Iron Workers Federal Credit Union
Overview / Commentary
Iron Workers Federal Credit Union is headquartered in Pittsburgh and is the 244th largest credit union in the state of Pennsylvania. It is also the 3,939th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 1 employees and 3,470 members at 1 location. Iron Workers Federal Credit Union has a C- health rating.
Field of Membership Restrictions
Membership in Iron Workers Federal Union is open to members of Iron Workers Local #3, Tree of Life or L*Smicha Congregation, Iron Workers Benefits Plan of Western Pennsylvania, St. Augustines Parish, or Wilkinsburg-Penn Joint Water Authority.
See current membership details
Health
C-
Data as of Q1 2025
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. Iron Workers Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 15797 |
| Year Chartered | 1963 |
| Employees | 1 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.19% |
| Return on Equity - YTD | 2.95% |
| Annual Interest Income | $64K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $5.6MM$5.7MM |
| Loans | Q1 2025vs Q1 2024 | $2.1MM$2.4MM |
| Deposits | Q1 2025vs Q1 2024 | $5.2MM$5.2MM |
| Equity Capital | Q1 2025vs Q1 2024 | $368K$352K |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $5K$17K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $65K$39K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |