Sep, 30, 2025 — ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION is a federal credit union headquartered in FORD CITY, PA with 2 branch locations and about $75.68 million in total assets. Opened 68 years ago in 1958, ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION has about 7,982 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 414 Ford St FORD CITY, PA 16226 |
| Phone: | (724) 763-1172 |
| Fax: | (724) 763-9375 |
| Website: | https://www.myaafcu.com |
| Branches: | 2 branch locations |
| Members: | 7,982 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12438 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $75,682,304 |
| CEO/Manager: | Lisa M Haverkost |
| Chairperson: | Peter Hess |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,558,801 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,280,487 |
| Unsecured Loans | 6,365,088 |
| Other Loans | 19,452,239 |
| TOTAL LOANS | 38,097,814 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -205,190 |
| Land And Building | 2,238,748 |
| Other Fixed Assets | 110,852 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 633,272 |
| All Other Assets | 0 |
| TOTAL ASSETS | 75,682,304 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 689,834 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,562,671 |
| Regular shares | 53,780,111 |
| All Other Shares & Deposits | 1,710,255 |
| TOTAL SHARES & DEPOSITS | 65,053,037 |
| TOTAL LIABILITIES | 65,742,871 |
| Regular Reserve | 0 |
| Other Reserves | 1,405,000 |
| Undivided Earnings | 8,534,433 |
| TOTAL EQUITY | 9,939,433 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 75,682,304 |
| INCOME & EXPENSE | |
| Loan Income | 1,579,063 |
| Investment Income | 1,145,653 |
| Other Income | 284,014 |
| Total Employee Compensation & Benefits | 842,299 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,102,849 |
| Non-operating Income & (Expense) | 4,100 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 51,848 |
| Cost of Funds | 682,272 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 673,597 |
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