Dec, 31, 2020 — NORTH PENN FEDERAL CREDIT UNION is a federal credit union headquartered in COLMAR, PA with 1 branch location and about $19.88 million in total assets. Opened 66 years ago in 1955, NORTH PENN FEDERAL CREDIT UNION has about 1,465 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 |
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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: | 1,465 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10720 |
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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: | $19,878,280 |
CEO/Manager: | Liesl M Stroup |
Chairperson: | Theodore R Malecki |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,834,842 |
TOTAL INVESTMENTS | 14,078,812 |
Loans Held for Sale | 0 |
Real Estate Loans | 832,878 |
Unsecured Loans | 566,394 |
Other Loans | 2,193,743 |
TOTAL LOANS | 3,593,015 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,824 |
Land And Building | 171,301 |
Other Fixed Assets | 18,674 |
NCUSIF Deposit | 154,903 |
All Other Assets | 44,557 |
TOTAL ASSETS | 19,878,280 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 24,649 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,325,037 |
Regular shares | 6,224,292 |
All Other Shares & Deposits | 9,262,545 |
TOTAL SHARES & DEPOSITS | 17,811,874 |
TOTAL LIABILITIES | 17,836,523 |
Regular Reserve | 350,000 |
Other Reserves | 0 |
Undivided Earnings | 1,691,757 |
TOTAL EQUITY | 2,041,757 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,878,280 |
INCOME & EXPENSE | |
Loan Income | 247,841 |
Investment Income | 229,119 |
Other Income | 101,494 |
Total Employee Compensation & Benefits | 208,887 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 210,637 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 23,000 |
Cost of Funds | 84,075 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 51,855 |
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