Dec, 31, 2023 — FORT LIGONIER FEDERAL CREDIT UNION is a federal credit union headquartered in JEROME, PA with 2 branch locations and about $2.98 million in total assets. Opened 66 years ago in 1958, FORT LIGONIER FEDERAL CREDIT UNION has about 362 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FORT LIGONIER FEDERAL CREDIT UNION |
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Address: (Main Office) | 1917 Penn Avenue JEROME, PA 15937 |
Phone: | (814) 242-4155 |
Fax: | |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 362 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 12505 |
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Membership Type: | Educational |
Corporate Credit Union: | No |
Year Opened: | 1958 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,976,882 |
CEO/Manager: | Sheri L Zambanini |
Chairperson: | Allen Abbott |
ASSETS: | $ Amount |
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Cash & Equivalents | 187,144 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 162,295 |
Other Loans | 947,105 |
TOTAL LOANS | 1,109,400 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,799 |
Land And Building | 0 |
Other Fixed Assets | 2,337 |
NCUSIF Deposit | 25,285 |
All Other Assets | 0 |
TOTAL ASSETS | 2,976,882 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,584 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,481,146 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 2,481,145 |
TOTAL LIABILITIES | 2,489,729 |
Regular Reserve | 0 |
Other Reserves | 54,909 |
Undivided Earnings | 432,244 |
TOTAL EQUITY | 487,153 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,976,882 |
INCOME & EXPENSE | |
Loan Income | 40,546 |
Investment Income | 76,733 |
Other Income | 6 |
Total Employee Compensation & Benefits | 24,645 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 26,683 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,335 |
Cost of Funds | 39,805 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 15,817 |
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