Overview / Commentary
Priority First Federal Credit Union is headquartered in Du Bois and is the 71st largest credit union in the state of Pennsylvania. It is also the 1,771st largest credit union in the nation. It was established in 1969 and as of December of 2019, it had grown to 24 employees and 12,537 members at 5 locations. Priority First Federal Credit Union has an A health rating.
Field of Membership Restrictions
Priority First Federal Credit Union is open to those who live, work, worship, volunteer or go to school in Jefferson or Clearfield County.
See current membership details
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Health
A
Data as of Q4 2019
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. Priority First Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 19655 |
| Year Chartered | 1969 |
| Employees | 24 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.41% |
| Return on Equity - YTD | 4.16% |
| Annual Interest Income | $3.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $86.1MM$80.4MM |
| Loans | Q4 2019vs Q4 2018 | $70.0MM$62.5MM |
| Deposits | Q4 2019vs Q4 2018 | $77.5MM$73.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $8.5MM$7.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $385.00K$334.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $219.00K$343.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |