Dec, 31, 2021 — PACE FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $10.04 million in total assets. Opened 66 years ago in 1956, PACE FEDERAL CREDIT UNION has about 1,236 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: | PACE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 502 8th St HUNTINGTON, WV 25701 |
| Phone: | (304) 399-5230 |
| Fax: | (304) 399-5773 |
| Website: | http://www.pacefederal.com |
| Branches: | 1 branch locations |
| Members: | 1,236 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11323 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $10,035,316 |
| CEO/Manager: | Lisa Saunders |
| Chairperson: | Stephen Harris |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,438,637 |
| TOTAL INVESTMENTS | 3,304,705 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 966,044 |
| Other Loans | 3,261,319 |
| TOTAL LOANS | 4,227,363 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,764 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 78,615 |
| All Other Assets | 10,760 |
| TOTAL ASSETS | 10,035,316 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,220 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 69,285 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,337,179 |
| Regular shares | 6,958,917 |
| All Other Shares & Deposits | 568,125 |
| TOTAL SHARES & DEPOSITS | 8,864,221 |
| TOTAL LIABILITIES | 8,940,726 |
| Regular Reserve | 492,622 |
| Other Reserves | 0 |
| Undivided Earnings | 601,968 |
| TOTAL EQUITY | 1,094,590 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,035,316 |
| INCOME & EXPENSE | |
| Loan Income | 216,645 |
| Investment Income | 47,169 |
| Other Income | 60,356 |
| Total Employee Compensation & Benefits | 167,292 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 188,705 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 18,700 |
| Cost of Funds | 19,866 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -70,393 |
| ↑ Back to Top | |