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PENNSTAR FEDERAL CREDIT UNION

Sep, 30, 2025 — PENNSTAR FEDERAL CREDIT UNION is a federal credit union headquartered in HERMITAGE, PA with 3 branch locations and about $55.85 million in total assets. Opened 66 years ago in 1960, PENNSTAR FEDERAL CREDIT UNION has about 4,079 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PENNSTAR FEDERAL CREDIT UNION
Address:
(Main Office)
4139 E State St
HERMITAGE, PA 16148-3402
Phone:(724) 981-2973
Fax:(724) 981-2973
Website:https://www.pennstarfederal.com
Branches:3 branch locations
Members:4,079
Credit Union Type:Federal Credit Union
Charter Number:13760
Membership Type:Multiple common bond - Primarily finance, insurance, real estate, trade
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$55,845,548
CEO/Manager:Nichole A Sayers
Chairperson:Glenn Zahniser

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,042,590
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,394,109
 Unsecured Loans 2,192,399
 Other Loans 12,162,955
 TOTAL LOANS 18,749,463
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -46,036
 Land And Building 345,450
 Other Fixed Assets 17,516
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 449,743
 All Other Assets 0
  TOTAL ASSETS 55,845,548
LIABILITIES & CAPITAL:  
 Dividends Payable 202
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 218,817
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,999,288
 Regular shares 20,192,846
 All Other Shares & Deposits 20,561,141
  TOTAL SHARES & DEPOSITS 46,753,275
  TOTAL LIABILITIES 46,972,294
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 8,873,254
  TOTAL EQUITY 8,873,254
  TOTAL LIABILITIES, SHARES, & EQUITY 55,845,548
INCOME & EXPENSE  
 Loan Income 833,507
 Investment Income 740,671
 Other Income 193,090
 Total Employee Compensation & Benefits 481,271
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 691,798
 Non-operating Income & (Expense) 172,584
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 24,871
 Cost of Funds 408,744
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 333,168
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