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BEDCO HOSPITAL FEDERAL CREDIT UNION

Mar, 31, 2021 — BEDCO HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in EVERETT, PA with 1 branch location and about $2.42 million in total assets. Opened 60 years ago in 1961, BEDCO HOSPITAL FEDERAL CREDIT UNION has about 668 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:668
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,424,420
CEO/Manager:Scott Ressler
Chairperson:Alfred G Godissart

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,069,908
TOTAL INVESTMENTS 13,140
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 476,711
 Other Loans 870,278
 TOTAL LOANS 1,346,989
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -36,881
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 20,313
 All Other Assets 10,951
  TOTAL ASSETS 2,424,420
LIABILITIES & CAPITAL:  
 Dividends Payable 15,279
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,713
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,534,562
 All Other Shares & Deposits 544,700
  TOTAL SHARES & DEPOSITS 2,079,262
  TOTAL LIABILITIES 2,097,254
 Regular Reserve 34,219
 Other Reserves 0
 Undivided Earnings 292,947
  TOTAL EQUITY 327,166
  TOTAL LIABILITIES, SHARES, & EQUITY 2,424,420
INCOME & EXPENSE  
 Loan Income 25,163
 Investment Income 438
 Other Income 3,210
 Total Employee Compensation & Benefits 19,365
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 9,770
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,856
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -2,818
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