Overview / Commentary
Franklin-Oil Region Credit Union is headquartered in Franklin and is the 141st largest credit union in the state of Pennsylvania. It is also the 2,650th largest credit union in the nation. It was established in 1974 and as of June of 2022, it had grown to 18 employees and 6,233 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 2022
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 | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 6.02% |
| Annual Interest Income | $666.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $43.7MM$43.7MM |
| Loans | Q2 2022vs Q2 2021 | $21.7MM$22.9MM |
| Deposits | Q2 2022vs Q2 2021 | $38.5MM$38.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $5.0MM$4.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $302.00K$241.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $356.00K$352.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |