Sep, 30, 2025 — PPG & ASSOCIATES FEDERAL CREDIT UNION is a federal credit union headquartered in CREIGHTON, PA with 2 branch locations and about $20.06 million in total assets. Opened 91 years ago in 1935, PPG & ASSOCIATES FEDERAL CREDIT UNION has about 1,714 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PPG & ASSOCIATES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 Bailies Run Rd CREIGHTON, PA 15030-1066 |
| Phone: | (724) 224-1777 |
| Fax: | (724) 224-3226 |
| Website: | https://www.ppgfcu.org |
| Branches: | 2 branch locations |
| Members: | 1,714 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 370 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $20,060,091 |
| CEO/Manager: | Sean P O'Leary |
| Chairperson: | Julia L Yockey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,153,834 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,334,069 |
| Unsecured Loans | 1,069,091 |
| Other Loans | 2,812,515 |
| TOTAL LOANS | 5,215,675 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -54,541 |
| Land And Building | 38,995 |
| Other Fixed Assets | 5,264 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 185,296 |
| All Other Assets | 0 |
| TOTAL ASSETS | 20,060,091 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 328 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 38,298 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,221,478 |
| Regular shares | 15,316,996 |
| All Other Shares & Deposits | 469,476 |
| TOTAL SHARES & DEPOSITS | 18,007,950 |
| TOTAL LIABILITIES | 18,046,576 |
| Regular Reserve | 0 |
| Other Reserves | -376,321 |
| Undivided Earnings | 2,389,836 |
| TOTAL EQUITY | 2,013,515 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 20,060,091 |
| INCOME & EXPENSE | |
| Loan Income | 266,525 |
| Investment Income | 220,302 |
| Other Income | 33,412 |
| Total Employee Compensation & Benefits | 243,773 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 234,487 |
| Non-operating Income & (Expense) | 16,614 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 12,665 |
| Cost of Funds | 10,040 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 38,277 |
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