Dec, 31, 2021 — SAINT VINCENT ERIE FEDERAL CREDIT UNION is a federal credit union headquartered in ERIE, PA with 1 branch location and about $18.45 million in total assets. Opened 62 years ago in 1960, SAINT VINCENT ERIE FEDERAL CREDIT UNION has about 1,945 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SAINT VINCENT ERIE FEDERAL CREDIT UNION |
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Address: (Main Office) | 2314 Sassafras St Ste 100 ERIE, PA 16502 |
Phone: | (814) 452-5742 |
Fax: | (814) 452-5630 |
Website: | http://www.svefcu.com |
Branches: | 1 branch locations |
Members: | 1,945 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13933 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Mar 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $18,446,358 |
CEO/Manager: | James D Kemp |
Chairperson: | Bill Chiaramonte |
ASSETS: | $ Amount |
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Cash & Equivalents | 700,659 |
TOTAL INVESTMENTS | 12,187,475 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,128,052 |
Unsecured Loans | 981,614 |
Other Loans | 1,893,242 |
TOTAL LOANS | 5,002,908 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -40,203 |
Land And Building | 0 |
Other Fixed Assets | 22,288 |
NCUSIF Deposit | 154,642 |
All Other Assets | 418,589 |
TOTAL ASSETS | 18,446,358 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -18,959 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,776,730 |
Regular shares | 13,968,067 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 16,744,797 |
TOTAL LIABILITIES | 16,725,838 |
Regular Reserve | 102,598 |
Other Reserves | 0 |
Undivided Earnings | 1,617,922 |
TOTAL EQUITY | 1,720,520 |
TOTAL LIABILITIES, SHARES, & EQUITY | 18,446,358 |
INCOME & EXPENSE | |
Loan Income | 286,689 |
Investment Income | 129,192 |
Other Income | 146,262 |
Total Employee Compensation & Benefits | 301,051 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 264,983 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,409 |
Cost of Funds | 20,890 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 56,659 |
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