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PACE RESOURCES FEDERAL CREDIT UNION

Mar, 31, 2021 — PACE RESOURCES FEDERAL CREDIT UNION is a federal credit union headquartered in YORK, PA with 3 branch locations and about $6.64 million in total assets. Opened 52 years ago in 1969, PACE RESOURCES FEDERAL CREDIT UNION has about 776 members and employs 3 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
Address:
(Main Office)
P.O. BOX 15040
YORK, PA 17405
Phone:(717) 852-1390
Fax:(717) 852-1391
Website:n/a
Branches:3 branch locations
Members:776
Credit Union Type:Federal Credit Union
Charter Number:19501
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,636,190
CEO/Manager:Andrea L Hackenberger
Chairperson:Brent Bakner

Call Report

  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 532,966
TOTAL INVESTMENTS 4,888,223
Loans Held for Sale 0
 
 Real Estate Loans 110,650
 Unsecured Loans 492,905
 Other Loans 569,574
 TOTAL LOANS 1,173,129
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,625
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 51,144
 All Other Assets 15,353
  TOTAL ASSETS 6,636,190
LIABILITIES & CAPITAL:  
 Dividends Payable 3,365
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,588
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 926,689
 Regular shares 4,525,538
 All Other Shares & Deposits 445,622
  TOTAL SHARES & DEPOSITS 5,897,849
  TOTAL LIABILITIES 5,903,802
 Regular Reserve 35,882
 Other Reserves 0
 Undivided Earnings 696,506
  TOTAL EQUITY 732,388
  TOTAL LIABILITIES, SHARES, & EQUITY 6,636,190
INCOME & EXPENSE  
 Loan Income 22,231
 Investment Income 17,483
 Other Income 1,835
 Total Employee Compensation & Benefits 20,915
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 19,488
 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 1,924
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 503
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