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GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION

Mar, 31, 2021 — GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION is a federal credit union headquartered in NEW ALEXANDRIA, PA with 0 branch location and about $2.33 million in total assets. Opened 53 years ago in 1968, GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION has about 363 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)
113 R.E. MAIN ST
NEW ALEXANDRIA, PA 15670
Phone:(724) 668-8913
Fax:(724) 668-0023
Website:n/a
Branches:0 branch locations
Members:363
Credit Union Type:Federal Credit Union
Charter Number:18775
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1968
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$2,327,695
CEO/Manager:Eric Burkley
Chairperson:Anthony M Basciano

Call Report

  • Risk Based Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 970,752
TOTAL INVESTMENTS 218,433
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 396,488
 Other Loans 721,712
 TOTAL LOANS 1,118,200
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -11,570
 Land And Building 0
 Other Fixed Assets 20
 NCUSIF Deposit 16,860
 All Other Assets 15,000
  TOTAL ASSETS 2,327,695
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 698
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 2,018,081
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 2,018,081
  TOTAL LIABILITIES 2,018,779
 Regular Reserve 78,869
 Other Reserves 0
 Undivided Earnings 230,047
  TOTAL EQUITY 308,916
  TOTAL LIABILITIES, SHARES, & EQUITY 2,327,695
INCOME & EXPENSE  
 Loan Income 15,063
 Investment Income 1,521
 Other Income 5
 Total Employee Compensation & Benefits 9,675
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 17,757
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,000
 Cost of Funds 474
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -10,054
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