Sep, 30, 2025 — MC FEDERAL CREDIT UNION (MCFCU) is a federal credit union headquartered in DANVILLE, PA with 6 branch locations and about $243.16 million in total assets. Opened 72 years ago in 1954, MC FEDERAL CREDIT UNION (MCFCU) has about 13,610 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 390 Walnut St DANVILLE, PA 17821-1503 |
| Phone: | (570) 275-6155 |
| Fax: | (570) 275-4176 |
| Website: | https://www.mcfcu.org |
| Branches: | 6 branch locations |
| Members: | 13,610 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24929 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $243,156,431 |
| CEO/Manager: | Elba Arenas |
| Chairperson: | Douglas Bastian |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,862,558 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 116,855,894 |
| Unsecured Loans | 8,954,638 |
| Other Loans | 39,522,505 |
| TOTAL LOANS | 165,333,038 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,111,117 |
| Land And Building | 2,595,963 |
| Other Fixed Assets | 752,729 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,943,547 |
| All Other Assets | 0 |
| TOTAL ASSETS | 243,156,431 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,703,182 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 41,543,805 |
| Regular shares | 63,344,735 |
| All Other Shares & Deposits | 110,779,152 |
| TOTAL SHARES & DEPOSITS | 215,667,693 |
| TOTAL LIABILITIES | 217,370,882 |
| Regular Reserve | 0 |
| Other Reserves | -1,879,679 |
| Undivided Earnings | 27,665,228 |
| TOTAL EQUITY | 25,785,549 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 243,156,431 |
| INCOME & EXPENSE | |
| Loan Income | 7,686,013 |
| Investment Income | 1,805,059 |
| Other Income | 666,518 |
| Total Employee Compensation & Benefits | 2,389,885 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,340,012 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 358,940 |
| Cost of Funds | 3,229,783 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,733,598 |
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