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 |
| 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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