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LATROBE AREA HOSPITAL FEDERAL CREDIT UNION

Mar, 31, 2021 — LATROBE AREA HOSPITAL FEDERAL CREDIT UNION is a federal credit union headquartered in LATROBE, PA with 1 branch location and about $11.62 million in total assets. Opened 57 years ago in 1964, LATROBE AREA HOSPITAL FEDERAL CREDIT UNION has about 1,454 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LATROBE AREA HOSPITAL FEDERAL CREDIT UNION
Address:
(Main Office)
121 W 2ND AVE
LATROBE, PA 15650
Phone:(724) 539-8820
Fax:(724) 539-8834
Website:http://www.lahcreditunion.com
Branches:1 branch locations
Members:1,454
Credit Union Type:Federal Credit Union
Charter Number:16209
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1964
Last Audited:Mar 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$11,619,363
CEO/Manager:Gregory Sisitki
Chairperson:Janell F Emery-Smith

Call Report

  • Overdraft Protection
  • Participation Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,014,243
TOTAL INVESTMENTS 4,317,563
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 2,296,412
 Other Loans 2,716,260
 TOTAL LOANS 5,012,672
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,268
 Land And Building 0
 Other Fixed Assets 33,775
 NCUSIF Deposit 87,560
 All Other Assets 169,818
  TOTAL ASSETS 11,619,363
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 33,556
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,126,568
 Regular shares 8,988,591
 All Other Shares & Deposits 258,967
  TOTAL SHARES & DEPOSITS 10,374,126
  TOTAL LIABILITIES 10,407,682
 Regular Reserve 144,250
 Other Reserves 0
 Undivided Earnings 1,067,431
  TOTAL EQUITY 1,211,681
  TOTAL LIABILITIES, SHARES, & EQUITY 11,619,363
INCOME & EXPENSE  
 Loan Income 75,770
 Investment Income 25,372
 Other Income 12,248
 Total Employee Compensation & Benefits 46,084
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 44,176
 Non-operating Income & (Expense) -552
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,616
 Cost of Funds 1,335
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 15,050
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