Overview / Commentary
GOLD Credit Union is headquartered in Allentown and is the 53rd largest credit union in the state of Pennsylvania. It is also the 1,397th largest credit union in the nation. It was established in 1937 and as of June of 2020, it had grown to 39 employees and 8,611 members at 2 locations. GOLD Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in PPL Gold Credit Union is open to employees, retirees and contractors of PPL Corporation and its subsidiaries, employees and retirees of Computer Aid, Inc., Professional Resource Group, Inc., O'Brian's Moving and Storage, Scott's Cars, Inc., Talen Energy.
See current membership details
Health
A+
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64884 |
| Year Chartered | 1937 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.03% |
| Return on Equity - YTD | -8.91% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $144.6MM$137.7MM |
| Loans | Q2 2020vs Q2 2019 | $102.4MM$93.8MM |
| Deposits | Q2 2020vs Q2 2019 | $127.6MM$120.0MM |
| Equity Capital | Q2 2020vs Q2 2019 | $16.6MM$17.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $257.00K$191.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $256.00K$195.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |