Dec, 31, 2023 — SMMH FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 1 branch location and about $3.91 million in total assets. Opened 58 years ago in 1966, SMMH FEDERAL CREDIT UNION has about 861 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SMMH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 815 Freeport Rd PITTSBURGH, PA 15215-3301 |
| Phone: | (412) 784-4746 |
| Fax: | (412) 784-5297 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 861 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17371 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,908,460 |
| CEO/Manager: | Susan C Bonk |
| Chairperson: | Carl F Anderson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 180,252 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 231,830 |
| Other Loans | 1,074,416 |
| TOTAL LOANS | 1,306,246 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,255 |
| Land And Building | 0 |
| Other Fixed Assets | 3,758 |
| NCUSIF Deposit | 38,468 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,908,460 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -264 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,170,346 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,170,346 |
| TOTAL LIABILITIES | 3,170,082 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 738,378 |
| TOTAL EQUITY | 738,378 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,908,460 |
| INCOME & EXPENSE | |
| Loan Income | 56,996 |
| Investment Income | 59,955 |
| Other Income | 4,236 |
| Total Employee Compensation & Benefits | 110,243 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 40,013 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,000 |
| Cost of Funds | 947 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -46,016 |
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