Overview / Commentary
Wabellco Federal Credit Union is headquartered in Washington and is the 219th largest credit union in the state of Pennsylvania. It is also the 3,817th largest credit union in the nation. It was established in 1955 and as of December of 2019, it had grown to 4 employees and 1,251 members at 1 location. Wabellco Federal Credit Union has a B health rating.
Field of Membership Restrictions
Wabellco Federal Credit Union offers membership to those who work, attend school, worship or live in the city of Washington and select Washington County Townships and Boroughs. Additionally employees of select employer groups including; AT&T, Verizon, Typographical Union #456, South Franklin VFD and several others are also elgible for membership.
See current membership details
Health
B
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. Wabellco Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10047 |
| Year Chartered | 1955 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.08% |
| Return on Equity - YTD | 0.75% |
| Annual Interest Income | $331.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $12.1MM$12.6MM |
| Loans | Q4 2019vs Q4 2018 | $4.7MM$5.0MM |
| Deposits | Q4 2019vs Q4 2018 | $10.8MM$10.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.3MM$1.3MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $22.00K$23.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $26.00K$120.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |