Credit Unions Near Me
National Credit Union Service Organization

MERHO FEDERAL CREDIT UNION

Mar, 31, 2021 — MERHO FEDERAL CREDIT UNION is a federal credit union headquartered in JOHNSTOWN, PA with 2 branch locations and about $58.70 million in total assets. Opened 49 years ago in 1972, MERHO FEDERAL CREDIT UNION has about 5,015 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MERHO FEDERAL CREDIT UNION
Address:
(Main Office)
15 IRENE ST
JOHNSTOWN, PA 15905-4124
Phone:(814) 535-3116
Fax:(814) 539-5090
Website:http://www.merhofcu.org
Branches:2 branch locations
Members:5,015
Credit Union Type:Federal Credit Union
Charter Number:20921
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1972
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$58,696,299
CEO/Manager:Karen A Walker
Chairperson:Jerry Pavlosky

Call Report

  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,826,270
TOTAL INVESTMENTS 36,827,840
Loans Held for Sale 0
 
 Real Estate Loans 7,640,044
 Unsecured Loans 2,634,584
 Other Loans 6,682,005
 TOTAL LOANS 16,956,633
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -71,692
 Land And Building 377,182
 Other Fixed Assets 175,461
 NCUSIF Deposit 470,738
 All Other Assets 133,867
  TOTAL ASSETS 58,696,299
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 93,173
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 10,430,827
 Regular shares 29,660,602
 All Other Shares & Deposits 13,037,083
  TOTAL SHARES & DEPOSITS 53,128,512
  TOTAL LIABILITIES 53,221,685
 Regular Reserve 655,647
 Other Reserves 0
 Undivided Earnings 4,818,967
  TOTAL EQUITY 5,474,614
  TOTAL LIABILITIES, SHARES, & EQUITY 58,696,299
INCOME & EXPENSE  
 Loan Income 175,868
 Investment Income 102,271
 Other Income 70,510
 Total Employee Compensation & Benefits 134,930
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 180,533
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 6,884
 Cost of Funds 38,081
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 25,080
↑ Back to Top

Other Credit Unions

PAKCO EMPLOYEES FEDERAL CREDIT UNION
147 ELEANOR DR
LATROBE, PA 15650
JOHNSTOWN SCHOOL EMPLOYEES FEDERAL CREDIT UNION
738 VIEWMONT AVE
JOHNSTOWN, PA 15905
FORT LIGONIER FEDERAL CREDIT UNION
1917 PENN AVENUE
JEROME, PA 15937
FRANKLIN JOHNSTOWN FEDERAL CREDIT UNION
310 BLOOMFIELD ST
JOHNSTOWN, PA 15904-3202
DERRY AREA FEDERAL CREDIT UNION
P.O. BOX 128
DERRY, PA 15627
LATROBE FEDERAL CREDIT UNION
1812 LIGONIER STREET
LATROBE, PA 15650
DERTOWN SCHOOL FEDERAL CREDIT UNION
5012 State Route 982 APT 3
LATROBE, PA 15650-3404
LATROBE AREA HOSPITAL FEDERAL CREDIT UNION
121 W 2ND AVE
LATROBE, PA 15650
G.A.P. FEDERAL CREDIT UNION
111 FRANKLIN ST RM 224
JOHNSTOWN, PA 15901
PRR SOUTH FORK FEDERAL CREDIT UNION
220 MAIN ST
SOUTH FORK, PA 15956