Sep, 30, 2025 — SERVICE 1ST FEDERAL CREDIT UNION is a federal credit union headquartered in DANVILLE, PA with 12 branch locations and about $766.41 million in total assets. Opened 51 years ago in 1975, SERVICE 1ST FEDERAL CREDIT UNION has about 49,748 members and employs 152 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SERVICE 1ST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1985 Montour Blvd DANVILLE, PA 17821 |
| Phone: | (570) 271-6060 |
| Fax: | (570) 271-8793 |
| Website: | https://www.service1.org |
| Branches: | 12 branch locations |
| Members: | 49,748 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22128 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1975 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $766,413,710 |
| CEO/Manager: | Michael Thomas |
| Chairperson: | Tracy Shirk |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 53,801,183 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 404,000 |
| Real Estate Loans | 362,348,257 |
| Unsecured Loans | 26,245,398 |
| Other Loans | 276,939,842 |
| TOTAL LOANS | 666,011,266 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -4,766,745 |
| Land And Building | 9,742,106 |
| Other Fixed Assets | 2,743,749 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,418,778 |
| All Other Assets | 0 |
| TOTAL ASSETS | 766,413,710 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 4,748,389 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 140,763,245 |
| Regular shares | 198,247,035 |
| All Other Shares & Deposits | 336,235,949 |
| TOTAL SHARES & DEPOSITS | 675,246,229 |
| TOTAL LIABILITIES | 680,054,137 |
| Regular Reserve | 0 |
| Other Reserves | 1,394,723 |
| Undivided Earnings | 84,964,850 |
| TOTAL EQUITY | 86,359,573 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 766,413,710 |
| INCOME & EXPENSE | |
| Loan Income | 29,259,249 |
| Investment Income | 2,276,229 |
| Other Income | 2,151,751 |
| Total Employee Compensation & Benefits | 10,247,221 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 9,969,819 |
| Non-operating Income & (Expense) | 75 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,743,419 |
| Cost of Funds | 8,497,708 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 7,735,164 |
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