Sep, 30, 2025 — PALCO FEDERAL CREDIT UNION (PALCO FCU) is a federal credit union headquartered in MUNCY, PA with 2 branch locations and about $103.47 million in total assets. Opened 88 years ago in 1938, PALCO FEDERAL CREDIT UNION (PALCO FCU) has about 6,185 members and employs 16 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PALCO FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 191 Chad Rd MUNCY, PA 17756-8146 |
| Phone: | (570) 546-2333 |
| Fax: | (570) 546-6868 |
| Website: | https://www.palcofcu.org |
| Branches: | 2 branch locations |
| Members: | 6,185 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2959 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $103,472,769 |
| CEO/Manager: | Scott F Naughton |
| Chairperson: | Christopher J McKeown |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,465,151 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,821,979 |
| Unsecured Loans | 4,705,101 |
| Other Loans | 27,449,570 |
| TOTAL LOANS | 45,976,650 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -274,088 |
| Land And Building | 538,920 |
| Other Fixed Assets | 639,351 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 863,869 |
| All Other Assets | 0 |
| TOTAL ASSETS | 103,472,769 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 104,298 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,674,688 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 19,378,967 |
| Regular shares | 46,001,830 |
| All Other Shares & Deposits | 26,489,595 |
| TOTAL SHARES & DEPOSITS | 91,870,392 |
| TOTAL LIABILITIES | 90,300,002 |
| Regular Reserve | 0 |
| Other Reserves | -88,430 |
| Undivided Earnings | 13,261,197 |
| TOTAL EQUITY | 13,172,767 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 103,472,769 |
| INCOME & EXPENSE | |
| Loan Income | 1,981,406 |
| Investment Income | 1,447,074 |
| Other Income | 207,896 |
| Total Employee Compensation & Benefits | 801,145 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,198,998 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 61,632 |
| Cost of Funds | 768,756 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,175,641 |
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