Sep, 30, 2025 — PENN STATE FEDERAL CREDIT UNION is a federal credit union headquartered in BELLEFONTE, PA with 2 branch locations and about $254.64 million in total assets. Opened 67 years ago in 1959, PENN STATE FEDERAL CREDIT UNION has about 14,400 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PENN STATE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 123 Amberleigh Ln BELLEFONTE, PA 16823 |
| Phone: | (814) 355-2711 |
| Fax: | (814) 863-6183 |
| Website: | https://www.pennstatefederal.com |
| Branches: | 2 branch locations |
| Members: | 14,400 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12729 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $254,639,787 |
| CEO/Manager: | Cheryl Barr |
| Chairperson: | Bobby White |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 21,049,762 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 99,425,376 |
| Unsecured Loans | 12,129,869 |
| Other Loans | 19,004,484 |
| TOTAL LOANS | 130,636,832 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,096,091 |
| Land And Building | 3,491,238 |
| Other Fixed Assets | 464,709 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,153,630 |
| All Other Assets | 0 |
| TOTAL ASSETS | 254,639,787 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 588,976 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 69,352,113 |
| Regular shares | 105,457,196 |
| All Other Shares & Deposits | 49,371,403 |
| TOTAL SHARES & DEPOSITS | 224,180,712 |
| TOTAL LIABILITIES | 224,769,688 |
| Regular Reserve | 0 |
| Other Reserves | -3,868,430 |
| Undivided Earnings | 33,738,529 |
| TOTAL EQUITY | 29,870,099 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 254,639,787 |
| INCOME & EXPENSE | |
| Loan Income | 4,929,611 |
| Investment Income | 2,937,009 |
| Other Income | 143,391 |
| Total Employee Compensation & Benefits | 2,753,982 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,987,324 |
| Non-operating Income & (Expense) | -61 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 312,890 |
| Cost of Funds | 1,888,728 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,009,624 |
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