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I. U. 7 FEDERAL CREDIT UNION

Sep, 30, 2025 — I. U. 7 FEDERAL CREDIT UNION is a federal credit union headquartered in NEW KENSINGTON, PA with 1 branch location and about $22.06 million in total assets. Opened 53 years ago in 1973, I. U. 7 FEDERAL CREDIT UNION has about 1,251 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:I. U. 7 FEDERAL CREDIT UNION
Address:
(Main Office)
2300 Freeport Rd
NEW KENSINGTON, PA 15068-4669
Phone:(724) 339-0635
Fax:(724) 339-0605
Website:https://www.westernpafcu.org
Branches:1 branch locations
Members:1,251
Credit Union Type:Federal Credit Union
Charter Number:21140
Membership Type:Multiple common bond - Primarily educational
Corporate Credit Union:No
Year Opened:1973
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$22,055,586
CEO/Manager:Misty Gilkey
Chairperson:John Thomas

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,956,213
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,474,917
 Unsecured Loans 376,818
 Other Loans 4,862,930
 TOTAL LOANS 10,714,665
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -144,508
 Land And Building 0
 Other Fixed Assets 35,022
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 199,515
 All Other Assets 0
  TOTAL ASSETS 22,055,586
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,616
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 15,112
 Regular shares 7,168,275
 All Other Shares & Deposits 12,008,853
  TOTAL SHARES & DEPOSITS 19,192,240
  TOTAL LIABILITIES 19,193,856
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,861,730
  TOTAL EQUITY 2,861,730
  TOTAL LIABILITIES, SHARES, & EQUITY 22,055,586
INCOME & EXPENSE  
 Loan Income 434,363
 Investment Income 193,055
 Other Income 1,895
 Total Employee Compensation & Benefits 174,671
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 188,626
 Non-operating Income & (Expense) 6,250
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -2,477
 Cost of Funds 354,319
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -76,122
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