Dec, 31, 2023 — TRI STATE RAIL FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 3 branch locations and about $20.89 million in total assets. Opened 75 years ago in 1949, TRI STATE RAIL FEDERAL CREDIT UNION has about 2,478 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRI STATE RAIL FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 110 W 13th St ERIE, PA 16501 |
Phone: | (814) 455-0092 |
Fax: | (814) 454-5855 |
Website: | https://www.tristaterailfcu.com |
Branches: | 3 branch locations |
Members: | 2,478 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 6070 |
---|---|
Membership Type: | Multiple common bond - Primarily transportation |
Corporate Credit Union: | No |
Year Opened: | 1949 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,890,225 |
CEO/Manager: | Steven M Tessmer |
Chairperson: | Bart J Downing |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,730,784 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,123,719 |
Unsecured Loans | 1,123,803 |
Other Loans | 5,454,728 |
TOTAL LOANS | 7,702,248 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -52,475 |
Land And Building | 218,303 |
Other Fixed Assets | 30,049 |
NCUSIF Deposit | 184,910 |
All Other Assets | 11,500 |
TOTAL ASSETS | 20,890,225 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 9,330 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 35,900 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,978,676 |
Regular shares | 14,849,980 |
All Other Shares & Deposits | 394,209 |
TOTAL SHARES & DEPOSITS | 17,222,865 |
TOTAL LIABILITIES | 17,268,095 |
Regular Reserve | 0 |
Other Reserves | 1,949,114 |
Undivided Earnings | 1,673,016 |
TOTAL EQUITY | 3,622,130 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,890,225 |
INCOME & EXPENSE | |
Loan Income | 326,497 |
Investment Income | 256,010 |
Other Income | 11,806 |
Total Employee Compensation & Benefits | 285,559 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 243,750 |
Non-operating Income & (Expense) | 20,207 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,000 |
Cost of Funds | 24,828 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 49,639 |
↑ Back to Top |