Washington Area Teachers Federal Credit Union

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A short history of Washington Area Teachers FCU

Since its inception in 1959 the Washington Area Teachers Federal Credit Union has been serving its members in the Washington, 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 Denise Hawk, the Washington Area Teachers FCU has grown its membership to over 4,039 with assets of more than $60,841,528. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (724) 222-8064 or email them at info@watfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Washington, PA.

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

Charter Number 13035
Address 75 Landings Drive 
City Washington 
State Pennsylvania 
Zip-Code 15301
Phone Number (724) 222-8064
Fax Number (724) 225-4992
Email Address: info@watfcu.org
CEO/President Denise Hawk
Members 4,039 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 60,841,528 
Website http://www.watfcu.org 

Compare Washington Area Teachers Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Wabellco CU Wabellco Federal Credit Union 1277 Park Ave 15301 (724) 225-7522 No 0.65
T. C. W. H. #585 CU Branch #1 1 S College St 15301 (724) 222-0101 No 1.14
Chrome CU Washington Branch 45 Griffith Ave 15317 (724) 228-2030 No 1.64
Jessop Community CU Main Office 1100 Green St 15301 (724) 229-0720 No 1.94
Pennformer Community CU Pennformer Community FCU 201 W Pike St 15317 (724) 746-9460 No 7.69

Washington Area Teachers Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Washington Area Teachers 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 7.99 1.99 2.49 4.25 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 90 34 51 174 229
Rank Among All Pennsylvania Credit Unions 10 8 11 53 87

Washington Area Teachers Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 N/A 0.60 0.20
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 108 N/A 240 271
Rank Among All Pennsylvania Credit Unions N/A 29 N/A 63 60
Washington Area Teachers Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.9909241,695,449
All Other Unsecured Loans/Lines of Credit 8.7502271,245,307
Short-Term, Small Amount Loans (STS) (Federal CU Only) 18.000209,184
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9901532,919,688
Used Vehicle Loans 2.4903443,877,416
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.250654,350,158
Total Other Real Estate Loans/Lines of Credit 5.0002077,002,948
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0003112,952,964
TOTAL LOANS & LEASES 2,25124,053,114

Washington Area Teachers 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 393,362,26100
    b. 15 Years or less 26987,89700
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 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 511,310,80900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 39905,86720136,854
Open-End Fixed Rate 1174,786,27215752,781
TOTALS 27211,353,10635889,635

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

Washington Area Teachers Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
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