Dec, 31, 2023 — HEMPFIELD AREA FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, PA with 1 branch location and about $5.95 million in total assets. Opened 65 years ago in 1959, HEMPFIELD AREA FEDERAL CREDIT UNION has about 542 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HEMPFIELD AREA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 151 Bus Garage Rd GREENSBURG, PA 15601-6433 |
| Phone: | (724) 837-4228 |
| Fax: | (724) 837-0353 |
| Website: | https://hempfieldareafcu.com |
| Branches: | 1 branch locations |
| Members: | 542 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13180 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,954,934 |
| CEO/Manager: | NADEEN A BARTLETT |
| Chairperson: | CHERYL A BENGEL |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 286,314 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 321,735 |
| Other Loans | 806,221 |
| TOTAL LOANS | 1,127,957 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,508 |
| Land And Building | 0 |
| Other Fixed Assets | 6,478 |
| NCUSIF Deposit | 57,727 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,954,934 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,951 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,957,814 |
| All Other Shares & Deposits | 948,241 |
| TOTAL SHARES & DEPOSITS | 4,906,055 |
| TOTAL LIABILITIES | 4,909,006 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,045,928 |
| TOTAL EQUITY | 1,045,928 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,954,934 |
| INCOME & EXPENSE | |
| Loan Income | 53,981 |
| Investment Income | 74,542 |
| Other Income | 169 |
| Total Employee Compensation & Benefits | 44,458 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 35,920 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,200 |
| Cost of Funds | 18,036 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,907 |
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