Dec, 31, 2023 — PACE RESOURCES FEDERAL CREDIT UNION is a federal credit union headquartered in YORK, PA with 2 branch locations and about $6.44 million in total assets. Opened 55 years ago in 1969, PACE RESOURCES FEDERAL CREDIT UNION has about 687 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | PACE RESOURCES FEDERAL CREDIT UNION |
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Address: (Main Office) | 445 W PHILADELPHIA ST YORK, PA 17401 |
Phone: | (717) 852-1390 |
Fax: | (717) 852-1391 |
Website: | n/a |
Branches: | 2 branch locations |
Members: | 687 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19501 |
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Membership Type: | Multiple common bond - Primarily other manufacturing |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $6,442,319 |
CEO/Manager: | Andrea L Hackenberger |
Chairperson: | Brent Bakner |
ASSETS: | $ Amount |
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Cash & Equivalents | 347,902 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 474,744 |
Unsecured Loans | 469,734 |
Other Loans | 1,105,579 |
TOTAL LOANS | 2,050,058 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -17,464 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 56,479 |
All Other Assets | 0 |
TOTAL ASSETS | 6,442,319 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 2,567 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 593 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 936,616 |
Regular shares | 4,305,580 |
All Other Shares & Deposits | 275,620 |
TOTAL SHARES & DEPOSITS | 5,517,817 |
TOTAL LIABILITIES | 5,520,977 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 921,342 |
TOTAL EQUITY | 921,342 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,442,319 |
INCOME & EXPENSE | |
Loan Income | 116,989 |
Investment Income | 176,238 |
Other Income | 8,639 |
Total Employee Compensation & Benefits | 81,228 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 78,342 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,000 |
Cost of Funds | 8,197 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 150,264 |
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