Sep, 30, 2025 — NEW KENSINGTON MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in NEW KENSINGTON, PA with 1 branch location and about $3.61 million in total assets. Opened 64 years ago in 1962, NEW KENSINGTON MUNICIPAL FEDERAL CREDIT UNION has about 246 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW KENSINGTON MUNICIPAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 301 11th St NEW KENSINGTON, PA 15068-6179 |
| Phone: | (724) 212-3303 |
| Fax: | (724) 212-3440 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 246 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15063 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1962 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $3,613,945 |
| CEO/Manager: | Susan C Bonk |
| Chairperson: | Charles F Korman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,045,629 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,362,189 |
| Unsecured Loans | 182,141 |
| Other Loans | 1,008,323 |
| TOTAL LOANS | 2,552,653 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,970 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 25,443 |
| All Other Assets | 0 |
| TOTAL ASSETS | 3,613,945 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -209 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 853,028 |
| All Other Shares & Deposits | 2,237,750 |
| TOTAL SHARES & DEPOSITS | 3,090,778 |
| TOTAL LIABILITIES | 3,090,569 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 523,376 |
| TOTAL EQUITY | 523,376 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,613,945 |
| INCOME & EXPENSE | |
| Loan Income | 91,636 |
| Investment Income | 21,562 |
| Other Income | 360 |
| Total Employee Compensation & Benefits | 32,913 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,363 |
| Non-operating Income & (Expense) | 29 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 450 |
| Cost of Funds | 68,108 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -7,247 |
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