MT LEBANON FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.mtlcu.org for more information.
Dec, 31, 2023 — MT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in pittsburgh, PA with 0 branch location and about $9.96 million in total assets. Opened 88 years ago in 1936, MT LEBANON FEDERAL CREDIT UNION has about 551 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MT LEBANON FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7 Horsman drive pittsburgh, PA 15228 |
| Phone: | (412) 344-2013 |
| Fax: | |
| Website: | https://www.mtlcu.org |
| Branches: | 0 branch locations |
| Members: | 551 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1057 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,956,989 |
| CEO/Manager: | Steven J Vais |
| Chairperson: | David E Black |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 441,810 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 857,466 |
| Unsecured Loans | 402,811 |
| Other Loans | 736,676 |
| TOTAL LOANS | 1,996,953 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,001 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 93,213 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,956,989 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -945 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 88,477 |
| Regular shares | 7,733,720 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 7,822,197 |
| TOTAL LIABILITIES | 7,821,252 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,135,737 |
| TOTAL EQUITY | 2,135,737 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,956,989 |
| INCOME & EXPENSE | |
| Loan Income | 69,493 |
| Investment Income | 89,266 |
| Other Income | 3,776 |
| Total Employee Compensation & Benefits | 58,426 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 81,112 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,248 |
| Cost of Funds | 28,149 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -6,931 |
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