Sep, 30, 2025 — TIMBERLAND FEDERAL CREDIT UNION is a federal credit union headquartered in DUBOIS, PA with 4 branch locations and about $92.94 million in total assets. Opened 53 years ago in 1973, TIMBERLAND FEDERAL CREDIT UNION has about 9,265 members and employs 28 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TIMBERLAND FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 821 Beaver Dr DUBOIS, PA 15801 |
| Phone: | (814) 371-2676 |
| Fax: | (814) 371-0701 |
| Website: | https://www.timberlandfcu.org |
| Branches: | 4 branch locations |
| Members: | 9,265 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21413 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1973 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $92,940,056 |
| CEO/Manager: | Joel Slagan |
| Chairperson: | Mark Lambert |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,261,875 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,155,554 |
| Unsecured Loans | 7,601,338 |
| Other Loans | 36,647,505 |
| TOTAL LOANS | 57,404,397 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -394,973 |
| Land And Building | 2,154,257 |
| Other Fixed Assets | 649,152 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 788,130 |
| All Other Assets | 16,600 |
| TOTAL ASSETS | 92,940,056 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 144,263 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -119,714 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,115,712 |
| Regular shares | 32,236,186 |
| All Other Shares & Deposits | 30,697,387 |
| TOTAL SHARES & DEPOSITS | 83,049,285 |
| TOTAL LIABILITIES | 83,073,834 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,866,222 |
| TOTAL EQUITY | 9,866,222 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 92,940,056 |
| INCOME & EXPENSE | |
| Loan Income | 2,508,491 |
| Investment Income | 960,488 |
| Other Income | 612,342 |
| Total Employee Compensation & Benefits | 1,460,120 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,561,059 |
| Non-operating Income & (Expense) | 7,797 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 213,837 |
| Cost of Funds | 890,349 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 600,582 |
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