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MT LEBANON FEDERAL CREDIT UNION

Jun, 30, 2021 — MT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $11.54 million in total assets. Opened 85 years ago in 1936, MT LEBANON FEDERAL CREDIT UNION has about 575 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MT LEBANON FEDERAL CREDIT UNION
Address:
(Main Office)
7 Horsman Dr
Pittsburgh, PA 15228
Phone:(412) 344-2013
Fax:(412) 344-2187
Website:http://www.mtlcu.org
Branches:1 branch locations
Members:575
Credit Union Type:Federal Credit Union
Charter Number:1057
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1936
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$11,538,979
CEO/Manager:Steven J Vais
Chairperson:David E Black

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 963,661
TOTAL INVESTMENTS 8,259,435
Loans Held for Sale 0
 
 Real Estate Loans 1,031,895
 Unsecured Loans 421,389
 Other Loans 763,070
 TOTAL LOANS 2,216,354
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,752
 Land And Building 0
 Other Fixed Assets 12
 NCUSIF Deposit 79,824
 All Other Assets 27,445
  TOTAL ASSETS 11,538,979
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 889
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 78,913
 Regular shares 9,334,311
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 9,413,224
  TOTAL LIABILITIES 9,414,113
 Regular Reserve 156,832
 Other Reserves 0
 Undivided Earnings 1,968,034
  TOTAL EQUITY 2,124,866
  TOTAL LIABILITIES, SHARES, & EQUITY 11,538,979
INCOME & EXPENSE  
 Loan Income 47,276
 Investment Income 60,040
 Other Income 831
 Total Employee Compensation & Benefits 37,866
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 29,030
 Non-operating Income & (Expense) 766
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 11,631
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 30,386
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