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SCRANTON TIMES DOWNTOWN FEDERAL CREDIT UNION

Sep, 30, 2025 — SCRANTON TIMES DOWNTOWN FEDERAL CREDIT UNION is a federal credit union headquartered in SCRANTON, PA with 1 branch location and about $15.42 million in total assets. Opened 63 years ago in 1963, SCRANTON TIMES DOWNTOWN FEDERAL CREDIT UNION has about 1,455 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SCRANTON TIMES DOWNTOWN FEDERAL CREDIT UNION
Address:
(Main Office)
129 Penn Ave
SCRANTON, PA 18503-2015
Phone:(570) 348-9192
Fax:(570) 207-2294
Website:https://www.scrantondtfcu.com
Branches:1 branch locations
Members:1,455
Credit Union Type:Federal Credit Union
Charter Number:15591
Membership Type:Multiple common bond - Primarily communications and utilities
Corporate Credit Union:No
Year Opened:1963
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$15,424,035
CEO/Manager:Carole M Hughes
Chairperson:Patrick McKenna

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,562,534
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,795,096
 Unsecured Loans 333,103
 Other Loans 1,030,278
 TOTAL LOANS 5,158,477
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,758
 Land And Building 0
 Other Fixed Assets 13,084
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 106,565
 All Other Assets 0
  TOTAL ASSETS 15,424,035
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 14,766
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,915,900
 Regular shares 11,694,133
 All Other Shares & Deposits 293,022
  TOTAL SHARES & DEPOSITS 13,903,055
  TOTAL LIABILITIES 13,917,821
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,506,214
  TOTAL EQUITY 1,506,214
  TOTAL LIABILITIES, SHARES, & EQUITY 15,424,035
INCOME & EXPENSE  
 Loan Income 221,285
 Investment Income 273,149
 Other Income 12,790
 Total Employee Compensation & Benefits 227,572
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 189,111
 Non-operating Income & (Expense) 7,060
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 5,476
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 92,125
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