Credit Unions Near Me
National Credit Union Service Organization

FIRST AREA FEDERAL CREDIT UNION

Mar, 31, 2021 — FIRST AREA FEDERAL CREDIT UNION is a federal credit union headquartered in LEWISTOWN, PA with 1 branch location and about $27.10 million in total assets. Opened 60 years ago in 1961, FIRST AREA FEDERAL CREDIT UNION has about 3,025 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRST AREA FEDERAL CREDIT UNION
Address:
(Main Office)
23 S DORCAS ST
LEWISTOWN, PA 17044
Phone:(717) 248-5103
Fax:(717) 248-9672
Website:https://www.shareteccu.com/firstare
Branches:1 branch locations
Members:3,025
Credit Union Type:Federal Credit Union
Charter Number:14346
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$27,095,622
CEO/Manager:Bonnie K Fisher
Chairperson:

Call Report

  • Overdraft Protection
  • Pay Day Loans
  • Real Estate Loans
  • Share Secured Credit Cards
  • Payday Alternative Loans (PAL Loans)
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,149,479
TOTAL INVESTMENTS 16,902,903
Loans Held for Sale 0
 
 Real Estate Loans 1,805,432
 Unsecured Loans 1,139,143
 Other Loans 2,655,976
 TOTAL LOANS 5,600,551
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -48,292
 Land And Building 157,390
 Other Fixed Assets 8,472
 NCUSIF Deposit 183,287
 All Other Assets 141,832
  TOTAL ASSETS 27,095,622
LIABILITIES & CAPITAL:  
 Dividends Payable 19,932
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 110,915
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 6,205,688
 Regular shares 18,952,445
 All Other Shares & Deposits 46,455
  TOTAL SHARES & DEPOSITS 25,204,588
  TOTAL LIABILITIES 25,335,435
 Regular Reserve 268,017
 Other Reserves -272,665
 Undivided Earnings 1,764,835
  TOTAL EQUITY 1,760,187
  TOTAL LIABILITIES, SHARES, & EQUITY 27,095,622
INCOME & EXPENSE  
 Loan Income 98,955
 Investment Income 51,149
 Other Income 52,518
 Total Employee Compensation & Benefits 115,659
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 107,707
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,011
 Cost of Funds 4,473
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -26,228
↑ Back to Top

Other Credit Unions

STATE COLLEGE FEDERAL CREDIT UNION
724 S ATHERTON ST STE B
STATE COLLEGE, PA 16801-4672
YOUR CHOICE FEDERAL CREDIT UNION
109 KEYSTONE ST
ALTOONA, PA 16602
ALTOONA AREA EMPLOYEES FEDERAL CREDIT UNION
908 PLEASANT VALLEY BLVD
ALTOONA, PA 16602
AMERICAN PRIDE CREDIT UNION
1431 VALLEY VIEW BLVD
ALTOONA, PA 16602
USNE PENITENTIARY EMPLOYEES FEDERAL CREDIT UNION
30 E COURT
LEWISBURG, PA 17837
TITAN FEDERAL CREDIT UNION
114 MACK AVE
PLEASANT GAP, PA 16823-3104
BLAIR COUNTY FEDERAL CREDIT UNION
3001 SIXTH AVENUE
ALTOONA, PA 16602
SPE FEDERAL CREDIT UNION
650 Science Park Rd
STATE COLLEGE, PA 16803
PENN STATE FEDERAL CREDIT UNION
123 AMBERLEIGH LN
BELLEFONTE, PA 16823
1ST ED CREDIT UNION
1156 KENNEBEC DR
CHAMBERSBURG, PA 17201