Dec, 31, 2023 — PENN HILLS MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 1 branch location and about $2.78 million in total assets. Opened 59 years ago in 1965, PENN HILLS MUNICIPAL FEDERAL CREDIT UNION has about 221 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PENN HILLS MUNICIPAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 102 Duff Rd PITTSBURGH, PA 15235-3219 |
| Phone: | (412) 342-0361 |
| Fax: | (412) 342-0026 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 221 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16636 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Jan 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,780,471 |
| CEO/Manager: | SHEREE A STRAYER |
| Chairperson: | Robert D Meyers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 567,526 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 430,276 |
| Other Loans | 1,430,768 |
| TOTAL LOANS | 1,861,045 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,303 |
| Land And Building | 0 |
| Other Fixed Assets | 1 |
| NCUSIF Deposit | 24,104 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,780,471 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,212,338 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 2,212,338 |
| TOTAL LIABILITIES | 2,212,338 |
| Regular Reserve | 0 |
| Other Reserves | 48,723 |
| Undivided Earnings | 519,410 |
| TOTAL EQUITY | 568,133 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,780,471 |
| INCOME & EXPENSE | |
| Loan Income | 105,349 |
| Investment Income | 10,239 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 29,426 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 13,074 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 26,284 |
| Cost of Funds | 22,593 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 24,211 |
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