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PACE RESOURCES FEDERAL CREDIT UNION

Dec, 31, 2023 — PACE RESOURCES FEDERAL CREDIT UNION is a federal credit union headquartered in YORK, PA with 2 branch locations and about $6.44 million in total assets. Opened 55 years ago in 1969, PACE RESOURCES FEDERAL CREDIT UNION has about 687 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PACE RESOURCES FEDERAL CREDIT UNION
Address:
(Main Office)
445 W PHILADELPHIA ST
YORK, PA 17401
Phone:(717) 852-1390
Fax:(717) 852-1391
Website:n/a
Branches:2 branch locations
Members:687
Credit Union Type:Federal Credit Union
Charter Number:19501
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$6,442,319
CEO/Manager:Andrea L Hackenberger
Chairperson:Brent Bakner

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 347,902
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 474,744
 Unsecured Loans 469,734
 Other Loans 1,105,579
 TOTAL LOANS 2,050,058
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,464
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 56,479
 All Other Assets 0
  TOTAL ASSETS 6,442,319
LIABILITIES & CAPITAL:  
 Dividends Payable 2,567
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 593
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 936,616
 Regular shares 4,305,580
 All Other Shares & Deposits 275,620
  TOTAL SHARES & DEPOSITS 5,517,817
  TOTAL LIABILITIES 5,520,977
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 921,342
  TOTAL EQUITY 921,342
  TOTAL LIABILITIES, SHARES, & EQUITY 6,442,319
INCOME & EXPENSE  
 Loan Income 116,989
 Investment Income 176,238
 Other Income 8,639
 Total Employee Compensation & Benefits 81,228
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 78,342
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,000
 Cost of Funds 8,197
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 150,264
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