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MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION

Dec, 31, 2023 — MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION is a federal credit union headquartered in MOUNT PLEASANT, PA with 1 branch location and about $2.40 million in total assets. Opened 59 years ago in 1965, MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION has about 171 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:171
Credit Union Type:Federal Credit Union
Charter Number:17136
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1965
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$2,400,241
CEO/Manager:John K Kapelewski
Chairperson:Diane Bailey

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 793,717
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 88,618
 Other Loans 617,193
 TOTAL LOANS 705,811
 (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 20,854
 All Other Assets 0
  TOTAL ASSETS 2,400,241
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 286
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 885,909
 All Other Shares & Deposits 1,043,291
  TOTAL SHARES & DEPOSITS 1,929,200
  TOTAL LIABILITIES 1,929,486
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 470,755
  TOTAL EQUITY 470,755
  TOTAL LIABILITIES, SHARES, & EQUITY 2,400,241
INCOME & EXPENSE  
 Loan Income 27,419
 Investment Income 14,364
 Other Income 1,357
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 15,308
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 14,526
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 13,843
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