Dec, 31, 2023 — EQT FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 1 branch location and about $33.82 million in total assets. Opened 81 years ago in 1943, EQT FEDERAL CREDIT UNION has about 977 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | EQT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 603 Stanwix St Ste 1776 PITTSBURGH, PA 15222-1421 |
| Phone: | (412) 395-3636 |
| Fax: | (412) 395-3637 |
| Website: | https://www.eqtfcu.org |
| Branches: | 1 branch locations |
| Members: | 977 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5028 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1943 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $33,824,261 |
| CEO/Manager: | Michael D Briggs |
| Chairperson: | Stephen F Piskurich |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 609,541 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 576,458 |
| Other Loans | 1,144,718 |
| TOTAL LOANS | 1,721,176 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -29,822 |
| Land And Building | 0 |
| Other Fixed Assets | 12,853 |
| NCUSIF Deposit | 386,028 |
| All Other Assets | 0 |
| TOTAL ASSETS | 33,824,261 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 13,074 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 235,867 |
| Regular shares | 28,777,031 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 29,012,898 |
| TOTAL LIABILITIES | 29,025,972 |
| Regular Reserve | 0 |
| Other Reserves | 141,163 |
| Undivided Earnings | 4,657,126 |
| TOTAL EQUITY | 4,798,289 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 33,824,261 |
| INCOME & EXPENSE | |
| Loan Income | 87,556 |
| Investment Income | 638,963 |
| Other Income | 323 |
| Total Employee Compensation & Benefits | 177,699 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 150,371 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 34,937 |
| Cost of Funds | 333,952 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,883 |
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