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PARK VIEW FEDERAL CREDIT UNION

Dec, 31, 2023 — PARK VIEW FEDERAL CREDIT UNION is a federal credit union headquartered in HARRISONBURG, VA with 6 branch locations and about $372.10 million in total assets. Opened 55 years ago in 1969, PARK VIEW FEDERAL CREDIT UNION has about 13,237 members and employs 87 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 251480806
Name:PARK VIEW FEDERAL CREDIT UNION
Address:
(Main Office)
1675 Virginia Ave
HARRISONBURG, VA 22802
Phone:(540) 434-6444
Fax:(540) 433-0108
Website:https://www.pvfcu.org
Branches:6 branch locations
Members:13,237
Credit Union Type:Federal Credit Union
Charter Number:19541
Membership Type:Multiple common bond - Primarily faith based
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$372,100,951
CEO/Manager:John D Beiler
Chairperson:Jill Hostetter

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 15,080,097
TOTAL INVESTMENTS 0
Loans Held for Sale 692,765
 
 Real Estate Loans 272,043,370
 Unsecured Loans 8,799,084
 Other Loans 36,985,721
 TOTAL LOANS 318,813,066
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,058,729
 Land And Building 4,620,178
 Other Fixed Assets 418,645
 NCUSIF Deposit 2,629,260
 All Other Assets 59,611
  TOTAL ASSETS 372,100,951
LIABILITIES & CAPITAL:  
 Dividends Payable 290
 Notes & Interest Payable 35,300,000
 Accounts Payable & Other Liabilities 3,245,941
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 3,000,000
 Share Drafts 98,376,802
 Regular shares 80,040,688
 All Other Shares & Deposits 122,865,447
  TOTAL SHARES & DEPOSITS 301,282,937
  TOTAL LIABILITIES 342,829,168
 Regular Reserve 0
 Other Reserves -752,691
 Undivided Earnings 30,024,474
  TOTAL EQUITY 29,271,783
  TOTAL LIABILITIES, SHARES, & EQUITY 372,100,951
INCOME & EXPENSE  
 Loan Income 15,156,776
 Investment Income 622,820
 Other Income 962,001
 Total Employee Compensation & Benefits 7,619,963
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,970,327
 Non-operating Income & (Expense) -6,275
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 163,313
 Cost of Funds 5,139,040
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,252,601
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