Overview / Commentary
GOLD Credit Union is headquartered in Allentown and is the 57th largest credit union in the state of Pennsylvania. It is also the 1,450th largest credit union in the nation. It was established in 1937 and as of December of 2022, it had grown to 38 employees and 9,341 members at 2 locations. GOLD Credit Union has a B+ 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
B+
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64884 |
| Year Chartered | 1937 |
| Employees | 38 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.76% |
| Return on Equity - YTD | -10.64% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $155.9MM$159.9MM |
| Loans | Q4 2022vs Q4 2021 | $114.3MM$117.4MM |
| Deposits | Q4 2022vs Q4 2021 | $144.0MM$145.1MM |
| Equity Capital | Q4 2022vs Q4 2021 | $11.1MM$14.5MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $420.00K$222.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $337.00K$256.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |