Dec, 31, 2023 — CROSS VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in WILKES BARRE, PA with 6 branch locations and about $230.03 million in total assets. Opened 55 years ago in 1969, CROSS VALLEY FEDERAL CREDIT UNION has about 17,703 members and employs 54 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CROSS VALLEY FEDERAL CREDIT UNION |
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Address: (Main Office) | 640 Baltimore Dr WILKES BARRE, PA 18702-7943 |
Phone: | (800) 548-2849 |
Fax: | (570) 208-4592 |
Website: | https://www.crossvalleyfcu.org |
Branches: | 6 branch locations |
Members: | 17,703 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19228 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $230,030,388 |
CEO/Manager: | Traci Donahue |
Chairperson: | Richard J Shields |
ASSETS: | $ Amount |
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Cash & Equivalents | 32,190,945 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 38,462,533 |
Unsecured Loans | 6,287,510 |
Other Loans | 66,246,848 |
TOTAL LOANS | 110,996,892 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -513,022 |
Land And Building | 5,102,149 |
Other Fixed Assets | 1,031,369 |
NCUSIF Deposit | 1,984,656 |
All Other Assets | 0 |
TOTAL ASSETS | 230,030,388 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 852,317 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 46,679,833 |
Regular shares | 111,942,240 |
All Other Shares & Deposits | 56,787,013 |
TOTAL SHARES & DEPOSITS | 215,409,086 |
TOTAL LIABILITIES | 216,261,403 |
Regular Reserve | 0 |
Other Reserves | -4,596,655 |
Undivided Earnings | 18,365,640 |
TOTAL EQUITY | 13,768,985 |
TOTAL LIABILITIES, SHARES, & EQUITY | 230,030,388 |
INCOME & EXPENSE | |
Loan Income | 5,101,654 |
Investment Income | 1,551,346 |
Other Income | 1,272,887 |
Total Employee Compensation & Benefits | 3,154,619 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 4,411,305 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 82,020 |
Cost of Funds | 1,030,898 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 833,439 |
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