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GALAXY FEDERAL CREDIT UNION

Sep, 30, 2025 — GALAXY FEDERAL CREDIT UNION is a federal credit union headquartered in FRANKLIN, PA with 1 branch location and about $68.95 million in total assets. Opened 86 years ago in 1940, GALAXY FEDERAL CREDIT UNION has about 4,560 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:GALAXY FEDERAL CREDIT UNION
Address:
(Main Office)
1313 Liberty St
FRANKLIN, PA 16323
Phone:(814) 432-1207
Fax:(814) 437-3134
Website:https://www.galaxyfcu.com
Branches:1 branch locations
Members:4,560
Credit Union Type:Federal Credit Union
Charter Number:4116
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$68,948,549
CEO/Manager:Donald G Pfohl
Chairperson:Dennis Hoover

Call Report

  • Payday Alternative Loans (PAL Loans)
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,693,308
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,129,604
 Unsecured Loans 1,381,732
 Other Loans 20,192,730
 TOTAL LOANS 30,704,069
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -179,403
 Land And Building 176,370
 Other Fixed Assets 65,057
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 526,229
 All Other Assets 0
  TOTAL ASSETS 68,948,549
LIABILITIES & CAPITAL:  
 Dividends Payable 98,970
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 279,129
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,479,705
 Regular shares 25,769,045
 All Other Shares & Deposits 19,060,798
  TOTAL SHARES & DEPOSITS 56,309,551
  TOTAL LIABILITIES 56,687,650
 Regular Reserve 0
 Other Reserves -12,710
 Undivided Earnings 12,273,609
  TOTAL EQUITY 12,260,899
  TOTAL LIABILITIES, SHARES, & EQUITY 68,948,549
INCOME & EXPENSE  
 Loan Income 1,312,109
 Investment Income 820,960
 Other Income 59,682
 Total Employee Compensation & Benefits 596,896
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 663,396
 Non-operating Income & (Expense) 10,511
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 44,330
 Cost of Funds 584,315
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 464,215
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