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GLASS CAP FEDERAL CREDIT UNION

Sep, 30, 2025 — GLASS CAP FEDERAL CREDIT UNION is a federal credit union headquartered in CONNELLSVILLE, PA with 2 branch locations and about $43.84 million in total assets. Opened 66 years ago in 1960, GLASS CAP FEDERAL CREDIT UNION has about 4,747 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GLASS CAP FEDERAL CREDIT UNION
Address:
(Main Office)
241 N Pittsburgh St
CONNELLSVILLE, PA 15425-3209
Phone:(724) 628-2424
Fax:(724) 628-0636
Website:https://www.glasscapfcu.com
Branches:2 branch locations
Members:4,747
Credit Union Type:Federal Credit Union
Charter Number:13733
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$43,835,480
CEO/Manager:Rebecca E Detrick
Chairperson:John Andursky

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,806,079
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,333,127
 Unsecured Loans 2,048,227
 Other Loans 13,046,658
 TOTAL LOANS 19,428,012
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -48,620
 Land And Building 334,330
 Other Fixed Assets 166,254
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 361,202
 All Other Assets 0
  TOTAL ASSETS 43,835,480
LIABILITIES & CAPITAL:  
 Dividends Payable 37,671
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 512,190
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,968,551
 Regular shares 23,170,919
 All Other Shares & Deposits 6,856,731
  TOTAL SHARES & DEPOSITS 35,996,200
  TOTAL LIABILITIES 36,546,061
 Regular Reserve 0
 Other Reserves -329,176
 Undivided Earnings 7,618,595
  TOTAL EQUITY 7,289,419
  TOTAL LIABILITIES, SHARES, & EQUITY 43,835,480
INCOME & EXPENSE  
 Loan Income 980,238
 Investment Income 738,043
 Other Income 91,168
 Total Employee Compensation & Benefits 404,554
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 649,237
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,307
 Cost of Funds 133,298
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 788,110
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