PENN EAST

441 N 7TH AVE
Scranton, PA 18503

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 2742
Date Established 1938
Assets $174.93 million
Loans $105.30 million
Deposits $155.00 million
Capital $20.55 million

Penn East is an NCUA insured institution located in Scranton, PA. It was founded in 1938 and has approximately $174.93 millions in assets.

Field of Membership Restrictions

Membership is open to those who live or work in Lackawanna, Luzerne or Wyoming County.

Deposit Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.05% $1 $4,999 Learn MoreShow Less
Money Market
0.20% $5,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
0.55% $1,000 $49,999 Learn MoreShow Less
Special: 37 Mo FIRA
1.50% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.10% $1,000 $49,999 Learn MoreShow Less
0.30% $1,000 $49,999 Learn MoreShow Less
0.55% $1,000 $49,999 Learn MoreShow Less
0.65% $1,000 $49,999 Learn MoreShow Less
0.90% $1,000 $49,999 Learn MoreShow Less
1.20% $1,000 $49,999 Learn MoreShow Less
Special: 37 Mo CD
1.50% $1,000 - Learn MoreShow Less
1.50% $1,000 $49,999 Learn MoreShow Less
1.70% $1,000 $49,999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 - Learn MoreShow Less

Loan Rates - August 23, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for PENN EAST

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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.529% 3.500% 0.38 $898 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.240 %
$0 Learn More
More Info

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



Branches

Below are Penn East 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


Penn East Locations


Financial Details

Penn East Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Penn East. 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
Penn East U.S. Average
3.12% 6.77

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 March 31, 2019, Penn East had $595,922 in non-current loans and $65,000 in owned assets. To cover these potential losses it had $20,554,585 in net worth and $625,011 in loans loss reserves. That gives it a Texas Ratio of 3.12%.

Net Worth
Penn East U.S. Average
11.75% 13.47%

Penn East FCU has a net worth of 11.75% versus the BestCashCow average of 13.47. 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 Penn East

Branches and Savings

What is Penn East?

A federal credit union, registered with the NCUA under certificate #2742.
Learn more about credit unions here.

Is Penn East 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 Penn East?

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

What are Penn East's share account and share certificate rates?

Penn East'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 Penn East?

Penn East has total capital of $20.55 million. Full information on Penn East's financial position is located above.

Who owns Penn East?

Credit Unions are owned by their members.

Where are Penn East branches located?

See branch locations nearby.

Are Penn East ATMs Open 24/7?

Do Penn East ATMs accept cash deposits?

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

Does Penn East have a mobile app?

Does Penn East have mobile deposit?

Does Penn East have quick pay?

How can Penn East transfer money to other banks or credit unions?

Does Penn East report to credit bureaus?

Does Penn East use Chexsystems?

Does Penn East use Equifax?

What is Penn East's toll free phone number?

What is Penn East's ACH Routing Number?

What is Penn East's SWIFT code?

Where can I find Penn East's wire transfer form?

What is the Penn East address for deposits?

What Products Does Penn East Offer

Does Penn East offer mortgages?

Compare mortgage rates here.

Does Penn East offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Penn East offer auto and RV loans?

Compare auto loan rates here.

Does Penn East offer student loans or personal loans?

Compare personal loan rates here.

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