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STEAMFITTERS PHILA FEDERAL CREDIT UNION

Mar, 31, 2021 — STEAMFITTERS PHILA FEDERAL CREDIT UNION is a federal credit union headquartered in WEST CHESTER, PA with 0 branch location and about $1.19 million in total assets. Opened 54 years ago in 1967, STEAMFITTERS PHILA FEDERAL CREDIT UNION has about 974 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:STEAMFITTERS PHILA FEDERAL CREDIT UNION
Address:
(Main Office)
470 DOUGLAS DR.
WEST CHESTER, PA 19380
Phone:(610) 431-4593
Fax:
Website:http://www.spfcu420.virtualcu.net
Branches:0 branch locations
Members:974
Credit Union Type:Federal Credit Union
Charter Number:18234
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1967
Last Audited:Jul 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,188,989
CEO/Manager:EUGENE S POPIEL
Chairperson:ROBERT COULTER

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 125,624
TOTAL INVESTMENTS 5,630
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 339,889
 Other Loans 706,860
 TOTAL LOANS 1,046,749
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -7,157
 Land And Building 0
 Other Fixed Assets 709
 NCUSIF Deposit 10,882
 All Other Assets 6,552
  TOTAL ASSETS 1,188,989
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 216
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,068,838
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,068,838
  TOTAL LIABILITIES 1,069,054
 Regular Reserve 57,607
 Other Reserves 0
 Undivided Earnings 62,328
  TOTAL EQUITY 119,935
  TOTAL LIABILITIES, SHARES, & EQUITY 1,188,989
INCOME & EXPENSE  
 Loan Income 11,381
 Investment Income 52
 Other Income 1
 Total Employee Compensation & Benefits 2,059
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 6,721
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 9,000
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -6,346
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