Overview / Commentary
G.A.P. Federal Credit Union is headquartered in Johnstown and is the 100th largest credit union in the state of Pennsylvania. It is also the 2,112th largest credit union in the nation. It was established in 1937 and as of December of 2024, it had grown to 15 employees and 6,500 members at 6 locations. G.A.P. Federal Credit Union has an A health rating.
Field of Membership Restrictions
Must be an employee of the United States Government including all branches of the military who live or work in Johnstown, PA or in Cambria or Somerset County, PA. Also open to employees of other select companies.
See current membership details
Health
A
Data as of Q4 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. G.A.P. Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2405 |
| Year Chartered | 1937 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.7% |
| Return on Equity - YTD | 12.99% |
| Annual Interest Income | $3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $71.9MM$67.1MM |
| Loans | Q4 2024vs Q4 2023 | $35.8MM$32.3MM |
| Deposits | Q4 2024vs Q4 2023 | $62.3MM$58.7MM |
| Equity Capital | Q4 2024vs Q4 2023 | $9.4MM$8.2MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $422K$389K |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $461K$107K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |