TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION is a federal credit union headquartered in TOWANDA, PA with 2 branch locations and about $394,998 in total assets. Opened 47 years ago in 1979, TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION has about 112 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TOWANDA SCHOOL EMP. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3689 OLD PLANK RD TOWANDA, PA 18848 |
| Phone: | (607) 372-7224 |
| Fax: | |
| Website: | n/a |
| Branches: | 2 branch locations |
| Members: | 112 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 23509 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1979 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $394,998 |
| CEO/Manager: | Marcia R Field |
| Chairperson: | Mary Ellen Maurer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 474 |
| TOTAL INVESTMENTS | 300,000 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 101,341 |
| Other Loans | 0 |
| TOTAL LOANS | 101,341 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,514 |
| Land And Building | 0 |
| Other Fixed Assets | 2,927 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,770 |
| All Other Assets | 0 |
| TOTAL ASSETS | 394,998 |
| 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 | 326,541 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 326,541 |
| TOTAL LIABILITIES | 326,541 |
| Regular Reserve | 25,576 |
| Other Reserves | 0 |
| Undivided Earnings | 42,881 |
| TOTAL EQUITY | 68,457 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 394,998 |
| INCOME & EXPENSE | |
| Loan Income | 10,005 |
| Investment Income | 735 |
| Other Income | 140 |
| Total Employee Compensation & Benefits | 7,200 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 2,970 |
| Total Other Operating Expenses | 5,305 |
| Non-operating Income & (Expense) | 3,710 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,336 |
| Cost of Funds | 519 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -3,740 |
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