Sep, 30, 2025 — U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION is a federal credit union headquartered in CANONSBURG, PA with 1 branch location and about $8.76 million in total assets. Opened 51 years ago in 1975, U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION has about 1,573 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 345 Southpointe Blvd CANONSBURG, PA 15317 |
| Phone: | (724) 514-2200 |
| Fax: | (724) 514-2204 |
| Website: | https://www.ufcw23fcu.org |
| Branches: | 1 branch locations |
| Members: | 1,573 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 21956 |
|---|---|
| Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $8,764,806 |
| CEO/Manager: | Carrie DeMotte |
| Chairperson: | Nancy a Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,321,125 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,486,052 |
| Unsecured Loans | 217,446 |
| Other Loans | 2,163,209 |
| TOTAL LOANS | 3,866,708 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -51,308 |
| Land And Building | 0 |
| Other Fixed Assets | 274 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 65,490 |
| All Other Assets | 0 |
| TOTAL ASSETS | 8,764,806 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 205,372 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 7,181,291 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 7,181,292 |
| TOTAL LIABILITIES | 7,386,664 |
| Regular Reserve | 0 |
| Other Reserves | 110,024 |
| Undivided Earnings | 1,268,118 |
| TOTAL EQUITY | 1,378,142 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 8,764,806 |
| INCOME & EXPENSE | |
| Loan Income | 146,142 |
| Investment Income | 157,401 |
| Other Income | 3,490 |
| Total Employee Compensation & Benefits | 117,882 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 177,552 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 51,308 |
| Cost of Funds | 41,038 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -77,154 |
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