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P A T A FEDERAL CREDIT UNION

Dec, 31, 2020 — P A T A FEDERAL CREDIT UNION is a federal credit union headquartered in Pittsburgh, PA with 1 branch location and about $3.27 million in total assets. Opened 35 years ago in 1986, P A T A FEDERAL CREDIT UNION has about 988 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:P A T A FEDERAL CREDIT UNION
Address:
(Main Office)
207 Sigma Dr
Pittsburgh, PA 15238-2827
Phone:(412) 963-8081
Fax:(412) 963-6838
Website:n/a
Branches:1 branch locations
Members:988
Credit Union Type:Federal Credit Union
Charter Number:24267
Membership Type:Multiple common bond - Primarily transportation equipment
Corporate Credit Union:No
Year Opened:1986
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,273,968
CEO/Manager:Maureen M Wheeler
Chairperson:Darl Lochinger

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 913,680
TOTAL INVESTMENTS 69,744
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 598,523
 Other Loans 1,672,504
 TOTAL LOANS 2,271,027
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -22,590
 Land And Building 0
 Other Fixed Assets 1,305
 NCUSIF Deposit 28,091
 All Other Assets 12,711
  TOTAL ASSETS 3,273,968
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,068
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 123,945
 Regular shares 2,799,276
 All Other Shares & Deposits 116,865
  TOTAL SHARES & DEPOSITS 3,040,086
  TOTAL LIABILITIES 3,041,154
 Regular Reserve 81,177
 Other Reserves 0
 Undivided Earnings 151,637
  TOTAL EQUITY 232,814
  TOTAL LIABILITIES, SHARES, & EQUITY 3,273,968
INCOME & EXPENSE  
 Loan Income 134,924
 Investment Income 3,846
 Other Income 15,680
 Total Employee Compensation & Benefits 107,277
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 50,535
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,987
 Cost of Funds 370
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -9,719
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