Sep, 30, 2025 — CLARION FEDERAL CREDIT UNION is a federal credit union headquartered in CLARION, PA with 5 branch locations and about $242.85 million in total assets. Opened 86 years ago in 1940, CLARION FEDERAL CREDIT UNION has about 16,964 members and employs 52 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLARION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 144 Holiday Inn Rd CLARION, PA 16214 |
| Phone: | (814) 226-5032 |
| Fax: | (814) 226-9033 |
| Website: | https://www.toptierfcu.org |
| Branches: | 5 branch locations |
| Members: | 16,964 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3655 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $242,847,038 |
| CEO/Manager: | Mark A Lauer |
| Chairperson: | Deborah Boyles |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 10,160,452 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 251,100 |
| Real Estate Loans | 107,509,179 |
| Unsecured Loans | 2,642,464 |
| Other Loans | 78,442,848 |
| TOTAL LOANS | 190,410,829 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,595,825 |
| Land And Building | 7,837,489 |
| Other Fixed Assets | 489,357 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,881,639 |
| All Other Assets | 0 |
| TOTAL ASSETS | 242,847,038 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 949,121 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 32,063,329 |
| Regular shares | 67,909,868 |
| All Other Shares & Deposits | 116,509,571 |
| TOTAL SHARES & DEPOSITS | 216,482,768 |
| TOTAL LIABILITIES | 217,431,889 |
| Regular Reserve | 0 |
| Other Reserves | 155,108 |
| Undivided Earnings | 25,260,041 |
| TOTAL EQUITY | 25,415,149 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 242,847,038 |
| INCOME & EXPENSE | |
| Loan Income | 7,530,318 |
| Investment Income | 1,291,500 |
| Other Income | 859,910 |
| Total Employee Compensation & Benefits | 2,680,545 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,724,382 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 180,000 |
| Cost of Funds | 3,265,372 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,794,913 |
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