Penn East Federal Credit Union

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A short history of Penn East FCU

Since its inception in 1938 the Penn East Federal Credit Union has been serving its members in the SCRANTON, 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 Jeffrey DeBree, the Penn East FCU has grown its membership to over 20,980 with assets of more than $170,965,323. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (570) 342-2720 or email them at info@penneastfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SCRANTON, PA.

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

Charter Number 2742
Address 441 N 7TH AVE 
City SCRANTON 
State Pennsylvania 
Zip-Code 18503
Phone Number (570) 342-2720
Fax Number (570) 342-4669
Email Address: info@penneastfcu.org
CEO/President Jeffrey DeBree
Members 20,980 
Full-Time Employees 43 
Part-Time Employees 12 
Number of Branch Offices
Total Assets 170,965,323 
Website http://www.penneastfcu.org 

Compare Penn East Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Scranton Times Downtown CU Scranton Times Downtown FCU 129 Penn Ave 18503 (570) 348-9192 No 0.05
Spojnia CU Spojnia Credit Union 1006 Pittston Ave 18505 (570) 344-1513 No 0.98
Cmc-fcpi Employees CU Main office 415 Colfax Ave 18510 (570) 348-2140 No 1.21
First Credit Union Of Scranton CU First Credit Union of Scranton 605 Davis St 18505 (570) 961-8953 No 2.57
Net CU Olyphant 1444 E Lackawanna St 18447 (570) 961-5300 No 2.62

Penn East Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Penn East 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 8.50 3.73 3.65 3.89 4.58
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 122 240 164 124 178
Rank Among All Pennsylvania Credit Unions 15 90 46 32 65

Penn East Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 0.19 0.50 0.63
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 143 119 263 208
Rank Among All Pennsylvania Credit Unions 22 42 24 72 38
Penn East Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.5002,1474,837,782
All Other Unsecured Loans/Lines of Credit 4.5103,19310,647,952
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 7.0603113,563,357
New Vehicle Loans 3.7304337,850,946
Used Vehicle Loans 3.6502,93933,077,875
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.890698,280,215
Total Other Real Estate Loans/Lines of Credit 4.5801,01137,583,456
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.7703713,121,509
TOTAL LOANS & LEASES 10,474108,963,092

Penn East 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 101,104,59500
    b. 15 Years or less 17970,44800
Balloon/Hybrid
    a. > 15 years 223,914,0502293,750
    b. 15 Years or less 0000
Other Fixed Rate 163,64400
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 192,227,4783348,400

OTHER REAL ESTATE

Closed-End Fixed Rate 68118,949,093953,240,259
Closed-End Adjustable Rate 359,639,27471,144,281
Open-End Adjustable Rate 2958,995,089251,828,889
Open-End Fixed Rate 0000
TOTALS 1,08045,863,6711326,855,579

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

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