NET Credit Union is headquartered in Scranton and is the 35th largest credit union in the state of Pennsylvania. It is also the 1,095th largest credit union in the nation. It was established in 1941 and as of December of 2020, it had grown to 37 employees and 16,858 members at 2 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 | 37 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.4% |
Return on Equity - YTD | 2.94% |
Annual Interest Income | $6.6MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $226.8MM$198.0MM |
Loans | Q4 2020vs Q4 2019 | $89.1MM$87.1MM |
Deposits | Q4 2020vs Q4 2019 | $195.5MM$168.6MM |
Equity Capital | Q4 2020vs Q4 2019 | $30.6MM$29.0MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $771.00K$726.00K |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $525.00K$779.00K |
Real Estate Owned | Q4 2020vs Q4 2019 | $74.00K$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 | |
---|---|---|---|---|---|
0.05%* | $2.5k* | - | Share Savings | ||
OTHER TIERS: 0.02% → $200 - $2.5k | |||||
0.05% | $50 | - | Share Christmas Club | ||
0.05% | $50 | - | Share Vacation Club | ||
0.05% | $1 | - | IRA Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $25k* | - | Money Market | ||
OTHER TIERS: 0.05% → $200 - $2.5k | 0.10% → $2.5k - $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.05%* | $8k* | - | Share Sweep Account | ||
OTHER TIERS: 0.02% → Up to $8k | |||||
0.01% | $2k | - | Share Draft |
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 |