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 |
| 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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