Sep, 30, 2025 — PENN EAST FEDERAL CREDIT UNION is a federal credit union headquartered in SCRANTON, PA with 4 branch locations and about $268.33 million in total assets. Opened 88 years ago in 1938, PENN EAST FEDERAL CREDIT UNION has about 22,026 members and employs 60 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PENN EAST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 441 N 7th Ave SCRANTON, PA 18503 |
| Phone: | (570) 342-2720 |
| Fax: | (570) 342-4669 |
| Website: | https://www.penneastfcu.org |
| Branches: | 4 branch locations |
| Members: | 22,026 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2742 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $268,334,905 |
| CEO/Manager: | Marie C Beggin |
| Chairperson: | Lisa Lesneski |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,043,117 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 66,703,328 |
| Unsecured Loans | 6,095,449 |
| Other Loans | 54,911,305 |
| TOTAL LOANS | 127,710,082 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,144,355 |
| Land And Building | 8,749,607 |
| Other Fixed Assets | 1,373,452 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,432,035 |
| All Other Assets | 0 |
| TOTAL ASSETS | 268,334,905 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,111,494 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 58,122,935 |
| Regular shares | 118,223,346 |
| All Other Shares & Deposits | 70,882,110 |
| TOTAL SHARES & DEPOSITS | 247,228,391 |
| TOTAL LIABILITIES | 248,339,885 |
| Regular Reserve | 0 |
| Other Reserves | -4,790,680 |
| Undivided Earnings | 24,785,700 |
| TOTAL EQUITY | 19,995,020 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 268,334,905 |
| INCOME & EXPENSE | |
| Loan Income | 4,782,895 |
| Investment Income | 2,410,389 |
| Other Income | 1,036,023 |
| Total Employee Compensation & Benefits | 3,728,519 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,582,848 |
| Non-operating Income & (Expense) | 599,441 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 165,645 |
| Cost of Funds | 1,490,207 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 848,375 |
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