Dec, 31, 2023 — JESSOP COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, PA with 1 branch location and about $32.97 million in total assets. Opened 72 years ago in 1952, JESSOP COMMUNITY FEDERAL CREDIT UNION has about 2,902 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JESSOP COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1100 Green St WASHINGTON, PA 15301-2338 |
| Phone: | (724) 229-0720 |
| Fax: | (724) 222-4458 |
| Website: | https://www.jessopfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,902 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7724 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $32,969,243 |
| CEO/Manager: | Holly L Ashmore |
| Chairperson: | Jeanne Terrill |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,340,334 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,529,887 |
| Unsecured Loans | 784,411 |
| Other Loans | 9,154,880 |
| TOTAL LOANS | 15,469,178 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -99,284 |
| Land And Building | 494,135 |
| Other Fixed Assets | 7,936 |
| NCUSIF Deposit | 320,232 |
| All Other Assets | 0 |
| TOTAL ASSETS | 32,969,243 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 75,342 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,171,639 |
| Regular shares | 21,539,576 |
| All Other Shares & Deposits | 1,790,025 |
| TOTAL SHARES & DEPOSITS | 29,501,240 |
| TOTAL LIABILITIES | 29,576,582 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,392,661 |
| TOTAL EQUITY | 3,392,661 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 32,969,243 |
| INCOME & EXPENSE | |
| Loan Income | 546,118 |
| Investment Income | 546,419 |
| Other Income | 80,910 |
| Total Employee Compensation & Benefits | 347,141 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 485,446 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,161 |
| Cost of Funds | 21,395 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 405,008 |
| ↑ Back to Top | |