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LOCAL 520 U A FEDERAL CREDIT UNION

Dec, 31, 2020 — LOCAL 520 U A FEDERAL CREDIT UNION is a federal credit union headquartered in Harrisburg, PA with 1 branch location and about $7.80 million in total assets. Opened 60 years ago in 1961, LOCAL 520 U A FEDERAL CREDIT UNION has about 1,617 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:1,617
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:$7,795,242
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 3,338,365
TOTAL INVESTMENTS 888,000
Loans Held for Sale 0
 
 Real Estate Loans 612,855
 Unsecured Loans 1,051,608
 Other Loans 1,816,031
 TOTAL LOANS 3,480,494
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -3,219
 Land And Building 0
 Other Fixed Assets 9,828
 NCUSIF Deposit 60,281
 All Other Assets 21,493
  TOTAL ASSETS 7,795,242
LIABILITIES & CAPITAL:  
 Dividends Payable 1,861
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,579
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 49,153
 Regular shares 5,889,110
 All Other Shares & Deposits 377,910
  TOTAL SHARES & DEPOSITS 6,316,173
  TOTAL LIABILITIES 6,325,613
 Regular Reserve 229,387
 Other Reserves 0
 Undivided Earnings 1,240,242
  TOTAL EQUITY 1,469,629
  TOTAL LIABILITIES, SHARES, & EQUITY 7,795,242
INCOME & EXPENSE  
 Loan Income 177,552
 Investment Income 31,052
 Other Income 29,541
 Total Employee Compensation & Benefits 140,464
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 129,024
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,284
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -38,627
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