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MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION

Mar, 31, 2021 — MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT PLEASANT, PA with 1 branch location and about $2.84 million in total assets. Opened 56 years ago in 1965, MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION has about 223 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION
Address:
(Main Office)
505 N CHURCH ST
MOUNT PLEASANT, PA 15666-1110
Phone:(724) 542-4940
Fax:
Website:n/a
Branches:1 branch locations
Members:223
Credit Union Type:Federal Credit Union
Charter Number:17136
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,835,296
CEO/Manager:John K Kapelewski
Chairperson:Diane Bailey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 827,131
TOTAL INVESTMENTS 1,320,927
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 95,340
 Other Loans 570,903
 TOTAL LOANS 666,243
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,200
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 23,425
 All Other Assets 2,770
  TOTAL ASSETS 2,835,296
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 1,124,478
 All Other Shares & Deposits 1,264,425
  TOTAL SHARES & DEPOSITS 2,388,903
  TOTAL LIABILITIES 2,388,903
 Regular Reserve 60,595
 Other Reserves 0
 Undivided Earnings 385,798
  TOTAL EQUITY 446,393
  TOTAL LIABILITIES, SHARES, & EQUITY 2,835,296
INCOME & EXPENSE  
 Loan Income 6,258
 Investment Income 2,749
 Other Income 77
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,481
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,865
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -177
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