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PENN HILLS MUNICIPAL FEDERAL CREDIT UNION

Dec, 31, 2020 — PENN HILLS MUNICIPAL FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $2.53 million in total assets. Opened 56 years ago in 1965, PENN HILLS MUNICIPAL FEDERAL CREDIT UNION has about 207 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:207
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,532,174
CEO/Manager:SHEREE A STRAYER
Chairperson:Robert D Meyers

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 960,234
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 548,792
 Other Loans 1,012,096
 TOTAL LOANS 1,560,888
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,476
 Land And Building 0
 Other Fixed Assets 1
 NCUSIF Deposit 18,029
 All Other Assets 498
  TOTAL ASSETS 2,532,174
LIABILITIES & CAPITAL:  
 Dividends Payable 8,281
 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 2,022,612
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,022,612
  TOTAL LIABILITIES 2,030,893
 Regular Reserve 48,723
 Other Reserves 0
 Undivided Earnings 452,558
  TOTAL EQUITY 501,281
  TOTAL LIABILITIES, SHARES, & EQUITY 2,532,174
INCOME & EXPENSE  
 Loan Income 92,825
 Investment Income 9,267
 Other Income 0
 Total Employee Compensation & Benefits 28,222
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,776
 Non-operating Income & (Expense) 30
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 27,398
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,726
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