NET Credit Union is headquartered in Scranton and is the 33rd largest credit union in the state of Pennsylvania. It is also the 1,003rd largest credit union in the nation. It was established in 1941 and as of March of 2025, it had grown to 52 employees and 18,846 members at 3 locations. NET Credit Union has an A health rating.
Membership in Net Credit Union is open to employees of Armor Holdings, Borough of Throop, Cinram International, Moses Taylor Hospital, and over 200 area Preferred Partner Group. Eligibility also extends to family and household members of current credit union members.
See current membership details
Overall | |
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NCUA # | 4792 |
Year Chartered | 1941 |
Employees | 52 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -0.16% |
Return on Equity - YTD | -2.1% |
Annual Interest Income | $3.5MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $320.9MM$281.8MM |
Loans | Q1 2025vs Q1 2024 | $167MM$144.9MM |
Deposits | Q1 2025vs Q1 2024 | $295.9MM$259.2MM |
Equity Capital | Q1 2025vs Q1 2024 | $24.5MM$20.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.4MM$1.7MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $991K$1.7MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$50K |
Rates for NET Credit Union are currently being reviewed.
NET Credit Union Locations | ||
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Branch Office | 1444 E Lackawanna St | Olyphant, PA 18447-2174 |
Corporate Office | 119 Mulberry St | Scranton, PA 18503 |
Branch Office | 900 S Main St | Taylor, PA 18517 |