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G.A.P. FEDERAL CREDIT UNION

Sep, 30, 2025 — G.A.P. FEDERAL CREDIT UNION is a federal credit union headquartered in JOHNSTOWN, PA with 6 branch locations and about $74.97 million in total assets. Opened 89 years ago in 1937, G.A.P. FEDERAL CREDIT UNION has about 6,490 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:G.A.P. FEDERAL CREDIT UNION
Address:
(Main Office)
111 Franklin St Rm 224
JOHNSTOWN, PA 15901
Phone:(814) 535-4165
Fax:(814) 535-2175
Website:https://www.gapfcu.org
Branches:6 branch locations
Members:6,490
Credit Union Type:Federal Credit Union
Charter Number:2405
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1937
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$74,965,054
CEO/Manager:Diane G Lopez
Chairperson:Wendy Hudak

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,596,164
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,985,863
 Unsecured Loans 7,976,651
 Other Loans 18,917,328
 TOTAL LOANS 38,879,842
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -407,330
 Land And Building 147,893
 Other Fixed Assets 80,287
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 630,610
 All Other Assets 0
  TOTAL ASSETS 74,965,054
LIABILITIES & CAPITAL:  
 Dividends Payable 5,045
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 247,409
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,979,576
 Regular shares 39,361,397
 All Other Shares & Deposits 11,957,848
  TOTAL SHARES & DEPOSITS 64,298,821
  TOTAL LIABILITIES 64,551,275
 Regular Reserve 0
 Other Reserves 676,020
 Undivided Earnings 9,737,759
  TOTAL EQUITY 10,413,779
  TOTAL LIABILITIES, SHARES, & EQUITY 74,965,054
INCOME & EXPENSE  
 Loan Income 1,786,677
 Investment Income 811,039
 Other Income 64,645
 Total Employee Compensation & Benefits 712,461
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 948,762
 Non-operating Income & (Expense) 292,378
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 38,835
 Cost of Funds 207,223
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,047,458
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