MM$38.8MM |
| Loans | Q4 2019vs Q4 2018 | $24.3MM$26.3MM |
| Deposits | Q4 2019vs Q4 2018 | $33.6MM$33.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $4.5MM$4.7MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $364.00K$249.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $527.00K$515.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$16.00K |