Credit union · NCUA insured
Switch Federal Credit Union
Top CarrotA $47.5M credit union headquartered in Greenville, PA, with 3,076 members and 1 branch in Pennsylvania. Best rates: CDs 3.92% and savings 2.53% APY.
Switch Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 85% of U.S. banks and credit unions
#3 of 11 in Hermitage, PA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Switch Federal Credit Union
Based in Greenville, Pennsylvania, Switch Federal Credit Union was founded in 1943 by employees of the Bessemer and Lake Erie Railroad before expanding its charter to Mercer County in 2005.
The member-owned credit union focuses on providing affordable banking services to working-class people and serving the entire community.
- Headquarters
- 106 Woodfield Dr, Greenville, PA 16125
- NCUA charter
- 4982
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons who live, work, do business in, worship, or attend school in Mercer County, Pennsylvania are eligible to join.
Family and household
- Immediate family members of eligible members are welcome to join.
Cost to join
- There are no membership fees, but an initial minimum deposit of $50 in a Share Account (regular savings account) is required to establish and maintain membership.
Branches
1 branch in Pennsylvania
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Pennsylvania
1 branch
- Bessemer System FCUMain office106 Woodfield Dr, Greenville, PA 16125Directions
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 | 11.73% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.65% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.74% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $18 | $59 | — |
- CapitalNet worth ratio11.73%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.65%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.74%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$18Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 Switch Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.