Dec, 31, 2023 — GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, PA with 0 branch location and about $2.27 million in total assets. Opened 56 years ago in 1968, GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION has about 348 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3202 Attleboro Rd GREENSBURG, PA 15601 |
| Phone: | (724) 668-8913 |
| Fax: | |
| Website: | n/a |
| Branches: | 0 branch locations |
| Members: | 348 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18775 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,269,493 |
| CEO/Manager: | Scott Sapir |
| Chairperson: | Anthony M Basciano |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 805,626 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 479,286 |
| Other Loans | 688,683 |
| TOTAL LOANS | 1,167,969 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,629 |
| Land And Building | 0 |
| Other Fixed Assets | 20 |
| NCUSIF Deposit | 19,749 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,269,493 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,831 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 569 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,936,502 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,936,502 |
| TOTAL LIABILITIES | 1,939,902 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 329,591 |
| TOTAL EQUITY | 329,591 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,269,493 |
| INCOME & EXPENSE | |
| Loan Income | 57,790 |
| Investment Income | 21,446 |
| Other Income | 40 |
| Total Employee Compensation & Benefits | 27,767 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 29,781 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 1,986 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 20,495 |
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» See also Statement of Financial Condition