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KASE FEDERAL CREDIT UNION

Mar, 31, 2021 — KASE FEDERAL CREDIT UNION is a federal credit union headquartered in Vandergrift, PA with 1 branch location and about $830,344 in total assets. Opened 57 years ago in 1964, KASE FEDERAL CREDIT UNION has about 216 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:KASE FEDERAL CREDIT UNION
Address:
(Main Office)
110 Grant Ave
Vandergrift, PA 15690
Phone:(724) 568-1697
Fax:(724) 567-6664
Website:n/a
Branches:1 branch locations
Members:216
Credit Union Type:Federal Credit Union
Charter Number:16242
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1964
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$830,344
CEO/Manager:Donna Flanagan
Chairperson:David Marinelli

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 199,454
TOTAL INVESTMENTS 220,116
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 85,270
 Other Loans 323,539
 TOTAL LOANS 408,809
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,046
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 7,218
 All Other Assets 1,793
  TOTAL ASSETS 830,344
LIABILITIES & CAPITAL:  
 Dividends Payable 63
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities -33,205
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 747,790
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 747,790
  TOTAL LIABILITIES 714,648
 Regular Reserve 43,196
 Other Reserves 0
 Undivided Earnings 72,500
  TOTAL EQUITY 115,696
  TOTAL LIABILITIES, SHARES, & EQUITY 830,344
INCOME & EXPENSE  
 Loan Income 2,905
 Investment Income 93
 Other Income 116
 Total Employee Compensation & Benefits 3,344
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,358
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 63
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,651
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