Credit union · NCUA insured
Armco Credit Union
A $717.6M credit union headquartered in Butler, PA, with 43,497 members and 5 branches in Pennsylvania. Best rates: CDs 3.82% and savings 0.60% APY.
Armco Credit Union Carrot Score
75
Carrot Score
Higher than 38% of U.S. banks and credit unions
#53 of 100 in Pittsburgh, PA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Armco Credit Union
Armco Credit Union is a state-chartered, member-owned credit union headquartered in Butler, Pennsylvania, operating six branches across the Pittsburgh area and western Pennsylvania.
Founded on February 26, 1935, by fifteen Armco Steel workers as Butler ARMCO Employees Credit Union, it was established to promote thrift and provide affordable credit to coworkers.
The credit union renamed to Armco Credit Union in 2018, acquired Swindell Dressler Credit Union in 2024, and merged with Corry Jamestown Credit Union in 2025.
- Headquarters
- 101 Hollywood Dr, Butler, PA 16001-7607
- NCUA charter
- 65291
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, worship, or attend school in Corry, PA as well as portions of Crawford County, Erie County, Forest County, and Warren County.
Employers and groups
- Membership is open to any active employee, retiree, widow, or widower of one of the credit union's Sponsor Organizations.
Family and household
- Membership is open to immediate family members (spouse, parent, child, sibling, grandparent, or grandchild) of a current or potential Armco CU member, and persons living within the same residence and maintaining a single economic unit with a current or eligible member.
Other ways
- Former Armco CU members are eligible to rejoin.
Cost to join
- An initial deposit of $5 into a savings account is required to join Armco Credit Union.
- A one-time membership fee of $1 is required to join Armco Credit Union.
Branches
5 branches in Pennsylvania
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Pennsylvania
5 branches
- Armco Employees Credit UnionMain office101 Hollywood Dr, Butler, PA 16001Directions
- Armco Employees Credit Union BC3 Branch107 College Dr, Butler, PA 16002Directions
- Armco Credit Union Karns City Branch106 Petrolia Street, Karns City, PA 16041Directions
- Mars Branch1031 Aster Way, Mars, PA 16046Directions
- Pitsburgh South Hills Branch4712 Clairton Blvd, Pittsburgh, PA 15236Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 13.66% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.55% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.97% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $83 | $76 | — |
- CapitalNet worth ratio13.66%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.55%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.97%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$83Peers’ 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 Armco Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.