Morrisons Cove 1st Federal Credit Union

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A short history of Morrisons Cove 1st FCU

Since its inception in 1954 the Morrisons Cove 1st Federal Credit Union has been serving its members in the ROARING SPRING, Pennsylvania area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Lynnette Hamm, the Morrisons Cove 1st FCU has grown its membership to over 4,438 with assets of more than $40,929,760. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (814) 224-2744 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ROARING SPRING, PA.

General Information For Morrisons Cove 1st FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 9681
Address 7533 WOODBURY PIKE 
City ROARING SPRING 
State Pennsylvania 
Zip-Code 16673
Phone Number (814) 224-2744
Fax Number (814) 224-5080
Email Address: none
CEO/President Lynnette Hamm
Members 4,438 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 40,929,760 
Website http://www.springmillcu.com 

Compare Morrisons Cove 1st Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
S. T. P. Employees CU Credit Union Office PO Box 1017 16635 (814) 693-6015 No 7.57
Your Choice CU Main Office 109 Keystone St 16602 (814) 946-1294 No 10.71
Blair County CU Blair County Federal Credit Union 3001 6th Ave 16602 (814) 944-2821 No 12.70
A.b. CU 871 30th St 871 30th St 16601 (814) 944-4025 No 12.95
American Pride CU American Pride CU 1431 Valley View Blvd 16602 (814) 946-3045 No 13.23

Morrisons Cove 1st Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Morrisons Cove 1st Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.67 1.85 3.12 5.85 4.06
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 218 25 105 358 108
Rank Among All Pennsylvania Credit Unions 35 5 30 102 38

Morrisons Cove 1st Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 N/A 0.50 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 N/A 262 192
Rank Among All Pennsylvania Credit Unions N/A 32 N/A 71 34
Morrisons Cove 1st Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.6705591,025,728
All Other Unsecured Loans/Lines of Credit 7.4104672,355,689
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.850961,551,592
Used Vehicle Loans 3.1202132,416,906
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.85020604,654
Total Other Real Estate Loans/Lines of Credit 4.060692,847,037
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.71055474,695
TOTAL LOANS & LEASES 1,47911,276,301

Morrisons Cove 1st Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 11300,93400
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 9303,72000

OTHER REAL ESTATE

Closed-End Fixed Rate 692,847,0374293,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 893,451,6914293,000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Morrisons Cove 1st Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes