Dec, 31, 2023 — BEDCO HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in EVERETT, PA with 1 branch location and about $2.00 million in total assets. Opened 63 years ago in 1961, BEDCO HOSPITAL FEDERAL CREDIT UNION has about 619 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BEDCO HOSPITAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10455 Lincoln Hwy EVERETT, PA 15537 |
| Phone: | (814) 623-3544 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 619 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14347 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,001,807 |
| CEO/Manager: | Scott Ressler |
| Chairperson: | Alfred G Godissart |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 633,244 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 489,932 |
| Other Loans | 860,287 |
| TOTAL LOANS | 1,350,219 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,412 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 18,068 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,001,807 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 4,051 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,613 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,434,499 |
| All Other Shares & Deposits | 212,500 |
| TOTAL SHARES & DEPOSITS | 1,646,999 |
| TOTAL LIABILITIES | 1,656,663 |
| Regular Reserve | 0 |
| Other Reserves | 34,219 |
| Undivided Earnings | 310,925 |
| TOTAL EQUITY | 345,144 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,001,807 |
| INCOME & EXPENSE | |
| Loan Income | 121,475 |
| Investment Income | 29,061 |
| Other Income | 8,559 |
| Total Employee Compensation & Benefits | 94,400 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 39,591 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,456 |
| Cost of Funds | 8,522 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,355 |
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