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U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION

Mar, 31, 2021 — U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION is a federal credit union headquartered in Canonsburg, PA with 1 branch location and about $9.19 million in total assets. Opened 46 years ago in 1975, U.F.C.W. LOCAL 23 FEDERAL CREDIT UNION has about 2,047 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, Suite 110
Canonsburg, PA 15317
Phone:(724) 514-2200
Fax:(724) 514-2204
Website:http://ufcw23fcu.org
Branches:1 branch locations
Members:2,047
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:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$9,189,941
CEO/Manager:Carrie DeMotte
Chairperson:Leonard J Lutz

Call Report

  • Real Estate Loans

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,765,652
TOTAL INVESTMENTS 534,898
Loans Held for Sale 0
 
 Real Estate Loans 1,542,510
 Unsecured Loans 226,193
 Other Loans 2,039,631
 TOTAL LOANS 3,808,334
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -21,714
 Land And Building 0
 Other Fixed Assets 10,438
 NCUSIF Deposit 67,346
 All Other Assets 24,987
  TOTAL ASSETS 9,189,941
LIABILITIES & CAPITAL:  
 Dividends Payable 1,874
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,519
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 7,988,319
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 7,988,319
  TOTAL LIABILITIES 7,998,712
 Regular Reserve 110,024
 Other Reserves 0
 Undivided Earnings 1,081,205
  TOTAL EQUITY 1,191,229
  TOTAL LIABILITIES, SHARES, & EQUITY 9,189,941
INCOME & EXPENSE  
 Loan Income 79,199
 Investment Income 4,378
 Other Income 949
 Total Employee Compensation & Benefits 29,174
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,080
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,000
 Cost of Funds 5,038
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 20,288
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