Credit Unions Near Me
National Credit Union Service Organization

ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION

Mar, 31, 2021 — ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION is a federal credit union headquartered in FORD CITY, PA with 2 branch locations and about $70.77 million in total assets. Opened 63 years ago in 1958, ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION has about 8,187 members and employs 20 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)
PO BOX 191
FORD CITY, PA 16226
Phone:(724) 763-1172
Fax:(724) 763-9375
Website:http://www.aafcu4u.coop
Branches:2 branch locations
Members:8,187
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$70,768,001
CEO/Manager:Allan D King
Chairperson:Peter Hess

Call Report

  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 17,942,930
TOTAL INVESTMENTS 25,436,387
Loans Held for Sale 0
 
 Real Estate Loans 7,149,500
 Unsecured Loans 5,388,740
 Other Loans 13,564,025
 TOTAL LOANS 26,102,265
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -109,613
 Land And Building 523,854
 Other Fixed Assets 90,315
 NCUSIF Deposit 556,344
 All Other Assets 225,519
  TOTAL ASSETS 70,768,001
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 793,059
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,599,577
 Regular shares 49,847,378
 All Other Shares & Deposits 2,721,692
  TOTAL SHARES & DEPOSITS 62,168,647
  TOTAL LIABILITIES 62,961,706
 Regular Reserve 1,405,000
 Other Reserves 0
 Undivided Earnings 6,401,295
  TOTAL EQUITY 7,806,295
  TOTAL LIABILITIES, SHARES, & EQUITY 70,768,001
INCOME & EXPENSE  
 Loan Income 334,264
 Investment Income 89,925
 Other Income 60,371
 Total Employee Compensation & Benefits 265,216
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 238,190
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,413
 Cost of Funds 23,432
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 33,154
↑ Back to Top

Other Credit Unions

KASE FEDERAL CREDIT UNION
110 Grant Ave
VANDERGRIFT, PA 15690
BACHARACH EMPLOYEES FEDERAL CREDIT UNION
621 Hunt Valley Cir
NEW KENSINGTON, PA 15068-7074
VALLEY WIDE OF PA FEDERAL CREDIT UNION
209 5TH AVE, STE B
TARENTUM, PA 15084-1710
P.N.G. NORTHERN FEDERAL CREDIT UNION
1140 Lincoln St
VANDERGRIFT, PA 15690-1020
AVH FEDERAL CREDIT UNION
1301 carlisle st
NATRONA HEIGHTS, PA 15065
NEW KENSINGTON MUNICIPAL FEDERAL CREDIT UNION
301 11th St
NEW KENSINGTON, PA 15068-6179
COLFAX POWER PLANT EMPLOYEES FEDERAL CREDIT UNION
832 PITTSBURGH STREET, PO BOX 186
SPRINGDALE, PA 15144-1623
ARMSTRONG ASSOCIATES FEDERAL CREDIT UNION
P O Box 210
KITTANNING, PA 16201
ALLEGHENY METAL FEDERAL CREDIT UNION
260 PERSHING AVE
LEECHBURG, PA 15656
MOONLIGHT CREDIT UNION
Po Box 427
WORTHINGTON, PA 16262