NET Credit Union is headquartered in Scranton and is the 36th largest credit union in the state of Pennsylvania. It is also the 1,078th largest credit union in the nation. It was established in 1941 and as of June of 2023, it had grown to 51 employees and 17,487 members at 2 locations. NET Credit Union's money market rates are 9X the national average, and it has a B+ 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 | 51 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.29% |
Return on Equity - YTD | 3.76% |
Annual Interest Income | $4.8MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $264.4MM$254.8MM |
Loans | Q2 2023vs Q2 2022 | $132.2MM$113.0MM |
Deposits | Q2 2023vs Q2 2022 | $242.8MM$234.2MM |
Equity Capital | Q2 2023vs Q2 2022 | $20.3MM$19.7MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $1.1MM$857.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $1.5MM$786.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not NET Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
7.00%* | - | $10k | Digital Checking | ||
OTHER TIERS: 0.30% → $10k+ | |||||
7.00%* | - | $10k | Checking Plus | ||
OTHER TIERS: 0.30% → $10k+ |
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 |