Sep, 30, 2025 — AMERICO FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 2 branch locations and about $88.09 million in total assets. Opened 67 years ago in 1959, AMERICO FEDERAL CREDIT UNION has about 7,421 members and employs 17 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AMERICO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4101 Main St ERIE, PA 16511 |
| Phone: | (814) 899-6608 |
| Fax: | (814) 899-6005 |
| Website: | https://www.americofcu.com |
| Branches: | 2 branch locations |
| Members: | 7,421 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12752 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Oct 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $88,085,154 |
| CEO/Manager: | Christine Bennett |
| Chairperson: | Rose Kuhn |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,198,223 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,878,905 |
| Unsecured Loans | 2,297,349 |
| Other Loans | 20,434,881 |
| TOTAL LOANS | 29,611,135 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -194,274 |
| Land And Building | 298,733 |
| Other Fixed Assets | 127,748 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 764,305 |
| All Other Assets | 0 |
| TOTAL ASSETS | 88,085,154 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 310,571 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,125,614 |
| Regular shares | 33,208,106 |
| All Other Shares & Deposits | 26,673,883 |
| TOTAL SHARES & DEPOSITS | 77,007,603 |
| TOTAL LIABILITIES | 77,318,174 |
| Regular Reserve | 0 |
| Other Reserves | 433,725 |
| Undivided Earnings | 10,333,255 |
| TOTAL EQUITY | 10,766,980 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 88,085,154 |
| INCOME & EXPENSE | |
| Loan Income | 1,431,503 |
| Investment Income | 1,004,838 |
| Other Income | 133,266 |
| Total Employee Compensation & Benefits | 758,793 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,249,844 |
| Non-operating Income & (Expense) | 21,428 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 53,751 |
| Cost of Funds | 269,232 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 709,745 |
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