Dec, 31, 2023 — AVH FEDERAL CREDIT UNION is a federal credit union headquartered in NATRONA HEIGHTS, PA with 1 branch location and about $4.52 million in total assets. Opened 46 years ago in 1978, AVH FEDERAL CREDIT UNION has about 591 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AVH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1301 carlisle st NATRONA HEIGHTS, PA 15065 |
| Phone: | (724) 224-5045 |
| Fax: | (724) 226-7027 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 591 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 22953 |
|---|---|
| Membership Type: | Service - Health Care |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Nov 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,516,521 |
| CEO/Manager: | MICHELLE SHOOP |
| Chairperson: | BRENDA l LANG |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 856,547 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 598,757 |
| Other Loans | 811,650 |
| TOTAL LOANS | 1,422,742 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,943 |
| Land And Building | 0 |
| Other Fixed Assets | 2 |
| NCUSIF Deposit | 33,079 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,516,521 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 8,218 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 807 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 2,805,350 |
| All Other Shares & Deposits | 157,798 |
| TOTAL SHARES & DEPOSITS | 2,963,147 |
| TOTAL LIABILITIES | 2,972,172 |
| Regular Reserve | 0 |
| Other Reserves | 137,420 |
| Undivided Earnings | 1,406,929 |
| TOTAL EQUITY | 1,544,349 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,516,521 |
| INCOME & EXPENSE | |
| Loan Income | 66,080 |
| Investment Income | 112,765 |
| Other Income | 115 |
| Total Employee Compensation & Benefits | 75,556 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 45,214 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,000 |
| Cost of Funds | 2,141 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 51,057 |
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