Dec, 31, 2023 — FIRSTENERGY CHOICE FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, PA with 1 branch location and about $54.76 million in total assets. Opened 89 years ago in 1935, FIRSTENERGY CHOICE FEDERAL CREDIT UNION has about 3,732 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRSTENERGY CHOICE FEDERAL CREDIT UNION |
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Address: (Main Office) | 161 Old Route 30 GREENSBURG, PA 15601 |
Phone: | (724) 830-5984 |
Fax: | (724) 830-5129 |
Website: | https://www.fechoice.com |
Branches: | 1 branch locations |
Members: | 3,732 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 839 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $54,761,025 |
CEO/Manager: | Diane L Momeyer |
Chairperson: | Yvonne J Phillips |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,506,991 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,182,895 |
Unsecured Loans | 2,722,296 |
Other Loans | 11,058,863 |
TOTAL LOANS | 16,964,054 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -50,895 |
Land And Building | 0 |
Other Fixed Assets | 31,010 |
NCUSIF Deposit | 481,038 |
All Other Assets | 0 |
TOTAL ASSETS | 54,761,025 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 235,502 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,606,604 |
Regular shares | 36,339,393 |
All Other Shares & Deposits | 4,253,894 |
TOTAL SHARES & DEPOSITS | 46,199,892 |
TOTAL LIABILITIES | 46,435,394 |
Regular Reserve | 0 |
Other Reserves | 444,997 |
Undivided Earnings | 7,880,634 |
TOTAL EQUITY | 8,325,631 |
TOTAL LIABILITIES, SHARES, & EQUITY | 54,761,025 |
INCOME & EXPENSE | |
Loan Income | 696,450 |
Investment Income | 678,115 |
Other Income | 46,475 |
Total Employee Compensation & Benefits | 854,340 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 455,733 |
Non-operating Income & (Expense) | 13,279 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,400 |
Cost of Funds | 97,548 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 129,104 |
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