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TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION

Mar, 31, 2021 — TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in TROY, PA with 1 branch location and about $1.98 million in total assets. Opened 43 years ago in 1978, TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION has about 237 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:TROY AREA SCHOOL EMP. FEDERAL CREDIT UNION
Address:
(Main Office)
92 FARMERS VALLEY RD
TROY, PA 16947-7703
Phone:(570) 529-1492
Fax:
Website:n/a
Branches:1 branch locations
Members:237
Credit Union Type:Federal Credit Union
Charter Number:23258
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1978
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,984,059
CEO/Manager:Gyla Hoose
Chairperson:Naomi Edsell

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 781,320
TOTAL INVESTMENTS 978,711
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 230,172
 Other Loans 0
 TOTAL LOANS 230,172
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,707
 Land And Building 0
 Other Fixed Assets 471
 NCUSIF Deposit 15,423
 All Other Assets 1,669
  TOTAL ASSETS 1,984,059
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,736
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,671,078
 All Other Shares & Deposits 62,739
  TOTAL SHARES & DEPOSITS 1,733,817
  TOTAL LIABILITIES 1,738,553
 Regular Reserve 9,759
 Other Reserves 0
 Undivided Earnings 235,747
  TOTAL EQUITY 245,506
  TOTAL LIABILITIES, SHARES, & EQUITY 1,984,059
INCOME & EXPENSE  
 Loan Income 3,324
 Investment Income 3,599
 Other Income 0
 Total Employee Compensation & Benefits 2,970
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,972
 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) -18
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