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CORNER POST FEDERAL CREDIT UNION

Mar, 31, 2021 — CORNER POST FEDERAL CREDIT UNION is a federal credit union headquartered in Wilkes Barre, PA with 1 branch location and about $102.87 million in total assets. Opened 85 years ago in 1936, CORNER POST FEDERAL CREDIT UNION has about 5,798 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 231386852
Name:CORNER POST FEDERAL CREDIT UNION
Address:
(Main Office)
566 South Main Street
Wilkes Barre, PA 18701
Phone:(570) 823-6151
Fax:(570) 824-2276
Website:http://www.cornerpostfcu.org
Branches:1 branch locations
Members:5,798
Credit Union Type:Federal Credit Union
Charter Number:1172
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$102,872,784
CEO/Manager:Carole R Fischer
Chairperson:Bill Kunec

Call Report

  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 22,072,099
TOTAL INVESTMENTS 60,073,466
Loans Held for Sale 0
 
 Real Estate Loans 4,192,464
 Unsecured Loans 5,574,974
 Other Loans 7,873,980
 TOTAL LOANS 17,641,418
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -98,741
 Land And Building 2,010,120
 Other Fixed Assets 37,504
 NCUSIF Deposit 792,190
 All Other Assets 344,728
  TOTAL ASSETS 102,872,784
LIABILITIES & CAPITAL:  
 Dividends Payable 11,303
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,722
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,389,292
 Regular shares 63,650,373
 All Other Shares & Deposits 11,047,492
  TOTAL SHARES & DEPOSITS 92,087,157
  TOTAL LIABILITIES 92,101,182
 Regular Reserve 1,926,919
 Other Reserves 0
 Undivided Earnings 8,844,683
  TOTAL EQUITY 10,771,602
  TOTAL LIABILITIES, SHARES, & EQUITY 102,872,784
INCOME & EXPENSE  
 Loan Income 217,646
 Investment Income 221,493
 Other Income 39,448
 Total Employee Compensation & Benefits 145,686
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 239,642
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -18,866
 Cost of Funds 27,420
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 180,969
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