Sep, 30, 2025 — WASHINGTON AREA TEACHERS FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, PA with 1 branch location and about $76.70 million in total assets. Opened 67 years ago in 1959, WASHINGTON AREA TEACHERS FEDERAL CREDIT UNION has about 3,327 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: | WASHINGTON AREA TEACHERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 75 Landings Drive WASHINGTON, PA 15301 |
| Phone: | (800) 830-3078 |
| Fax: | (724) 225-4992 |
| Website: | https://www.watfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,327 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13035 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $76,695,653 |
| CEO/Manager: | Rebecca Hall |
| Chairperson: | Charles Meuser |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,540,587 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,851,426 |
| Unsecured Loans | 2,706,530 |
| Other Loans | 9,691,052 |
| TOTAL LOANS | 31,249,008 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -368,429 |
| Land And Building | 2,490,506 |
| Other Fixed Assets | 19,562 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 652,268 |
| All Other Assets | 0 |
| TOTAL ASSETS | 76,695,653 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 342,043 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,199,768 |
| Regular shares | 41,746,612 |
| All Other Shares & Deposits | 15,310,928 |
| TOTAL SHARES & DEPOSITS | 68,257,308 |
| TOTAL LIABILITIES | 68,599,351 |
| Regular Reserve | 0 |
| Other Reserves | -791,213 |
| Undivided Earnings | 8,887,515 |
| TOTAL EQUITY | 8,096,302 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 76,695,653 |
| INCOME & EXPENSE | |
| Loan Income | 1,219,840 |
| Investment Income | 1,062,895 |
| Other Income | 94,919 |
| Total Employee Compensation & Benefits | 694,619 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 818,144 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -41,733 |
| Cost of Funds | 387,099 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 705,980 |
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