Overview / Commentary
Franklin-Oil Region Credit Union is headquartered in Franklin and is the 139th largest credit union in the state of Pennsylvania. It is also the 2,674th largest credit union in the nation. It was established in 1974 and as of December of 2020, it had grown to 17 employees and 6,626 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 Q4 2020
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 | 0.62% |
| Return on Equity - YTD | 5.28% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $40.4MM$38.2MM |
| Loans | Q4 2020vs Q4 2019 | $22.5MM$24.3MM |
| Deposits | Q4 2020vs Q4 2019 | $35.5MM$33.6MM |
| Equity Capital | Q4 2020vs Q4 2019 | $4.7MM$4.5MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $166.00K$364.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $443.00K$527.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |