Dec, 31, 2023 — YOUR CHOICE FEDERAL CREDIT UNION is a federal credit union headquartered in ALTOONA, PA with 1 branch location and about $13.08 million in total assets. Opened 67 years ago in 1957, YOUR CHOICE FEDERAL CREDIT UNION has about 1,567 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: | YOUR CHOICE FEDERAL CREDIT UNION |
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Address: (Main Office) | 109 Keystone St ALTOONA, PA 16602 |
Phone: | (814) 946-1294 |
Fax: | (814) 946-4084 |
Website: | https://www.yourchoicefcu.com |
Branches: | 1 branch locations |
Members: | 1,567 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11972 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,078,544 |
CEO/Manager: | Autumn M Petta |
Chairperson: | Brian Bartley |
ASSETS: | $ Amount |
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Cash & Equivalents | 655,457 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 749,783 |
Unsecured Loans | 654,855 |
Other Loans | 1,990,317 |
TOTAL LOANS | 3,394,955 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,437 |
Land And Building | 98,224 |
Other Fixed Assets | 50,754 |
NCUSIF Deposit | 126,726 |
All Other Assets | 0 |
TOTAL ASSETS | 13,078,544 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 5,940 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,668,788 |
Regular shares | 8,768,184 |
All Other Shares & Deposits | 252,476 |
TOTAL SHARES & DEPOSITS | 11,689,449 |
TOTAL LIABILITIES | 11,695,389 |
Regular Reserve | 0 |
Other Reserves | -14,309 |
Undivided Earnings | 1,397,464 |
TOTAL EQUITY | 1,383,155 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,078,544 |
INCOME & EXPENSE | |
Loan Income | 143,075 |
Investment Income | 230,696 |
Other Income | 139,495 |
Total Employee Compensation & Benefits | 192,280 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 230,890 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 16,019 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 74,077 |
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» See also Statement of Financial Condition