Glass Cap Federal Credit Union is headquartered in Connellsville and is the 149th largest credit union in the state of Pennsylvania. It is also the 2,867th largest credit union in the nation. It was established in 1960 and as of December of 2019, it had grown to 7 employees and 4,974 members at 2 locations. Glass Cap Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, worship, attend school or work in Fayette County.
See current membership details
A Great Experience
The Glass Cap FCU is a solid local credit union, usually used by employees of Crown Cork and Seal and some other local companies. Friendly staff and a varied and reasonable selection of products as well as awesome seasonal promotions (like the ability to skip loan payments around Christmas time) make this an attractive choice versus traditional commercial banking. If you're fed up with PNC or the ever changing Key Bank or First Niagara or National City or Integra/Gallatin bank scene, then this is a good, local option that will be stable and will help you do things that commercial banks can't do.
The banking process is smooth and the loan process couldn't be easier. Glass Cap FCU is a great choice for eligible members to join.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 13733 |
| Year Chartered | 1960 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 9.5% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $30.4MM$29.8MM |
| Loans | Q4 2019vs Q4 2018 | $21.2MM$20.9MM |
| Deposits | Q4 2019vs Q4 2018 | $26.4MM$25.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.4MM$3.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $64.00K$49.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $142.00K$85.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |