Dec, 31, 2020 — MT LEBANON FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $10.99 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 |
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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 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,985,899 |
CEO/Manager: | Steven J Vais |
Chairperson: | David E Black |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,071,637 |
TOTAL INVESTMENTS | 7,500,151 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,136,740 |
Unsecured Loans | 408,338 |
Other Loans | 766,739 |
TOTAL LOANS | 2,311,817 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,752 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 72,828 |
All Other Assets | 37,218 |
TOTAL ASSETS | 10,985,899 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,590 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 82,403 |
Regular shares | 8,805,896 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 8,888,299 |
TOTAL LIABILITIES | 8,889,889 |
Regular Reserve | 156,832 |
Other Reserves | 0 |
Undivided Earnings | 1,939,178 |
TOTAL EQUITY | 2,096,010 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,985,899 |
INCOME & EXPENSE | |
Loan Income | 102,737 |
Investment Income | 158,301 |
Other Income | 1,504 |
Total Employee Compensation & Benefits | 76,416 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 61,381 |
Non-operating Income & (Expense) | -3,609 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,611 |
Cost of Funds | 70,261 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 52,486 |
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