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VALLEY PRIDE FEDERAL CREDIT UNION

Dec, 31, 2023 — VALLEY PRIDE FEDERAL CREDIT UNION is a federal credit union headquartered in KINGSTON, PA with 1 branch location and about $6.48 million in total assets. Opened 45 years ago in 1979, VALLEY PRIDE FEDERAL CREDIT UNION has about 629 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:VALLEY PRIDE FEDERAL CREDIT UNION
Address:
(Main Office)
New Bridge Center # 120-121
KINGSTON, PA 18704
Phone:(570) 714-1685
Fax:(570) 714-9422
Website:n/a
Branches:1 branch locations
Members:629
Credit Union Type:Federal Credit Union
Charter Number:23467
Membership Type:Multiple common bond - Primarily health care
Corporate Credit Union:No
Year Opened:1979
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$6,477,850
CEO/Manager:gina heinbach
Chairperson:Richard Tomko

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,749,182
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,011,636
 Other Loans 1,083,089
 TOTAL LOANS 2,094,726
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -27,605
 Land And Building 0
 Other Fixed Assets 5,566
 NCUSIF Deposit 59,401
 All Other Assets 0
  TOTAL ASSETS 6,477,850
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,715
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 58,943
 Regular shares 4,974,622
 All Other Shares & Deposits 451,300
  TOTAL SHARES & DEPOSITS 5,484,867
  TOTAL LIABILITIES 5,487,582
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 990,268
  TOTAL EQUITY 990,268
  TOTAL LIABILITIES, SHARES, & EQUITY 6,477,850
INCOME & EXPENSE  
 Loan Income 140,768
 Investment Income 121,373
 Other Income 45,125
 Total Employee Compensation & Benefits 94,157
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 89,021
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,297
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 119,791
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