Mar, 31, 2021 — MT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $11.43 million in total assets. Opened 85 years ago in 1936, MT LEBANON FEDERAL CREDIT UNION has about 583 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: | 583 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1057 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $11,431,755 |
| CEO/Manager: | Steven J Vais |
| Chairperson: | David E Black |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,178,867 |
| TOTAL INVESTMENTS | 7,839,912 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,118,554 |
| Unsecured Loans | 439,733 |
| Other Loans | 756,789 |
| TOTAL LOANS | 2,315,076 |
| (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 | 72,828 |
| All Other Assets | 32,812 |
| TOTAL ASSETS | 11,431,755 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,086 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 70,992 |
| Regular shares | 9,252,159 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 9,323,151 |
| TOTAL LIABILITIES | 9,325,237 |
| Regular Reserve | 156,832 |
| Other Reserves | 0 |
| Undivided Earnings | 1,949,686 |
| TOTAL EQUITY | 2,106,518 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 11,431,755 |
| INCOME & EXPENSE | |
| Loan Income | 17,752 |
| Investment Income | 31,402 |
| Other Income | 493 |
| Total Employee Compensation & Benefits | 18,703 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 14,391 |
| Non-operating Income & (Expense) | -314 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 5,732 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,507 |
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