CORRY AREA SCHOOLS FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.corryschoolsfcu.com for more information.
Dec, 31, 2023 — CORRY AREA SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in CORRY, PA with 1 branch location and about $6.99 million in total assets. Opened 61 years ago in 1963, CORRY AREA SCHOOLS FEDERAL CREDIT UNION has about 615 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CORRY AREA SCHOOLS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 22 SOUTH 1ST AVE CORRY, PA 16407 |
Phone: | (814) 665-5291 |
Fax: | (814) 665-5036 |
Website: | https://www.corryschoolsfcu.com |
Branches: | 1 branch locations |
Members: | 615 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15501 |
---|---|
Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,987,465 |
CEO/Manager: | Steven M Tessmer |
Chairperson: | Howard A Laird |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,435,173 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 193,305 |
Unsecured Loans | 267,598 |
Other Loans | 971,023 |
TOTAL LOANS | 1,431,926 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -27,531 |
Land And Building | 45,470 |
Other Fixed Assets | 5,366 |
NCUSIF Deposit | 54,569 |
All Other Assets | 0 |
TOTAL ASSETS | 6,987,465 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 261 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,278 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,592,159 |
Regular shares | 4,809,259 |
All Other Shares & Deposits | 121,657 |
TOTAL SHARES & DEPOSITS | 6,523,075 |
TOTAL LIABILITIES | 6,525,614 |
Regular Reserve | 0 |
Other Reserves | 113,319 |
Undivided Earnings | 348,532 |
TOTAL EQUITY | 461,851 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,987,465 |
INCOME & EXPENSE | |
Loan Income | 15,205 |
Investment Income | 8,572 |
Other Income | 1,410 |
Total Employee Compensation & Benefits | 11,224 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 22,334 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 261 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -8,632 |
↑ Back to Top |