Dec, 31, 2023 — U.A.L.U. 354 FEDERAL CREDIT UNION is a federal credit union headquartered in GREENSBURG, PA with 1 branch location and about $7.21 million in total assets. Opened 46 years ago in 1978, U.A.L.U. 354 FEDERAL CREDIT UNION has about 1,605 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | U.A.L.U. 354 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 271 ARMBRUST RD GREENSBURG, PA 15601 |
| Phone: | (724) 925-9354 |
| Fax: | (724) 925-9354 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,605 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23174 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1978 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,210,289 |
| CEO/Manager: | Diane E Obitko |
| Chairperson: | Brent E Watkiss |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 255,603 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,131,567 |
| Other Loans | 4,134,086 |
| TOTAL LOANS | 5,265,653 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -73,561 |
| Land And Building | 0 |
| Other Fixed Assets | 7 |
| NCUSIF Deposit | 65,168 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,210,289 |
| 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 | 458,742 |
| Regular shares | 5,696,561 |
| All Other Shares & Deposits | 167,808 |
| TOTAL SHARES & DEPOSITS | 6,323,109 |
| TOTAL LIABILITIES | 6,323,109 |
| Regular Reserve | 0 |
| Other Reserves | 1,974 |
| Undivided Earnings | 885,206 |
| TOTAL EQUITY | 887,180 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,210,289 |
| INCOME & EXPENSE | |
| Loan Income | 247,026 |
| Investment Income | 38,587 |
| Other Income | 15,701 |
| Total Employee Compensation & Benefits | 158,611 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 90,984 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,700 |
| Cost of Funds | 24,389 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,630 |
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» See also Statement of Financial Condition