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BEDCO HOSPITAL FEDERAL CREDIT UNION

Dec, 31, 2020 — BEDCO HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in EVERETT, PA with 1 branch location and about $2.38 million in total assets. Opened 60 years ago in 1961, BEDCO HOSPITAL FEDERAL CREDIT UNION has about 703 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:BEDCO HOSPITAL FEDERAL CREDIT UNION
Address:
(Main Office)
10455 LINCOLN HWY
EVERETT, PA 15537
Phone:(814) 623-3544
Fax:
Website:n/a
Branches:1 branch locations
Members:703
Credit Union Type:Federal Credit Union
Charter Number:14347
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1961
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$2,377,168
CEO/Manager:Scott Ressler
Chairperson:Alfred G Godissart

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,023,314
TOTAL INVESTMENTS 13,140
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 510,172
 Other Loans 836,005
 TOTAL LOANS 1,346,177
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -36,816
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 18,535
 All Other Assets 12,818
  TOTAL ASSETS 2,377,168
LIABILITIES & CAPITAL:  
 Dividends Payable 12,586
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,332
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,488,566
 All Other Shares & Deposits 542,700
  TOTAL SHARES & DEPOSITS 2,031,266
  TOTAL LIABILITIES 2,047,184
 Regular Reserve 34,219
 Other Reserves 0
 Undivided Earnings 295,765
  TOTAL EQUITY 329,984
  TOTAL LIABILITIES, SHARES, & EQUITY 2,377,168
INCOME & EXPENSE  
 Loan Income 121,432
 Investment Income 4,760
 Other Income 9,619
 Total Employee Compensation & Benefits 81,647
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 31,281
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,650
 Cost of Funds 14,412
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,821
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