Overview / Commentary
Northwood Federal Credit Union is headquartered in Philadelphia and is the 236th largest credit union in the state of Pennsylvania. It is also the 3,800th largest credit union in the nation. It was established in 1943 and as of March of 2025, it had grown to 329 members at 2 locations. Northwood Federal Credit Union's CD rates are 5X the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership is open to members of Reform Congregation of Keneseth Israel, Victory Lodge #42 of the Independent Order of Brith Sholom, All Saints Episcopal Church, Beth Shalom Synagogue.
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. Northwood Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5062 |
| Year Chartered | 1943 |
| Employees | 0 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.16% |
| Return on Equity - YTD | -0.87% |
| Annual Interest Income | $56K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $7.3MM$7.8MM |
| Loans | Q1 2025vs Q1 2024 | $3MM$2.7MM |
| Deposits | Q1 2025vs Q1 2024 | $5.9MM$6.4MM |
| Equity Capital | Q1 2025vs Q1 2024 | $1.3MM$1.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $60K$75K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $74K$68K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |