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DERTOWN SCHOOL FEDERAL CREDIT UNION

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

Call Report

Financial Summary

» See also Statement of Financial Condition
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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