Mar, 31, 2021 — NORTH PENN FEDERAL CREDIT UNION is a federal credit union headquartered in COLMAR, PA with 1 branch location and about $21.10 million in total assets. Opened 66 years ago in 1955, NORTH PENN FEDERAL CREDIT UNION has about 1,458 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTH PENN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 123 BETHLEHEM PIKE, P.O.BOX 527 COLMAR, PA 18915-9778 |
| Phone: | (215) 822-9119 |
| Fax: | (215) 997-1495 |
| Website: | http://northpennfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,458 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10720 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $21,100,730 |
| CEO/Manager: | Liesl M Stroup |
| Chairperson: | Theodore R Malecki |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,519,671 |
| TOTAL INVESTMENTS | 14,664,812 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 701,727 |
| Unsecured Loans | 534,779 |
| Other Loans | 2,311,445 |
| TOTAL LOANS | 3,547,951 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -28,734 |
| Land And Building | 170,129 |
| Other Fixed Assets | 16,195 |
| NCUSIF Deposit | 154,903 |
| All Other Assets | 55,803 |
| TOTAL ASSETS | 21,100,730 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,029 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,225,669 |
| Regular shares | 7,129,481 |
| All Other Shares & Deposits | 9,678,456 |
| TOTAL SHARES & DEPOSITS | 19,033,606 |
| TOTAL LIABILITIES | 19,057,635 |
| Regular Reserve | 350,000 |
| Other Reserves | 0 |
| Undivided Earnings | 1,693,095 |
| TOTAL EQUITY | 2,043,095 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 21,100,730 |
| INCOME & EXPENSE | |
| Loan Income | 63,045 |
| Investment Income | 41,972 |
| Other Income | 3,931 |
| Total Employee Compensation & Benefits | 50,402 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 49,907 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,500 |
| Cost of Funds | 17,396 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,337 |
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