Sep, 30, 2025 — HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION is a federal credit union headquartered in FT WASHINGTON, PA with 1 branch location and about $23.45 million in total assets. Opened 89 years ago in 1937, HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION has about 1,374 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 512 Virginia Dr FT WASHINGTON, PA 19034 |
| Phone: | (215) 641-3492 |
| Fax: | (215) 641-3513 |
| Website: | https://www.honeywellfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,374 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2374 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,452,802 |
| CEO/Manager: | Steve Bilo |
| Chairperson: | Virgus Volertas |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,582,314 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,117,979 |
| Unsecured Loans | 622,609 |
| Other Loans | 639,941 |
| TOTAL LOANS | 2,380,530 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,757 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 230,368 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,452,802 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,037 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,273,292 |
| Regular shares | 15,983,435 |
| All Other Shares & Deposits | 3,283,483 |
| TOTAL SHARES & DEPOSITS | 23,540,211 |
| TOTAL LIABILITIES | 23,539,174 |
| Regular Reserve | 0 |
| Other Reserves | -1,925,786 |
| Undivided Earnings | 1,839,414 |
| TOTAL EQUITY | -86,372 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,452,802 |
| INCOME & EXPENSE | |
| Loan Income | 103,265 |
| Investment Income | 393,091 |
| Other Income | 2,315 |
| Total Employee Compensation & Benefits | 308,374 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 189,309 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,625 |
| Cost of Funds | 103,692 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -280,932 |
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