FIRST COMMONWEALTH

PO Box 20450
Lehigh Valley, PA 18002

Notable Rates APY Vs.Others
Savings 0.10% 2.25% →
1-Year CD 0.40% 2.25% →
2-Year CD 0.70% 2.50% →
5-Year CD 1.20% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

First Commonwealth is an NCUA insured institution located in Lehigh Valley, PA. It was founded in 1959 and has approximately $782.86 millions in assets.

Who can join?

If you live, work, worship or attend school in one of our designated service areas.

Residents of Pennsylvania and New Jersey can join the American Consumer Council (www.americanconsumercouncil.org), free of charge, and automatically be eligible for First Commonwealth membership.

Employment Eligibility
You can join First Commonwealth if you are employed by one of our participating Select Employer Groups (SEGs) or are an immediate family member of SEG employee.

Family Eligibility
If you are an immediate family member of a current member, you are eligible. Immediate family members include spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, foster or adoptive relationships. In addition, persons living in the same residence of an existing member, maintaining a single economic unit, are also eligible.

NCUA Insured Yes
Charter Number # # 12765
Date Established 1959
Assets $782.86 million
Loans $579.04 million
Deposits $673.18 million
Capital $85.14 million
 

Field of Membership Restrictions

You can join First Commonwealth if you: Are employed by one of our participating Select Employer Groups(SEGs) or are an immediate family* member of a SEG employee. Live, work, worship or attend school in one of our designated service areas. Are an immediate family member* of a current member. Belong to or join the American Consumer Council. If you are a consumer who lives in Pennsylvania or New Jersey, you may be eligible for credit union membership through the ACC.

Deposit Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.21% $2,500 $9,999 Learn MoreShow Less
Money Market
0.24% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.10% $1 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
0.40% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.25% $500 - Learn MoreShow Less
6 Mo CD
0.30% $500 - Learn MoreShow Less
Special: 11 Mo CD
1.50% $500 - Learn MoreShow Less
12 Mo CD
0.40% $500 - Learn MoreShow Less
18 Mo CD
0.60% $500 - Learn MoreShow Less
24 Mo CD
0.70% $500 - Learn MoreShow Less
30 Mo CD
0.80% $500 - Learn MoreShow Less
36 Mo CD
0.80% $500 - Learn MoreShow Less
48 Mo CD
1.00% $500 - Learn MoreShow Less
60 Mo CD
1.20% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1,500 $9,999 Learn MoreShow Less

Loan Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for FIRST COMMONWEALTH

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info

Note to FIRST COMMONWEALTH
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are First Commonwealth branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Commonwealth Locations


Financial Details

First Commonwealth Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Commonwealth. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
First Commonwealth U.S. Average
4.81% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, First Commonwealth had $4,275,698 in non-current loans and $80,106 in owned assets. To cover these potential losses it had $85,142,055 in net worth and $5,453,538 in loans loss reserves. That gives it a Texas Ratio of 4.81%.

Net Worth
First Commonwealth U.S. Average
11.39% 13.65%

First Commonwealth FCU has a net worth of 11.39% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About First Commonwealth

Branches and Savings

What is First Commonwealth?

A federal credit union, registered with the NCUA under certificate #12765.
Learn more about credit unions here.

Is First Commonwealth FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join First Commonwealth?

Please see Field of Membership information above for information on who is eligible to join.

What are First Commonwealth's share account and share certificate rates?

First Commonwealth's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is First Commonwealth?

First Commonwealth has total capital of $85.14 million. Full information on First Commonwealth's financial position is located above.

Who owns First Commonwealth?

Credit Unions are owned by their members.

Where are First Commonwealth branches located?

See branch locations nearby.

Are First Commonwealth ATMs Open 24/7?

Do First Commonwealth ATMs accept cash deposits?

Can First Commonwealth customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does First Commonwealth have a mobile app?

Does First Commonwealth have mobile deposit?

Does First Commonwealth have quick pay?

How can First Commonwealth transfer money to other banks or credit unions?

Does First Commonwealth report to credit bureaus?

Does First Commonwealth use Chexsystems?

Does First Commonwealth use Equifax?

What is First Commonwealth's toll free phone number?

What is First Commonwealth's ACH Routing Number?

What is First Commonwealth's SWIFT code?

Where can I find First Commonwealth's wire transfer form?

What is the First Commonwealth address for deposits?

What Products Does First Commonwealth Offer

Does First Commonwealth offer mortgages?

Compare mortgage rates here.

Does First Commonwealth offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Commonwealth offer auto and RV loans?

Compare auto loan rates here.

Does First Commonwealth offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for First Commonwealth

There are currently no comments for First Commonwealth. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →