Credit union
First Commonwealth Federal Credit Union
Lehigh Valley, Pennsylvania, Lehigh County, PA
$1.5B in total assets and 98,474 members, the 345th largest of 4,298 US credit unions and 12th of 269 headquartered in Pennsylvania.
- NCUA charter
- 12765
- Charter
- Federal
- Chartered
- 1959
- NCUA insured since
- 1971
- Field of membership
- Multiple common bond - primarily communications and utilities
- Low-income designation
- Yes
- Website
- http://www.firstcomcu.org
At a glance
Compared with 14 federally insured credit unions in Pennsylvania with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.5B | 29% | $2.1B | |
| Loans | $1.1B | 43% | $1.4B | |
| Deposits (shares) | $1.3B | 43% | $1.9B | |
| Members | 98,474 | 43% | 131,502 | |
| Return on assets | 0.69% | 50% | 0.73% | |
| Net interest income to assets | 4.14% | 93% | 3.05% | |
| Efficiency ratio | 72.6% | 43% | 74.7% | |
| Net worth ratio | 10.12% | 36% | 10.93% | |
| Loans to shares | 86% | 79% | 80% | |
| Cost of deposits | 1.45% | 14% | 2.08% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 8.9% a year over 10 years and 8.3% a year over the last 5, including 4 mergers in the last 10 years. Membership grew 7.3% a year over 5 years, to 98,474.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Nov 2024 | Jay Bee Employees Federal Credit Union Credit union, Walnutport, PA | $1M |
| Jun 2024 | Bellco Federal Credit Union Credit union, Wyomissing, PA | $176M |
| Apr 2024 | St. Elizabeth Credit Union Credit union, Northampton, PA | $10M |
| Apr 2022 | Baker Federal Credit Union Credit union, Phillipsburg, NJ | $44M |
| Jul 2015 | Catasauqua Area Federal Credit Union Credit union, Catasauqua, PA | $652K |
| Nov 2010 | Dixie Cup Employees Federal Credit Union Credit union, Easton, PA | $1M |
Where they operate
17 branches in 5 counties.
1 of 17 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Lehigh County, PA | 7 | 6.1% | 3 of 34 |
| Berks County, PA | 4 | 3.4% | 11 of 32 |
| Northampton County, PA | 4 | 4.7% | 7 of 29 |
| Warren County, NJ | 1 | 3.6% | 9 of 13 |
| Carbon County, PA | 1 | 5.3% | 5 of 8 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 6 | |
| 2017 | 8 | +2 |
| 2018 | 8 | 0 |
| 2019 | 10 | +2 |
| 2020 | 12 | +2 |
| 2021 | 12 | 0 |
| 2022 | 13 | +1 |
| 2023 | 13 | 0 |
| 2024 | 15 | +2 |
| 2025 | 17 | +2 |
| Jun 2026 | 17 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.53% | 0.74% |
| Net worth ratio | 10.12% | 10.93% |
| Loans to shares | 86% | 80% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Pennsylvania
Most branches in Lehigh County, PA
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.