Credit union · NCUA insured
1st Ed Credit Union
Top CarrotA $139.8M credit union headquartered in Chambersburg, PA, with 7,068 members and 3 branches in Pennsylvania. Best rates: CDs 4.20% and savings 0.25% APY.
1st Ed Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 75% of U.S. banks and credit unions
#2 of 9 in Chambersburg, PA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About 1st Ed Credit Union
Founded in 1938 as Franklin County Teachers Credit Union, 1st Ed Credit Union is a member-owned financial cooperative.
Renamed in 2010, the credit union operates branch locations in Chambersburg, Greencastle, and Hanover, Pennsylvania.
- Headquarters
- 1156 Kennebec Dr, Chambersburg, PA 17201
- NCUA charter
- 65412
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of partner companies served by the credit union within the service area are eligible for membership.
Military, government and schools
- School employees and students in Adams, Cumberland (excluding West Shore, Camp Hill, East Pennsboro, Mechanicsburg, and Cumberland Valley), Franklin, Fulton, and York counties are eligible for membership.
Family and household
- Families of eligible school employees and students in Adams, Cumberland (except West Shore, Camp Hill, East Pennsboro, Mechanicsburg, and Cumberland Valley), Franklin, Fulton, and York counties are eligible for membership.
Branches
3 branches in Pennsylvania
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Pennsylvania
3 branches
Chambersburg area · 2
- FctcuMain office1156 Kennebec Dr, Chambersburg, PA 17201Directions
- Greencastle526 N Antrim Way, Greencastle, PA 17225Directions
York area · 1
- Hanover475 Eisenhower Dr, Hanover, PA 17331Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 15.87% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.50% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.42% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $37 | $76 | — |
- CapitalNet worth ratio15.87%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.50%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.42%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$37Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of 1st Ed Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.