Hershey Federal Credit Union is headquartered in Hummelstown and is the 91st largest credit union in the state of Pennsylvania. It is also the 1,960th largest credit union in the nation. It was established in 1949 and as of June of 2020, it had grown to 19 employees and 6,903 members at 3 locations. Hershey Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Hershey Federal Credit Union offers membership to those who work, worship, live or attend school in Dauphin or Lebanon Counties can become members. Also, any immediate family of current HFCU members are eligible to join.
See current membership details
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Great For Average User
The bank is great for the individual that needs to go the bank. The individuals at all the branches are very friendly and helpful when you walk in. Most times they remember you by name too. However, for the hours are a little tricky to make it in for some people, and the online banking site is less than optimal. All you can do is check your balances and sign up for bill payer. There is not the opportunity for other services either. Additionally, their website is hard to navigate to find information for on things such as their credit card, CDs, and other services the bank provides. Overall, the bank is great for an average user.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6095 |
| Year Chartered | 1949 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 2.53% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $78.7MM$69.8MM |
| Loans | Q2 2020vs Q2 2019 | $51.4MM$47.3MM |
| Deposits | Q2 2020vs Q2 2019 | $72.4MM$64.0MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.1MM$5.7MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $85.00K$104.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $341.00K$252.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |