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HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION

Mar, 31, 2022 — HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION is a federal credit union headquartered in FT WASHINGTON, PA with 1 branch location and about $33.01 million in total assets. Opened 85 years ago in 1937, HONEYWELL PHILADELPHIA DIV FEDERAL CREDIT UNION has about 1,537 members and employs 6 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:http://www.honeywellfcu.com
Branches:1 branch locations
Members:1,537
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:Apr 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$33,013,646
CEO/Manager:Steve Bilo
Chairperson:Wayne Luker

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,934,589
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 981,126
 Unsecured Loans 697,895
 Other Loans 650,152
 TOTAL LOANS 2,329,173
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,550
 Land And Building 0
 Other Fixed Assets 3,193
 NCUSIF Deposit 277,930
 All Other Assets 0
  TOTAL ASSETS 33,013,646
LIABILITIES & CAPITAL:  
 Dividends Payable 2,709
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,486
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,373,674
 Regular shares 24,468,008
 All Other Shares & Deposits 1,991,512
  TOTAL SHARES & DEPOSITS 30,833,194
  TOTAL LIABILITIES 30,851,389
 Regular Reserve 0
 Other Reserves 450,588
 Undivided Earnings 1,711,669
  TOTAL EQUITY 2,162,257
  TOTAL LIABILITIES, SHARES, & EQUITY 33,013,646
INCOME & EXPENSE  
 Loan Income 32,423
 Investment Income 78,983
 Other Income 579
 Total Employee Compensation & Benefits 90,408
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 69,506
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,057
 Cost of Funds 8,306
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -359,728
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