Credit Unions Near Me
National Credit Union Service Organization

CLARION FEDERAL CREDIT UNION

Dec, 31, 2023 — CLARION FEDERAL CREDIT UNION is a federal credit union headquartered in CLARION, PA with 4 branch locations and about $194.06 million in total assets. Opened 84 years ago in 1940, CLARION FEDERAL CREDIT UNION has about 14,902 members and employs 45 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 243380192
Name:CLARION FEDERAL CREDIT UNION
Address:
(Main Office)
144 Holiday Inn Rd
CLARION, PA 16214
Phone:(814) 226-5032
Fax:(814) 226-9033
Website:https://www.toptierfcu.org
Branches:4 branch locations
Members:14,902
Credit Union Type:Federal Credit Union
Charter Number:3655
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$194,061,836
CEO/Manager:Mark A Lauer
Chairperson:Deborah Boyles

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,889,775
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 87,090,885
 Unsecured Loans 3,134,577
 Other Loans 62,315,148
 TOTAL LOANS 154,084,086
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,308,145
 Land And Building 5,398,225
 Other Fixed Assets 247,069
 NCUSIF Deposit 1,612,272
 All Other Assets 0
  TOTAL ASSETS 194,061,836
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,117,695
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 28,041,369
 Regular shares 65,179,624
 All Other Shares & Deposits 79,817,652
  TOTAL SHARES & DEPOSITS 173,038,645
  TOTAL LIABILITIES 174,156,340
 Regular Reserve 0
 Other Reserves -241,982
 Undivided Earnings 20,147,478
  TOTAL EQUITY 19,905,496
  TOTAL LIABILITIES, SHARES, & EQUITY 194,061,836
INCOME & EXPENSE  
 Loan Income 6,628,677
 Investment Income 979,478
 Other Income 859,059
 Total Employee Compensation & Benefits 2,730,359
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,812,572
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 210,000
 Cost of Funds 2,577,317
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,195,746
↑ Back to Top

Other Credit Unions

KASE FEDERAL CREDIT UNION
110 Grant Ave
VANDERGRIFT, PA 15690
K G C FEDERAL CREDIT UNION
778 BEATTY AVE
KNOX, PA 16232
I. C. FEDERAL CREDIT UNION
1002 Philadelphia St
INDIANA, PA 15701-1676
ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION
201 N McKean St
KITTANNING, PA 16201-1300
MOONLIGHT CREDIT UNION
101 Deer Park rd
WORTHINGTON, PA 16262
FRANKLIN-OIL REGION CREDIT UNION
101 N 13th ST
FRANKLIN, PA 16323-2343
COMMUNITY CONNECT FEDERAL CREDIT UNION
1050 E Spring St
TITUSVILLE, PA 16354-7826
BUTLER COUNTY TEACHERS FEDERAL CREDIT UNION
112 Campus Ln
BUTLER, PA 16001
GALAXY FEDERAL CREDIT UNION
1313 Liberty St
FRANKLIN, PA 16323
ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION
414 Ford St
FORD CITY, PA 16226