Dec, 31, 2023 — U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION is a federal credit union headquartered in CANONSBURG, PA with 1 branch location and about $8.61 million in total assets. Opened 49 years ago in 1975, U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION has about 1,797 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 |
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Address: (Main Office) | 345 Southpointe Blvd CANONSBURG, PA 15317 |
Phone: | (724) 514-2200 |
Fax: | (724) 514-2204 |
Website: | https://ufcw23fcu.org |
Branches: | 1 branch locations |
Members: | 1,797 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21956 |
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Membership Type: | Service - Finance, Insurance, Real Estate, Trade |
Corporate Credit Union: | No |
Year Opened: | 1975 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $8,606,153 |
CEO/Manager: | Carrie DeMotte |
Chairperson: | Leonard J Lutz |
ASSETS: | $ Amount |
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Cash & Equivalents | 934,681 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 1,361,058 |
Unsecured Loans | 262,296 |
Other Loans | 1,947,721 |
TOTAL LOANS | 3,571,075 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -26,945 |
Land And Building | 0 |
Other Fixed Assets | 4,656 |
NCUSIF Deposit | 77,462 |
All Other Assets | 0 |
TOTAL ASSETS | 8,606,153 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 6,495 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 7,137,634 |
All Other Shares & Deposits | 181,615 |
TOTAL SHARES & DEPOSITS | 7,319,251 |
TOTAL LIABILITIES | 7,325,746 |
Regular Reserve | 0 |
Other Reserves | 110,023 |
Undivided Earnings | 1,170,384 |
TOTAL EQUITY | 1,280,407 |
TOTAL LIABILITIES, SHARES, & EQUITY | 8,606,153 |
INCOME & EXPENSE | |
Loan Income | 208,186 |
Investment Income | 226,946 |
Other Income | 5,316 |
Total Employee Compensation & Benefits | 140,430 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 132,776 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 27,000 |
Cost of Funds | 62,488 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 85,569 |
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