Omega Federal Credit Union


Overview / Commentary
412-369-3800
10455 Perry Hwy
Wexford, PA 15090

Omega Federal Credit Union is headquartered in Wexford and is the 55th largest credit union in the state of Pennsylvania. It is also the 1,421st largest credit union in the nation. It was established in 1940 and as of December of 2023, it had grown to 30 employees and 13,697 members at 6 locations. Omega Federal Credit Union has an A health rating.

Field of Membership Restrictions

Omega Federal Credit Union is open to anyone who lives, works, worships, or attends school in the city of Pittsburgh, or the region of Allegheny County north of I-376. Also eligible for membership are employees of any one of the credit union's business partner groups (including but not limited to): AT&T, Applebees, Allegheny County Bar Association, BAnksville Medical, P.C., Commonwealth of PA, Dialysis Clinic, Inc., GNC Distribution Center, Kohl's Department Store, McDonald's, North Hills YMCA, and UPS. (A complete list of groups is posted on the credit union's website)
See current membership details

Reviews (2)

Highly recommend Omega Federal Credit Union in Pittsburgh, PA!

Posted by: |

I have had a great experience with Omega Federal Credit Union, located just outside of Pittsburgh, PA. I have a savings account with them that is separate from my primary bank. Their staff is very helpful and friendly. I have interacted with them in person at the branch, and also on the phone. I only had to deposit $5 to open my savings account. You can fill out a membership form for the credit union online, and as I was driving past the other day I noticed that they have a sign outside that says they are completely open to the public now. You will have to provide your social security number on the application, which I was uncomfortable with doing online. You must also check to make sure you qualify with their residency requirements, which are detailed on their website. Great, hometown credit union!

The Most Incompetent Bank

As the title suggests, OMEGA FCU has been a very negative experience for me. With checking and savings account being the same number ( which is ridiculous in itself), the staff at this bank for years has been unable to deposit my checks into the account I have requested. Up to this date, after nine phone calls, the issue has not been resolved. Clearly, their stuff either is not trained properly, or simply does not care. I am closing both accounts and taking my business somewhere else.



Health

Health Grade Components

Overall
NCUA #3711
Year Chartered1940
Employees30
Primary Regulator
Profit Margin
Return on Assets - YTD1.2%
Return on Equity - YTD10.61%
Annual Interest Income$7MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$161.3MM$147.4MM
LoansQ4 2023vs Q4 2022$123.4MM$110.2MM
DepositsQ4 2023vs Q4 2022$142.5MM$133.3MM
Equity CapitalQ4 2023vs Q4 2022$17MM$12.8MM
Loan Loss AllowanceQ4 2023vs Q4 2022$1.3MM$994K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$727K$253K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
Rates

Rates for Omega Federal Credit Union are currently being reviewed.

Locations


Omega Federal Credit Union Locations
Branch Office206 Siebert RdPittsburgh, PA 15237
Branch Office4800 Friendship AvePittsburgh, PA 15224
Corporate Office10455 Perry HwyWexford, PA 15090-9204
Branch Office2515 Preble AvePittsburgh, PA 15233
Branch Office320 E NORTH AVEPITTSBURGH, PA 15212
Branch Office7 Horsman DrMt Lebanon, PA 15228-1128

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.