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ASBESTOS WORKERS LOCAL 14 FEDERAL CREDIT UNION

Sep, 30, 2025 — ASBESTOS WORKERS LOCAL 14 FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $4.01 million in total assets. Opened 59 years ago in 1967, ASBESTOS WORKERS LOCAL 14 FEDERAL CREDIT UNION has about 491 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ASBESTOS WORKERS LOCAL 14 FEDERAL CREDIT UNION
Address:
(Main Office)
2014 Hornig Rd
PHILADELPHIA, PA 19116
Phone:(215) 289-3990
Fax:(215) 289-2001
Website:n/a
Branches:1 branch locations
Members:491
Credit Union Type:Federal Credit Union
Charter Number:18446
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1967
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$4,011,652
CEO/Manager:Patricia Reeves
Chairperson:Martin O'Driscoll

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 356,344
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 566,196
 Other Loans 185,675
 TOTAL LOANS 751,871
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -70,828
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 35,762
 All Other Assets 0
  TOTAL ASSETS 4,011,652
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 10,449
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,374,226
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 3,374,226
  TOTAL LIABILITIES 3,384,675
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 626,977
  TOTAL EQUITY 626,977
  TOTAL LIABILITIES, SHARES, & EQUITY 4,011,652
INCOME & EXPENSE  
 Loan Income 43,579
 Investment Income 72,861
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 40,289
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 76,151
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