Credit Unions Near Me
National Credit Union Service Organization

LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Erie, PA with 1 branch location and about $19.88 million in total assets. Opened 85 years ago in 1936, LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION has about 1,099 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCOMOTIVE & CONTROL EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
1286 E 38th St
Erie, PA 16504-3039
Phone:(814) 825-6763
Fax:(814) 825-4141
Website:http://locomotivecontrolefcu.com
Branches:1 branch locations
Members:1,099
Credit Union Type:Federal Credit Union
Charter Number:1111
Membership Type:Multiple common bond - Primarily transportation equipment
Corporate Credit Union:No
Year Opened:1936
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$19,880,174
CEO/Manager:DEBRA A CRANE
Chairperson:Theodore I Freeman

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 926,563
TOTAL INVESTMENTS 13,402,280
Loans Held for Sale 0
 
 Real Estate Loans 2,984,676
 Unsecured Loans 506,641
 Other Loans 940,877
 TOTAL LOANS 4,432,194
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -33,959
 Land And Building 8,382
 Other Fixed Assets 18,975
 NCUSIF Deposit 145,735
 All Other Assets 980,004
  TOTAL ASSETS 19,880,174
LIABILITIES & CAPITAL:  
 Dividends Payable 27,851
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 44,857
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 974,758
 Regular shares 11,596,224
 All Other Shares & Deposits 3,183,929
  TOTAL SHARES & DEPOSITS 15,754,911
  TOTAL LIABILITIES 15,827,619
 Regular Reserve 300,000
 Other Reserves 92
 Undivided Earnings 3,752,463
  TOTAL EQUITY 4,052,555
  TOTAL LIABILITIES, SHARES, & EQUITY 19,880,174
INCOME & EXPENSE  
 Loan Income 99,732
 Investment Income 84,857
 Other Income 3,903
 Total Employee Compensation & Benefits 77,857
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 76,629
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 20,733
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,320
↑ Back to Top

Other Credit Unions

ERIE CITY EMPLOYEES FEDERAL CREDIT UNION
5 E 34th St
ERIE, PA 16504-1507
ERIE POLICE FEDERAL CREDIT UNION
626 STATE ST STE 112, STE 112
ERIE, PA 16501-1128
ERIE TIMES FEDERAL CREDIT UNION
335 METZ ST
ERIE, PA 16508-2723
PHB EMPLOYEES FEDERAL CREDIT UNION
7773 West Ridge Road, Box 241
FAIRVIEW, PA 16415
LAKE ERIE COMMUNITY FEDERAL CREDIT UNION
721 Rice Ave
GIRARD, PA 16417-1122
TRI STATE RAIL FEDERAL CREDIT UNION
110 W 13TH ST
ERIE, PA 16501
SAINT VINCENT ERIE FEDERAL CREDIT UNION
2314 Sassafras St Ste 100
ERIE, PA 16502
I B E W LOCAL 56 FEDERAL CREDIT UNION
962 WEST 20TH STREET
ERIE, PA 16502
ERIE FIREFIGHTERS FEDERAL CREDIT UNION
3204 Maple St
ERIE, PA 16508-2611
NORTH EAST WELCH FEDERAL CREDIT UNION
PO BOX 597
NORTH EAST, PA 16428-0597