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WHITE ROCK FEDERAL CREDIT UNION

Mar, 31, 2021 — WHITE ROCK FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, PA with 1 branch location and about $989,158 in total assets. Opened 43 years ago in 1978, WHITE ROCK FEDERAL CREDIT UNION has about 124 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:WHITE ROCK FEDERAL CREDIT UNION
Address:
(Main Office)
5240 CHESTNUT ST
PHILADELPHIA, PA 19139
Phone:(215) 471-7233
Fax:
Website:n/a
Branches:1 branch locations
Members:124
Credit Union Type:Federal Credit Union
Charter Number:23037
Membership Type:Associational - Religious, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1978
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$989,158
CEO/Manager:Evelyn J Merrick
Chairperson:Princess Williams

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 40,019
TOTAL INVESTMENTS 836,974
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 105,812
 Other Loans 0
 TOTAL LOANS 105,812
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,970
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 8,323
 All Other Assets 0
  TOTAL ASSETS 989,158
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 899,590
 All Other Shares & Deposits 11,309
  TOTAL SHARES & DEPOSITS 910,899
  TOTAL LIABILITIES 910,899
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 78,259
  TOTAL EQUITY 78,259
  TOTAL LIABILITIES, SHARES, & EQUITY 989,158
INCOME & EXPENSE  
 Loan Income 1,843
 Investment Income 906
 Other Income 0
 Total Employee Compensation & Benefits 0
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 60
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,689
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