KASE FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — KASE FEDERAL CREDIT UNION is a federal credit union headquartered in Vandergrift, PA with 1 branch location and about $953,362 in total assets. Opened 60 years ago in 1964, KASE FEDERAL CREDIT UNION has about 194 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KASE FEDERAL CREDIT UNION |
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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: | 194 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 16242 |
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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: | $953,362 |
CEO/Manager: | Donna Flanagan |
Chairperson: | David Marinelli |
ASSETS: | $ Amount |
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Cash & Equivalents | 535,304 |
TOTAL INVESTMENTS | 17,150 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 96,785 |
Other Loans | 294,525 |
TOTAL LOANS | 391,310 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 457 |
Land And Building | 0 |
Other Fixed Assets | 16 |
NCUSIF Deposit | 7,248 |
All Other Assets | 1,877 |
TOTAL ASSETS | 953,362 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 1,809 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 420 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 842,624 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 842,624 |
TOTAL LIABILITIES | 844,853 |
Regular Reserve | 43,196 |
Other Reserves | 0 |
Undivided Earnings | 65,313 |
TOTAL EQUITY | 108,509 |
TOTAL LIABILITIES, SHARES, & EQUITY | 953,362 |
INCOME & EXPENSE | |
Loan Income | 10,367 |
Investment Income | 321 |
Other Income | 537 |
Total Employee Compensation & Benefits | 10,180 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 12,707 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,175 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -13,837 |
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