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MICHAEL BAKER INTERNATIONAL FEDERAL CREDIT UNION

Dec, 31, 2023 — MICHAEL BAKER INTERNATIONAL FEDERAL CREDIT UNION is a federal credit union headquartered in MOON TOWNSHIP, PA with 1 branch location and about $7.86 million in total assets. Opened 70 years ago in 1954, MICHAEL BAKER INTERNATIONAL FEDERAL CREDIT UNION has about 1,429 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MICHAEL BAKER INTERNATIONAL FEDERAL CREDIT UNION
Address:
(Main Office)
100 AIRSIDE DRIVE
MOON TOWNSHIP, PA 15108
Phone:(412) 269-2525
Fax:(412) 375-3976
Website:https://www.bakercu.com
Branches:1 branch locations
Members:1,429
Credit Union Type:Federal Credit Union
Charter Number:9147
Membership Type:Service - Finance, Insurance, Real Estate, Trade
Corporate Credit Union:No
Year Opened:1954
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$7,861,828
CEO/Manager:Julie M French
Chairperson:Ryan S Suchanec

Call Report

  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,574,210
TOTAL INVESTMENTS 327,693
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 729,339
 Other Loans 3,161,386
 TOTAL LOANS 3,890,725
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,171
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 63,648
 All Other Assets 7,723
  TOTAL ASSETS 7,861,828
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 112,580
 Regular shares 6,134,174
 All Other Shares & Deposits 172,002
  TOTAL SHARES & DEPOSITS 6,418,756
  TOTAL LIABILITIES 6,418,756
 Regular Reserve 120,051
 Other Reserves 12,769
 Undivided Earnings 1,310,252
  TOTAL EQUITY 1,443,072
  TOTAL LIABILITIES, SHARES, & EQUITY 7,861,828
INCOME & EXPENSE  
 Loan Income 145,995
 Investment Income 16,243
 Other Income 17,721
 Total Employee Compensation & Benefits 119,542
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 40,516
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 28,000
 Cost of Funds 11,867
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -19,966
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