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National Credit Union Service Organization

T. C. W. H. #585 FEDERAL CREDIT UNION

Jun, 30, 2021 — T. C. W. H. #585 FEDERAL CREDIT UNION is a federal credit union headquartered in Washington, PA with 1 branch location and about $402,643 in total assets. Opened 55 years ago in 1966, T. C. W. H. #585 FEDERAL CREDIT UNION has about 180 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:T. C. W. H. #585 FEDERAL CREDIT UNION
Address:
(Main Office)
457 Tyler Ave
Washington, PA 15301-3842
Phone:(724) 222-0101
Fax:(724) 222-0354
Website:n/a
Branches:1 branch locations
Members:180
Credit Union Type:Federal Credit Union
Charter Number:24531
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1966
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$402,643
CEO/Manager:Judy L Humphreys
Chairperson:Charlene McVay

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 272,673
TOTAL INVESTMENTS 3,565
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 24,194
 Other Loans 104,785
 TOTAL LOANS 128,979
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,191
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 3,461
 All Other Assets 4,156
  TOTAL ASSETS 402,643
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 115
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 367,517
 All Other Shares & Deposits 16,823
  TOTAL SHARES & DEPOSITS 384,340
  TOTAL LIABILITIES 384,455
 Regular Reserve 18,188
 Other Reserves 0
 Undivided Earnings 0
  TOTAL EQUITY 18,188
  TOTAL LIABILITIES, SHARES, & EQUITY 402,643
INCOME & EXPENSE  
 Loan Income 6,056
 Investment Income 20
 Other Income 279
 Total Employee Compensation & Benefits 6,323
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,291
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -5,259
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