Dec, 31, 2023 — CRAYOLA EMPLOYEES CREDIT UNION is a federal credit union headquartered in EASTON, PA with 2 branch locations and about $9.45 million in total assets. Opened 66 years ago in 1958, CRAYOLA EMPLOYEES CREDIT UNION has about 864 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CRAYOLA EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 1100 Church Ln EASTON, PA 18040-6638 |
| Phone: | (610) 252-1502 |
| Fax: | (610) 252-7687 |
| Website: | https://www.crayolacu.com |
| Branches: | 2 branch locations |
| Members: | 864 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24850 |
|---|---|
| Membership Type: | Manufacturing - All Other |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,453,615 |
| CEO/Manager: | Susan Pfeiffer |
| Chairperson: | Grace E Betz |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,829,177 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,741,552 |
| Unsecured Loans | 76,921 |
| Other Loans | 371,914 |
| TOTAL LOANS | 3,190,387 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,014 |
| Land And Building | 0 |
| Other Fixed Assets | 7,353 |
| NCUSIF Deposit | 85,208 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,453,615 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,463 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,358,157 |
| Regular shares | 6,481,981 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 7,840,138 |
| TOTAL LIABILITIES | 7,846,601 |
| Regular Reserve | 0 |
| Other Reserves | 348,448 |
| Undivided Earnings | 1,258,566 |
| TOTAL EQUITY | 1,607,014 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,453,615 |
| INCOME & EXPENSE | |
| Loan Income | 118,962 |
| Investment Income | 217,643 |
| Other Income | 7,259 |
| Total Employee Compensation & Benefits | 123,194 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 99,952 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 4,815 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 144,703 |
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