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HAZLETON SCHOOL EMPLOYEES CREDIT UNION

Dec, 31, 2023 — HAZLETON SCHOOL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in HAZLE TOWNSHIP, PA with 1 branch location and about $34.98 million in total assets. Opened 76 years ago in 1948, HAZLETON SCHOOL EMPLOYEES CREDIT UNION has about 1,484 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:HAZLETON SCHOOL EMPLOYEES CREDIT UNION
Address:
(Main Office)
1049 Wilbur Ct
HAZLE TOWNSHIP, PA 18202
Phone:(570) 459-1611
Fax:(570) 459-2701
Website:https://www.financial-net.com/hazle
Branches:1 branch locations
Members:1,484
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:64833
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1948
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$34,982,564
CEO/Manager:CLARENCE H JOHN
Chairperson:STANLEY ROSLEVEGE

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,865,292
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,774,953
 Unsecured Loans 703,101
 Other Loans 2,884,450
 TOTAL LOANS 11,362,504
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -181,504
 Land And Building 27,252
 Other Fixed Assets 0
 NCUSIF Deposit 322,583
 All Other Assets 0
  TOTAL ASSETS 34,982,564
LIABILITIES & CAPITAL:  
 Dividends Payable 47,330
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,004,787
 Regular shares 21,970,567
 All Other Shares & Deposits 3,863,244
  TOTAL SHARES & DEPOSITS 28,838,598
  TOTAL LIABILITIES 28,885,928
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 6,096,636
  TOTAL EQUITY 6,096,636
  TOTAL LIABILITIES, SHARES, & EQUITY 34,982,564
INCOME & EXPENSE  
 Loan Income 456,900
 Investment Income 654,258
 Other Income 40,206
 Total Employee Compensation & Benefits 158,355
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 171,863
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,000
 Cost of Funds 154,441
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 657,532
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