Dec, 31, 2023 — E R R L FEDERAL CREDIT UNION is a federal credit union headquartered in WYNDMOOR, PA with 0 branch location and about $1.21 million in total assets. Opened 82 years ago in 1942, E R R L FEDERAL CREDIT UNION has about 229 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | E R R L FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 600 E Mermaid Ln WYNDMOOR, PA 19038 |
| Phone: | (215) 836-5596 |
| Fax: | (215) 836-7521 |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 229 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4871 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1942 |
| Last Audited: | Feb 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,212,455 |
| CEO/Manager: | KAREN CALLOW |
| Chairperson: | Bassam Annous |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 143,297 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 129,158 |
| Other Loans | 335,110 |
| TOTAL LOANS | 464,268 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,662 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 11,180 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,212,455 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 782 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,054,349 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,054,349 |
| TOTAL LIABILITIES | 1,055,131 |
| Regular Reserve | 0 |
| Other Reserves | 38,272 |
| Undivided Earnings | 119,052 |
| TOTAL EQUITY | 157,324 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,212,455 |
| INCOME & EXPENSE | |
| Loan Income | 24,064 |
| Investment Income | 21,748 |
| Other Income | 3 |
| Total Employee Compensation & Benefits | 17,562 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 11,459 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 112 |
| Cost of Funds | 13,347 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 4,488 |
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