First Commonwealth Federal Credit Union

Headquarters

Po Box 20450
Lehigh Valley, PA 18002
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.01% 0.85% →
1-Year CD 0.30% 0.85% →
2-Year CD 0.40% 0.80% →
5-Year CD 0.50% 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 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 $983.54 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 / Federally Chartered
Charter Number # # 12765
Date Established 1959
Assets $983.54 million
Loans $688.65 million
Deposits $878.10 million
Capital $98.34 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 8, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.01% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
30 Mo CD
0.50% $10,000 $14,999 Learn More
30 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.50% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
60 Mo CD
0.50% $10,000 $14,999 Learn More
60 Mo CD
0.50% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.01% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - December 8, 2021

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.748% 2.690% 0.75 $1,898 $1,013 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Flagstar Bank-Heloc
Flagstar Bank-Heloc
See Table
4.990 %
$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:
Ashburn,Virginia


First Commonwealth Locations



Climate Initiatives

FIRST COMMONWEALTH is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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
2.51% 3.79

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, 2021, First Commonwealth had $2,665,464 in non-current loans and $22,682 in owned assets. To cover these potential losses it had $98,343,817 in net worth and $8,664,350 in loans loss reserves. That gives it a Texas Ratio of 2.51%.

Net Worth
First Commonwealth U.S. Average
10.49% 12.22%

First Commonwealth FCU has a net worth of 10.49% versus the BestCashCow average of 12.22. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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