Sep, 30, 2025 — PIONEER VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in SPRINGFIELD, MA with 4 branch locations and about $159.56 million in total assets. Opened 103 years ago in 1923, PIONEER VALLEY FEDERAL CREDIT UNION has about 11,491 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PIONEER VALLEY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 189 Brookdale Dr SPRINGFIELD, MA 01104 |
| Phone: | (413) 733-2800 |
| Fax: | |
| Website: | https://www.pvcu.org |
| Branches: | 4 branch locations |
| Members: | 11,491 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24443 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1923 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $159,555,515 |
| CEO/Manager: | Anabela P Grenier |
| Chairperson: | Shane Newell |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,182,107 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 75,149,781 |
| Unsecured Loans | 17,937,404 |
| Other Loans | 33,114,703 |
| TOTAL LOANS | 126,201,888 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,075,686 |
| Land And Building | 1,598,570 |
| Other Fixed Assets | 466,365 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,140,637 |
| All Other Assets | 0 |
| TOTAL ASSETS | 159,555,515 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 2,000,000 |
| Accounts Payable & Other Liabilities | 1,615,757 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 17,088,950 |
| Regular shares | 23,879,541 |
| All Other Shares & Deposits | 96,545,362 |
| TOTAL SHARES & DEPOSITS | 137,513,851 |
| TOTAL LIABILITIES | 141,129,608 |
| Regular Reserve | 0 |
| Other Reserves | 141,487 |
| Undivided Earnings | 18,284,420 |
| TOTAL EQUITY | 18,425,907 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 159,555,515 |
| INCOME & EXPENSE | |
| Loan Income | 5,783,391 |
| Investment Income | 757,224 |
| Other Income | 1,290,925 |
| Total Employee Compensation & Benefits | 2,266,575 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,394,435 |
| Non-operating Income & (Expense) | -6,581 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 614,559 |
| Cost of Funds | 2,702,455 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 563,939 |
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