Net Federal Credit Union

Headquarters

119 Mulberry St
Scranton, PA 18503
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 5.55% →
1-Year CD 0.25% 5.41% →
2-Year CD 0.30% 5.00% →
5-Year CD 0.40% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Net is an NCUA insured institution located in Scranton, PA. It was founded in 1941 and has approximately $274.52 millions in assets.

Who can join?

Only employees of NET's select groups or an immediate family member of one of those employees are eligible to join. NET FCU welcomes your business to make you and your employees and their immediate family members eligible to join the union.

NCUA Insured Yes / Federally Chartered
Charter Number # # 4792
Date Established 1941
Assets $274.52 million
Loans $140.18 million
Deposits $251.74 million
Capital $34.57 million
 

Field of Membership Restrictions

Membership in Net Credit Union is open to employees of Armor Holdings, Borough of Throop, Cinram International, Moses Taylor Hospital, and over 200 area Preferred Partner Group.

Deposit Rates - April 19, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.15% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.15% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.20% $10,000 $14,999 Learn More
24 Mo CD
0.30% $100,000 $199,999 Learn More
30 Mo CD
0.25% $10,000 $14,999 Learn More
30 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.35% $100,000 $199,999 Learn More
48 Mo CD
0.30% $10,000 $14,999 Learn More
48 Mo CD
0.40% $100,000 $199,999 Learn More
60 Mo CD
0.30% $10,000 $14,999 Learn More
60 Mo CD
0.40% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 19, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Net

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



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
PenFed Credit Union
NMLS ID: 401822
6.818% 6.625% 1.00 $6,400 $2,049 Learn More
Rocket Mortgage
NMLS ID: 3030
7.350% 7.250% 1.00 $3,200 $2,183 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More
Veterans United Home Loans
NMLS ID: 1907
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

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

Branches

Below are Net 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:
Columbus,Ohio



Climate Policy and Initiatives

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


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Financial Details

Net Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Net. 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
Net U.S. Average
5.94% 6.97

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 December 31, 2023, Net had $2,071,640 in non-current loans and $49,879 in owned assets. To cover these potential losses it had $34,569,693 in net worth and $1,122,395 in loans loss reserves. That gives it a Texas Ratio of 5.94%.

Net Worth
Net U.S. Average
12.57% 13.62%

Net FCU has a net worth of 12.57% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Net

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