Dec, 31, 2023 — DERTOWN SCHOOL FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $11.02 million in total assets. Opened 69 years ago in 1955, DERTOWN SCHOOL FEDERAL CREDIT UNION has about 716 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DERTOWN SCHOOL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5012 State Route 982 APT 3 LATROBE, PA 15650-3404 |
| Phone: | (724) 331-2303 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 716 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10141 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,018,861 |
| CEO/Manager: | Jenny Perla |
| Chairperson: | William Wingard |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 312,759 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,928,311 |
| Unsecured Loans | 445,967 |
| Other Loans | 4,514,590 |
| TOTAL LOANS | 8,888,868 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -45,150 |
| Land And Building | 0 |
| Other Fixed Assets | 110 |
| NCUSIF Deposit | 74,642 |
| All Other Assets | 0 |
| TOTAL ASSETS | 11,018,861 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 47,574 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,340,458 |
| All Other Shares & Deposits | 2,224,316 |
| TOTAL SHARES & DEPOSITS | 7,564,774 |
| TOTAL LIABILITIES | 7,612,348 |
| Regular Reserve | 0 |
| Other Reserves | 161,118 |
| Undivided Earnings | 3,245,395 |
| TOTAL EQUITY | 3,406,513 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,018,861 |
| INCOME & EXPENSE | |
| Loan Income | 309,524 |
| Investment Income | 39,935 |
| Other Income | 192 |
| Total Employee Compensation & Benefits | 134,453 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 36,315 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 78,061 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 100,822 |
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» See also Statement of Financial Condition