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FIRST COMMONWEALTH FEDERAL CREDIT UNION

Sep, 30, 2025 — FIRST COMMONWEALTH FEDERAL CREDIT UNION is a federal credit union headquartered in ALLENTOWN, PA with 16 branch locations and about $1.41 billion in total assets. Opened 67 years ago in 1959, FIRST COMMONWEALTH FEDERAL CREDIT UNION has about 96,532 members and employs 245 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST COMMONWEALTH FEDERAL CREDIT UNION
Address:
(Main Office)
6126 Hamilton Blvd Ste 100
ALLENTOWN, PA 18106
Phone:(610) 821-2400
Fax:
Website:https://www.firstcomcu.org
Branches:16 branch locations
Members:96,532
Credit Union Type:Federal Credit Union
Charter Number:12765
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$1,410,583,003
CEO/Manager:Donna LoStocco
Chairperson:William Ehritz

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 103,454,898
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 848,385,418
 Unsecured Loans 91,808,441
 Other Loans 179,876,037
 TOTAL LOANS 1,120,086,426
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,271,398
 Land And Building 35,494,023
 Other Fixed Assets 9,038,393
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 11,458,044
 All Other Assets 106,751
  TOTAL ASSETS 1,410,583,003
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,391,214
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 241,175,296
 Regular shares 333,974,902
 All Other Shares & Deposits 692,304,988
  TOTAL SHARES & DEPOSITS 1,267,455,186
  TOTAL LIABILITIES 1,281,846,400
 Regular Reserve 0
 Other Reserves 6,480,316
 Undivided Earnings 122,256,287
  TOTAL EQUITY 128,736,603
  TOTAL LIABILITIES, SHARES, & EQUITY 1,410,583,003
INCOME & EXPENSE  
 Loan Income 51,169,412
 Investment Income 4,883,727
 Other Income 4,778,210
 Total Employee Compensation & Benefits 20,870,451
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 21,014,571
 Non-operating Income & (Expense) -210,588
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,000,000
 Cost of Funds 14,711,630
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,342,321
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