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KENNAFORD FEDERAL CREDIT UNION

Mar, 31, 2021 — KENNAFORD FEDERAL CREDIT UNION is a federal credit union headquartered in BEDFORD, PA with 1 branch location and about $5.74 million in total assets. Opened 62 years ago in 1959, KENNAFORD FEDERAL CREDIT UNION has about 851 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:851
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$5,736,516
CEO/Manager:Christine G Imler
Chairperson:Cindi R Feather

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,157,653
TOTAL INVESTMENTS 2,299,354
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 420,366
 Other Loans 1,823,233
 TOTAL LOANS 2,243,599
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,954
 Land And Building 0
 Other Fixed Assets 2
 NCUSIF Deposit 39,925
 All Other Assets 13,937
  TOTAL ASSETS 5,736,516
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 17,369
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,397,530
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,397,530
  TOTAL LIABILITIES 4,414,899
 Regular Reserve 1,194,412
 Other Reserves 0
 Undivided Earnings 127,205
  TOTAL EQUITY 1,321,617
  TOTAL LIABILITIES, SHARES, & EQUITY 5,736,516
INCOME & EXPENSE  
 Loan Income 21,384
 Investment Income 8,517
 Other Income 2
 Total Employee Compensation & Benefits 16,166
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 10,667
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,627
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 566
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