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KENNAFORD FEDERAL CREDIT UNION

Dec, 31, 2020 — KENNAFORD FEDERAL CREDIT UNION is a federal credit union headquartered in BEDFORD, PA with 1 branch location and about $5.48 million in total assets. Opened 62 years ago in 1959, KENNAFORD FEDERAL CREDIT UNION has about 861 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KENNAFORD FEDERAL CREDIT UNION
Address:
(Main Office)
442 CHALYBEATE ROAD
BEDFORD, PA 15522
Phone:(814) 623-4425
Fax:(814) 623-4790
Website:n/a
Branches:1 branch locations
Members:861
Credit Union Type:Federal Credit Union
Charter Number:12900
Membership Type:Manufacturing - Primary and Fabricated Metals
Corporate Credit Union:No
Year Opened:1959
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$5,483,425
CEO/Manager:Christine G Imler
Chairperson:Cindi R Feather

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 808,164
TOTAL INVESTMENTS 2,299,354
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 459,118
 Other Loans 1,875,596
 TOTAL LOANS 2,334,714
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,941
 Land And Building 0
 Other Fixed Assets 2
 NCUSIF Deposit 39,925
 All Other Assets 19,207
  TOTAL ASSETS 5,483,425
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 11,406
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,150,968
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,150,968
  TOTAL LIABILITIES 4,162,374
 Regular Reserve 127,205
 Other Reserves 0
 Undivided Earnings 1,193,846
  TOTAL EQUITY 1,321,051
  TOTAL LIABILITIES, SHARES, & EQUITY 5,483,425
INCOME & EXPENSE  
 Loan Income 93,655
 Investment Income 43,957
 Other Income 1,487
 Total Employee Compensation & Benefits 66,365
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 49,127
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 10,395
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,212
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