Dec, 31, 2023 — USX FEDERAL CREDIT UNION is a federal credit union headquartered in CRANBERRY TWP, PA with 8 branch locations and about $258.43 million in total assets. Opened 86 years ago in 1938, USX FEDERAL CREDIT UNION has about 20,654 members and employs 61 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | USX FEDERAL CREDIT UNION |
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Address: (Main Office) | PO Box 1728 CRANBERRY TWP, PA 16066-0728 |
Phone: | (888) 219-3159 |
Fax: | (724) 776-4322 |
Website: | https://www.usxfcu.org |
Branches: | 8 branch locations |
Members: | 20,654 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2740 |
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Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $258,429,069 |
CEO/Manager: | Mark A Volponi |
Chairperson: | John E Toth |
ASSETS: | $ Amount |
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Cash & Equivalents | 13,495,548 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 67,870,328 |
Unsecured Loans | 16,250,611 |
Other Loans | 55,439,138 |
TOTAL LOANS | 139,560,077 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -987,245 |
Land And Building | 4,751,548 |
Other Fixed Assets | 1,178,240 |
NCUSIF Deposit | 2,295,456 |
All Other Assets | 138,540 |
TOTAL ASSETS | 258,429,069 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 106,214 |
Notes & Interest Payable | 8,000,000 |
Accounts Payable & Other Liabilities | 2,618,418 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 33,760,970 |
Regular shares | 96,663,251 |
All Other Shares & Deposits | 93,105,389 |
TOTAL SHARES & DEPOSITS | 223,529,611 |
TOTAL LIABILITIES | 234,254,243 |
Regular Reserve | 0 |
Other Reserves | -3,173,982 |
Undivided Earnings | 27,348,808 |
TOTAL EQUITY | 24,174,826 |
TOTAL LIABILITIES, SHARES, & EQUITY | 258,429,069 |
INCOME & EXPENSE | |
Loan Income | 7,478,959 |
Investment Income | 1,132,285 |
Other Income | 1,441,991 |
Total Employee Compensation & Benefits | 4,871,212 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 5,021,113 |
Non-operating Income & (Expense) | -13,763 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 194,766 |
Cost of Funds | 2,404,004 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -489,378 |
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» See also Statement of Financial Condition