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National Credit Union Service Organization

SPRINGDALE P. P. G. FEDERAL CREDIT UNION

Dec, 31, 2023 — SPRINGDALE P. P. G. FEDERAL CREDIT UNION is a federal credit union headquartered in SPRINGDALE, PA with 2 branch locations and about $824,440 in total assets. Opened 65 years ago in 1959, SPRINGDALE P. P. G. FEDERAL CREDIT UNION has about 210 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SPRINGDALE P. P. G. FEDERAL CREDIT UNION
Address:
(Main Office)
125 Colfax St
SPRINGDALE, PA 15144
Phone:(724) 274-3969
Fax:
Website:n/a
Branches:2 branch locations
Members:210
Credit Union Type:Federal Credit Union
Charter Number:13046
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$824,440
CEO/Manager:Sean O'Leary
Chairperson:Audrey Williams

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 205,333
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 95,582
 Other Loans 138,564
 TOTAL LOANS 234,146
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,347
 Land And Building 0
 Other Fixed Assets 2
 NCUSIF Deposit 7,071
 All Other Assets 0
  TOTAL ASSETS 824,440
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 591,402
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 591,402
  TOTAL LIABILITIES 591,410
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 233,030
  TOTAL EQUITY 233,030
  TOTAL LIABILITIES, SHARES, & EQUITY 824,440
INCOME & EXPENSE  
 Loan Income 17,738
 Investment Income 11,546
 Other Income 0
 Total Employee Compensation & Benefits 295
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 40,791
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 666
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -12,468
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