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LOCAL 520 U A FEDERAL CREDIT UNION

Dec, 31, 2023 — LOCAL 520 U A FEDERAL CREDIT UNION is a federal credit union headquartered in HARRISBURG, PA with 1 branch location and about $7.76 million in total assets. Opened 63 years ago in 1961, LOCAL 520 U A FEDERAL CREDIT UNION has about 1,586 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 520 U A FEDERAL CREDIT UNION
Address:
(Main Office)
7193 Jonestown Rd
HARRISBURG, PA 17112-3649
Phone:(717) 545-9329
Fax:(717) 541-0437
Website:https://local520fcu.org
Branches:1 branch locations
Members:1,586
Credit Union Type:Federal Credit Union
Charter Number:14283
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:May 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$7,760,726
CEO/Manager:Jenna L Stabley
Chairperson:Nathan Beck

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,057,167
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 209,257
 Unsecured Loans 1,013,079
 Other Loans 3,356,232
 TOTAL LOANS 4,578,568
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -12,493
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 66,049
 All Other Assets 0
  TOTAL ASSETS 7,760,726
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,993
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 73,126
 Regular shares 5,934,200
 All Other Shares & Deposits 366,800
  TOTAL SHARES & DEPOSITS 6,374,126
  TOTAL LIABILITIES 6,382,119
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,378,607
  TOTAL EQUITY 1,378,607
  TOTAL LIABILITIES, SHARES, & EQUITY 7,760,726
INCOME & EXPENSE  
 Loan Income 187,445
 Investment Income 165,724
 Other Income 27,540
 Total Employee Compensation & Benefits 139,177
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 178,246
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 9,175
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 60,711
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