Dec, 31, 2023 — SAINT NICHOLAS FEDERAL CREDIT UNION is a federal credit union headquartered in WILKES BARRE, PA with 1 branch location and about $4.17 million in total assets. Opened 86 years ago in 1938, SAINT NICHOLAS FEDERAL CREDIT UNION has about 995 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAINT NICHOLAS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 254 S Washington St WILKES BARRE, PA 18701 |
| Phone: | (570) 825-2640 |
| Fax: | (570) 970-2895 |
| Website: | https://www.snfcu.org |
| Branches: | 1 branch locations |
| Members: | 995 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2583 |
|---|---|
| Membership Type: | Associational - Religious, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,166,061 |
| CEO/Manager: | William Brennan |
| Chairperson: | Patricia Fagula |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 112,306 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,038 |
| Unsecured Loans | 656,670 |
| Other Loans | 1,841,585 |
| TOTAL LOANS | 2,556,293 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,651 |
| Land And Building | 0 |
| Other Fixed Assets | 12,532 |
| NCUSIF Deposit | 37,147 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,166,061 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,453 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,642,205 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,642,205 |
| TOTAL LIABILITIES | 3,645,658 |
| Regular Reserve | 0 |
| Other Reserves | 237,662 |
| Undivided Earnings | 282,741 |
| TOTAL EQUITY | 520,403 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,166,061 |
| INCOME & EXPENSE | |
| Loan Income | 141,110 |
| Investment Income | 25,887 |
| Other Income | 12,275 |
| Total Employee Compensation & Benefits | 89,754 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 70,356 |
| Non-operating Income & (Expense) | 5,859 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,600 |
| Cost of Funds | 7,090 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,331 |
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