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LOCAL 520 U A FEDERAL CREDIT UNION

Mar, 31, 2021 — LOCAL 520 U A FEDERAL CREDIT UNION is a federal credit union headquartered in Harrisburg, PA with 1 branch location and about $7.93 million in total assets. Opened 60 years ago in 1961, LOCAL 520 U A FEDERAL CREDIT UNION has about 1,584 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LOCAL 520 U A FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. Box 6187
Harrisburg, PA 17112-3649
Phone:(717) 545-9329
Fax:(717) 541-0437
Website:http://local520fcu.org
Branches:1 branch locations
Members:1,584
Credit Union Type:Federal Credit Union
Charter Number:14283
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$7,934,970
CEO/Manager:Jenna L Stabley
Chairperson:Michael Leeking

Call Report

  • Real Estate Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,966,598
TOTAL INVESTMENTS 513,000
Loans Held for Sale 0
 
 Real Estate Loans 574,473
 Unsecured Loans 993,559
 Other Loans 1,791,519
 TOTAL LOANS 3,359,551
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -459
 Land And Building 0
 Other Fixed Assets 9,828
 NCUSIF Deposit 60,281
 All Other Assets 26,171
  TOTAL ASSETS 7,934,970
LIABILITIES & CAPITAL:  
 Dividends Payable 1,861
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,600
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 51,509
 Regular shares 6,065,570
 All Other Shares & Deposits 367,356
  TOTAL SHARES & DEPOSITS 6,484,435
  TOTAL LIABILITIES 6,487,896
 Regular Reserve 229,387
 Other Reserves 0
 Undivided Earnings 1,217,687
  TOTAL EQUITY 1,447,074
  TOTAL LIABILITIES, SHARES, & EQUITY 7,934,970
INCOME & EXPENSE  
 Loan Income 41,693
 Investment Income 2,670
 Other Income 583
 Total Employee Compensation & Benefits 33,890
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 28,259
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 1,983
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -19,186
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