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PENN SOUTH COOPERATIVE FEDERAL CREDIT UNION

Mar, 31, 2022 — PENN SOUTH COOPERATIVE FEDERAL CREDIT UNION is a federal credit union headquartered in NEW YORK, NY with 1 branch location and about $8.25 million in total assets. Opened 59 years ago in 1963, PENN SOUTH COOPERATIVE FEDERAL CREDIT UNION has about 756 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PENN SOUTH COOPERATIVE FEDERAL CREDIT UNION
Address:
(Main Office)
250 9th Ave Bldg 5
NEW YORK, NY 10001-6602
Phone:(212) 765-1517
Fax:(212) 727-8289
Website:https://pennsouthcreditunion.org/
Branches:1 branch locations
Members:756
Credit Union Type:Federal Credit Union
Charter Number:15459
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1963
Last Audited:Dec 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$8,254,256
CEO/Manager:Robert Pillartz
Chairperson:

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,697,790
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 283,121
 Other Loans 0
 TOTAL LOANS 5,618,984
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -220,000
 Land And Building 0
 Other Fixed Assets 8,207
 NCUSIF Deposit 64,801
 All Other Assets 0
  TOTAL ASSETS 8,254,256
LIABILITIES & CAPITAL:  
 Dividends Payable 57,174
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 41,592
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,100,718
 All Other Shares & Deposits 2,749,400
  TOTAL SHARES & DEPOSITS 6,850,118
  TOTAL LIABILITIES 6,948,884
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,305,372
  TOTAL EQUITY 1,305,372
  TOTAL LIABILITIES, SHARES, & EQUITY 8,254,256
INCOME & EXPENSE  
 Loan Income 86,930
 Investment Income 162
 Other Income 10,215
 Total Employee Compensation & Benefits 38,675
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,278
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 19,612
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,742
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