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CITY CO FEDERAL CREDIT UNION

Dec, 31, 2023 — CITY CO FEDERAL CREDIT UNION is a federal credit union headquartered in PITTSBURGH, PA with 2 branch locations and about $23.91 million in total assets. Opened 83 years ago in 1941, CITY CO FEDERAL CREDIT UNION has about 3,289 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.


ABA Routing Number: 243083224
Name:CITY CO FEDERAL CREDIT UNION
Address:
(Main Office)
220 Grant St
PITTSBURGH, PA 15219
Phone:(412) 350-5957
Fax:(412) 281-7269
Website:https://www.citycofcu.com
Branches:2 branch locations
Members:3,289
Credit Union Type:Federal Credit Union
Charter Number:4233
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1941
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$23,913,547
CEO/Manager:Joseph S Marzullo
Chairperson:Kevin F McCarthy

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,661,227
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,176,448
 Unsecured Loans 2,490,954
 Other Loans 4,929,488
 TOTAL LOANS 11,596,890
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -147,990
 Land And Building 0
 Other Fixed Assets 25,867
 NCUSIF Deposit 174,153
 All Other Assets 0
  TOTAL ASSETS 23,913,547
LIABILITIES & CAPITAL:  
 Dividends Payable 7,374
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 36,369
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,204,253
 Regular shares 13,196,443
 All Other Shares & Deposits 8,246,840
  TOTAL SHARES & DEPOSITS 22,647,536
  TOTAL LIABILITIES 22,691,279
 Regular Reserve 0
 Other Reserves -504,452
 Undivided Earnings 1,726,720
  TOTAL EQUITY 1,222,268
  TOTAL LIABILITIES, SHARES, & EQUITY 23,913,547
INCOME & EXPENSE  
 Loan Income 702,448
 Investment Income 510,213
 Other Income 227,851
 Total Employee Compensation & Benefits 376,341
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 792,743
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 248,054
 Cost of Funds 91,459
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -31,001
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