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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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