Dec, 31, 2023 — AVH FEDERAL CREDIT UNION is a federal credit union headquartered in NATRONA HEIGHTS, PA with 1 branch location and about $4.52 million in total assets. Opened 46 years ago in 1978, AVH FEDERAL CREDIT UNION has about 591 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AVH FEDERAL CREDIT UNION |
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Address: (Main Office) | 1301 carlisle st NATRONA HEIGHTS, PA 15065 |
Phone: | (724) 224-5045 |
Fax: | (724) 226-7027 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 591 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 22953 |
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Membership Type: | Service - Health Care |
Corporate Credit Union: | No |
Year Opened: | 1978 |
Last Audited: | Nov 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,516,521 |
CEO/Manager: | MICHELLE SHOOP |
Chairperson: | BRENDA l LANG |
ASSETS: | $ Amount |
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Cash & Equivalents | 856,547 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 598,757 |
Other Loans | 811,650 |
TOTAL LOANS | 1,422,742 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,943 |
Land And Building | 0 |
Other Fixed Assets | 2 |
NCUSIF Deposit | 33,079 |
All Other Assets | 0 |
TOTAL ASSETS | 4,516,521 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,218 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 807 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,805,350 |
All Other Shares & Deposits | 157,798 |
TOTAL SHARES & DEPOSITS | 2,963,147 |
TOTAL LIABILITIES | 2,972,172 |
Regular Reserve | 0 |
Other Reserves | 137,420 |
Undivided Earnings | 1,406,929 |
TOTAL EQUITY | 1,544,349 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,516,521 |
INCOME & EXPENSE | |
Loan Income | 66,080 |
Investment Income | 112,765 |
Other Income | 115 |
Total Employee Compensation & Benefits | 75,556 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 45,214 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
Cost of Funds | 2,141 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 51,057 |
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