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SWINDELL-DRESSLER CREDIT UNION

Dec, 31, 2023 — SWINDELL-DRESSLER CREDIT UNION is a federally insured state chartered credit union headquartered in PITTSBURGH, PA with 1 branch location and about $3.16 million in total assets. Opened 59 years ago in 1965, SWINDELL-DRESSLER CREDIT UNION has about 341 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SWINDELL-DRESSLER CREDIT UNION
Address:
(Main Office)
4712 Clairton Blvd
PITTSBURGH, PA 15236
Phone:(412) 281-6303
Fax:(412) 281-6309
Website:https://swindelldresslercu.com
Branches:1 branch locations
Members:341
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61035
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$3,161,732
CEO/Manager:DIANE M CAMEROTA
Chairperson:KENNETH ARTZBERGER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 63,681
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 313,448
 Other Loans 514,974
 TOTAL LOANS 828,422
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,376
 Land And Building 0
 Other Fixed Assets 7
 NCUSIF Deposit 33,203
 All Other Assets 0
  TOTAL ASSETS 3,161,732
LIABILITIES & CAPITAL:  
 Dividends Payable 1,263
 Notes & Interest Payable 66,000
 Accounts Payable & Other Liabilities -1,125
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 48,031
 Regular shares 1,783,810
 All Other Shares & Deposits 791,650
  TOTAL SHARES & DEPOSITS 2,623,491
  TOTAL LIABILITIES 2,689,629
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 472,103
  TOTAL EQUITY 472,103
  TOTAL LIABILITIES, SHARES, & EQUITY 3,161,732
INCOME & EXPENSE  
 Loan Income 49,481
 Investment Income 33,861
 Other Income 1,090
 Total Employee Compensation & Benefits 80,621
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 53,850
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 14,891
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -77,258
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