Sep, 30, 2025 — PERU FEDERAL CREDIT UNION is a federal credit union headquartered in PERU, NY with 4 branch locations and about $57.53 million in total assets. Opened 63 years ago in 1963, PERU FEDERAL CREDIT UNION has about 4,611 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PERU FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 700 Bear Swamp Rd PERU, NY 12972 |
| Phone: | (518) 643-9915 |
| Fax: | (518) 643-8903 |
| Website: | https://www.mountainvalleyfcu.com |
| Branches: | 4 branch locations |
| Members: | 4,611 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15516 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $57,530,535 |
| CEO/Manager: | Maggie F Pope |
| Chairperson: | Kathleen Roach |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,979,577 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 26,534,938 |
| Unsecured Loans | 3,175,591 |
| Other Loans | 11,607,486 |
| TOTAL LOANS | 41,797,159 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -162,942 |
| Land And Building | 2,180,655 |
| Other Fixed Assets | 68,505 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 525,870 |
| All Other Assets | 0 |
| TOTAL ASSETS | 57,530,535 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 446,508 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 11,362,222 |
| Regular shares | 23,585,950 |
| All Other Shares & Deposits | 18,060,588 |
| TOTAL SHARES & DEPOSITS | 53,008,760 |
| TOTAL LIABILITIES | 53,455,268 |
| Regular Reserve | 0 |
| Other Reserves | 246,757 |
| Undivided Earnings | 3,828,510 |
| TOTAL EQUITY | 4,075,267 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 57,530,535 |
| INCOME & EXPENSE | |
| Loan Income | 1,807,345 |
| Investment Income | 215,643 |
| Other Income | 147,163 |
| Total Employee Compensation & Benefits | 965,016 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,115,366 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 317,288 |
| Cost of Funds | 422,512 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -569,384 |
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