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.
Name: | PARK VIEW FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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