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E R R L FEDERAL CREDIT UNION

Jun, 30, 2021 — E R R L FEDERAL CREDIT UNION is a federal credit union headquartered in WYNDMOOR, PA with 0 branch location and about $1.49 million in total assets. Opened 79 years ago in 1942, E R R L FEDERAL CREDIT UNION has about 250 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:E R R L FEDERAL CREDIT UNION
Address:
(Main Office)
600 E MERMAID LN
WYNDMOOR, PA 19038
Phone:(215) 836-5596
Fax:(215) 836-7521
Website:n/a
Branches:0 branch locations
Members:250
Credit Union Type:Federal Credit Union
Charter Number:4871
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1942
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$1,488,847
CEO/Manager:Edward Youse
Chairperson:Bassam Annous

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 188,766
TOTAL INVESTMENTS 889,570
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 151,069
 Other Loans 256,808
 TOTAL LOANS 407,877
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,918
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 12,547
 All Other Assets 5
  TOTAL ASSETS 1,488,847
LIABILITIES & CAPITAL:  
 Dividends Payable 278
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,466
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,335,859
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,335,859
  TOTAL LIABILITIES 1,341,603
 Regular Reserve 38,273
 Other Reserves 0
 Undivided Earnings 108,971
  TOTAL EQUITY 147,244
  TOTAL LIABILITIES, SHARES, & EQUITY 1,488,847
INCOME & EXPENSE  
 Loan Income 12,586
 Investment Income 8,095
 Other Income 3
 Total Employee Compensation & Benefits 12,726
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,587
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,576
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 900
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