ALLEGHENY METAL FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://alleghenymetalfcu.org for more information.
Dec, 31, 2023 — ALLEGHENY METAL FEDERAL CREDIT UNION is a federal credit union headquartered in LEECHBURG, IN with 1 branch location and about $14.79 million in total assets. Opened 83 years ago in 1941, ALLEGHENY METAL FEDERAL CREDIT UNION has about 1,686 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLEGHENY METAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 260 PERSHING AVE LEECHBURG, IN 15656 |
| Phone: | (724) 845-8923 |
| Fax: | (724) 845-7452 |
| Website: | https://alleghenymetalfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,686 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 4566 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1941 |
| Last Audited: | Mar 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $14,786,687 |
| CEO/Manager: | Regina Pearson |
| Chairperson: | Frank P Sulava |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,186,667 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 501,592 |
| Unsecured Loans | 952,916 |
| Other Loans | 3,622,233 |
| TOTAL LOANS | 5,076,741 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,170 |
| Land And Building | 102,327 |
| Other Fixed Assets | 4,104 |
| NCUSIF Deposit | 118,603 |
| All Other Assets | 0 |
| TOTAL ASSETS | 14,786,687 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 7,638 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 6,274 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 95,995 |
| Regular shares | 12,220,447 |
| All Other Shares & Deposits | 9,845 |
| TOTAL SHARES & DEPOSITS | 12,326,287 |
| TOTAL LIABILITIES | 12,340,199 |
| Regular Reserve | 0 |
| Other Reserves | 360,812 |
| Undivided Earnings | 2,085,676 |
| TOTAL EQUITY | 2,446,488 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 14,786,687 |
| INCOME & EXPENSE | |
| Loan Income | 59,292 |
| Investment Income | 5,353 |
| Other Income | 916 |
| Total Employee Compensation & Benefits | 33,800 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 31,111 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 7,698 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -5,201 |
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» See also Statement of Financial Condition